Author/Editor: Piyabha Kongsamut, Christian Mumssen, Anne-Charlotte Paret, Thierry Tressel.

Release Date:December, 2017

How can information on financial conditions be used to better understand macroeconomic developments and improve macroeconomic projections? We investigate this question for France by more...

Author/Editor: Dilyana Dimova, Piyabha Kongsamut, Jérôme Vandenbussche.

Release Date:February, 2016

This paper presents a detailed account of the rich set of macroprudential measures taken in
 four Southeastern European countries—Bulgaria, Croatia, Romania, and more...

Author/Editor: Piyabha Kongsamut, V Haksar.

Release Date:November, 2003

Recent crises in emerging markets have highlighted the role of the corporate sector in transmitting financial shocks to the macroeconomy. This paper takes stock of the performance of the Thai more...

Author/Editor: Piyabha Kongsamut.

Release Date:August, 2001

The Philippines is planning to shift toward adoption of an inflation targeting framework in 2001. This paper reviews key policy issues in this context, describes various operational and technical more...

Author/Editor: Sergio Rebelo, Piyabha Kongsamut, Danyang Xie.

Release Date:June, 2001

Balanced growth models are commonly used in macroeconomics because they are consistent with the well-known Kaldor facts regarding economic growth. These models, however, are inconsistent with one of more...