 | The Journey to Inflation Targeting : Easier Said than Done The Case for Transitional Arrangements along the Road Author/Editor: Bernard Laurens, Kelly Eckhold, Darryl King, Nils Øyvind Mæhle, Abdul Naseer, Alain Durré. Release Date:June, 2015 Countries with evolving monetary regimes that decide to embark on “the Journey toinflation targeting†may not be able to adopt a full-fledged inflation targeting regimeimmediately. Those more...
| Price: $18.00
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| Requirements for Using Interest Rates As An Operating Target for Monetary Policy : The Case of Tunisia Author/Editor: Alain Durré, Bernard Laurens, Alexandre Chailloux. Release Date:July, 2009 This paper discusses the use of interest rates as the operating target for monetary policy in Tunisia and the roadmap for establishing the other building blocks of an inflation targeting framework. more...
| Price: $18.00
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| Central Bank Autonomy : Lessons from Global Trends Author/Editor: Bernard Laurens, Martin Sommer, Marco Arnone, Jean-François Segalotto. Release Date:April, 2007 We calculate indexes of central bank autonomy (CBA) for 163 central banks as of end-2003, and comparable indexes for a subgroup of 68 central banks as of the end of the 1980s. The results confirm more...
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| The Measurement of Central Bank Autonomy : Survey of Models, Indicators, and Empirical Evidence Author/Editor: Bernard Laurens, Marco Arnone, Jean-François Segalotto. Release Date:October, 2006 This paper presents a survey of the literature on the measurement of central bank autonomy. We distinguish inputs that constitute the building blocks in the literature, and the literature that builds more...
| Price: $18.00
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| Measures of Central Bank Autonomy : Empirical Evidence for OECD, Developing, and Emerging Market Economies Author/Editor: Jean-François Segalotto, Marco Arnone, Bernard Laurens. Release Date:October, 2006 This paper presents an update of the Grilli-Masciandaro-Tabellini (GMT) index of central bank (CB) autonomy, based on CB legislation as of end-2003. The index is applied to a set of OECD and more...
| Price: $18.00
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 | Monetary Policy Implementation at Different Stages of Market Development Author/Editor: Bernard Laurens. Release Date:December, 2005 The most salient trend in monetary policy over the past two decades has been increasing reliance on money market operations, which reflects the belief that allowing market forces to allocate more...
| Price: $25.00
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| Interest Rate Liberalization and Money Market Development Author/Editor: Hassanali Mehran, Marc Quintyn, Bernard Laurens. Release Date:December, 1996 This book by Hassanali Mehran, Bernard Laurens, and Marc Quintyn brings together the papers presented at a seminar held in Beijing, China, in August 1995 and sponsored jointly by the IMF's Monetary more...
| Price: $20.00
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 | Monetary and Exchange System Reforms in China : An Experiment in Gradualism Author/Editor: Marc Quintyn, Bernard Laurens, Hassanali Mehran, Tom Nordman. Release Date:September, 1996 In 1978, China embarked on a gradual but far-reaching reform of its economic system. This paper focuses on the achievements so far in reforming the financial sector, the legal framework for financial more...
| Price: $15.00
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| Refinance Instruments : Lessons From their Use in Some Industrialized Countries Author/Editor: Bernard Laurens. Release Date:May, 1994 Many central banks around the world are gradually shifting from a system of direct controls towards the implementation of monetary policy through market-oriented instruments, including refinance more...
| Price: $15.00
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