 | A Simple Macrofiscal Model for Policy Analysis: An Application to Morocco Author/Editor: Daniel Baksa, Ales Bulir, Roberto Cardarelli. Release Date:July, 2021 The paper describes a semistructural macrofiscal approach to simulating and forecasting macroeconomic policies. The model focuses on only a few variables that are consistent with the New Keynesian more...
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| The Morocco Policy Analysis Model: Theoretical Framework and Policy Scenarios Author/Editor: Aya Achour, Ales Bulir, Omar Chafik, Adam Remo. Release Date:April, 2021
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| A Simple Macrofiscal Model for Policy Analysis: An Application to Cambodia Author/Editor: Daniel Baksa, Ales Bulir, Dyna Heng. Release Date:September, 2020 The paper describes a semistructural macrofiscal approach to simulating and forecasting macroeconomic policies. Our canonical model is adapted to Cambodia and we demonstrate its application with an more...
| Price: $18.00
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| An Index for Transparency for Inflation-Targeting Central Banks: Application to the Czech National Bank Author/Editor: Rania A Al-Mashat, Ales Bulir, N Nergiz Dinçer, Tibor Hlédik, Tomás Holub, Asya Kostanyan, Douglas Laxton, Armen Nurbekyan, Rafael A Portillo, Hou Wang. Release Date:September, 2018 This paper develops a new central bank transparency index for inflation-targeting central banks (CBT-IT index). It applies the CBT-IT index to the Czech National Bank (CNB), one of the most more...
| Price: $18.00
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| Morocco: A Practical Approach to Monetary Policy Analysis in a Country with Capital Controls Author/Editor: Mokhtar Benlamine, Ales Bulir, Meryem Farouki, Ágnes Horváth, Faical Hossaini, Hasnae El Idrissi, Zineb Iraoui, Mihály Kovács, Douglas Laxton, Anass Maaroufi, Katalin Szilágyi, Mohamed Taamouti, David Vávra. Release Date:February, 2018 The Central Bank of Morocco has been working on developing a Forecasting and Policy Analysis System (FPAS) to support a gradual move toward a more flexible exchange rate regime and the eventual more...
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| Sustainable Real Exchange Rates in the New Eu Member States : What Did the Great Recession Change? Author/Editor: Katerina Smídková, Jan Babecky, Ales Bulir. Release Date:August, 2010 The Great Recession affected export and import patterns in our sample countries, and these changes, coupled with a more volatile external environment, have profound impact on our estimates of real more...
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| Inflation Targeting and Communication : It Pays Off to Read Inflation Reports Author/Editor: Katerina Smdkov, Viktor Kotln, David Navrtil, Ales Bulir. Release Date:October, 2008 Inflation-targeting central banks have a respectable track record at explaining their policy actions and corresponding inflation outturns. Using a simple forward-looking policy rule and an assessment more...
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| Writing Clearly : ECB’s Monetary Policy Communication Author/Editor: Martin Cihak, Katerina Smdkov, Ales Bulir. Release Date:October, 2008 The paper presents a methodology for measuring the clarity of central bank communication, illustrating it with the case of the European Central Bank (ECB) in 1999-2007. The analysis identifies the more...
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| Taylor Rule Under Financial Instability Author/Editor: Martin Cihak, Ales Bulir, Sofía Bauducco. Release Date:January, 2008 This paper contributes to the analysis of monetary policy in the face of financial instability. In particular, we extend the standard new Keynesian dynamic stochastic general equilibrium (DSGE) model more...
| Price: $18.00
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| What Explains Private Saving in Mexico? Author/Editor: Andrew Swiston, Ales Bulir. Release Date:August, 2006 This paper examines the factors influencing Mexico's private saving rate. Cross-country analysis finds that Mexico's private saving is somewhat higher than could be explained by its fundamentals, but more...
| Price: $15.00
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