 | Coincident Indicators of Capital Flows Author/Editor: Yanliang Miao, Malika Pant. Release Date:February, 2012 Capital flows data from Balance of Payments statistics often lag 3-6 months, which renders timely surveillance and policy deliberation difficult. To address the tension, we propose two coincident more...
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 | The Real Exchange Rate and Growth Revisited : The Washington Consensus Strikes Back? Author/Editor: Andrew Berg, Yanliang Miao. Release Date:March, 2010 There is good reason and much evidence to suggest that the real exchange rate matters for economic growth, but why? The Washington Consensus (WC) view holds that real exchange rate misalignment more...
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| In Search of Successful Inflation Targeting : Evidence From An Inflation Targeting Index Author/Editor: Yanliang Miao. Release Date:July, 2009 In a first attempt to treat inflation targeting (IT) as a continuous variable, we construct IT subindices for 21 full-fledged ITers on three dimensions: flexibility, transparency, and explicitness. more...
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