 | Fiscal Buffers for Natural Disasters in Pacific Island Countries Author/Editor: Hidetaka Nishizawa, Scott Roger, Huan Zhang. Release Date:July, 2019 Pacific island countries (PICs) are vulnerable severe natural disasters, especially cyclones, inflicting large losses on their economies. In the aftermath of disasters, PIC governments face revenue more...
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 | Inflation Targeting and Country Risk: an Empirical Investigation Author/Editor: Armand Fouejieu, Scott Roger. Release Date:January, 2013 The sovereign debt crisis in Europe has highlighted the role of country risk premia as a link between countries’ fiscal and external balances, financial conditions and monetary policy. The purpose more...
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 | The Global Macroeconomic Costs of Raising Bank Capital Adequacy Requirements Author/Editor: Scott Roger, Francis Vitek. Release Date:February, 2012 This paper examines the transitional macroeconomic costs of a synchronized global increase in bank capital adequacy requirements under Basel III, as well as a capital increase covering globally more...
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 | Macrofinancial Modeling at Central Banks: Recent Developments and Future Directions Author/Editor: Scott Roger, Jan Vlcek. Release Date:January, 2012 This paper surveys dynamic stochastic general equilibrium models with financial frictions in use by central banks and discusses priorities for future development of such models for the purpose of more...
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 | Macroeconomic Costs of Higher Bank Capital and Liquidity Requirements Author/Editor: Scott Roger, Jan Vlcek. Release Date:May, 2011 This paper uses a DSGE model with banks and financial frictions in credit markets to assess the medium-term macroeconomic costs of increasing capital and liquidity requirements. The analysis more...
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 | Hybrid Inflation Targeting Regimes Author/Editor: Carlos Garcia, Jorge Restrepo, Scott Roger. Release Date:October, 2009 This paper uses a DSGE model to examine whether including the exchange rate explicitly in the central bank's policy reaction function can improve macroeconomic performance. It is found that including more...
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 | Inflation Targeting at 20 - Achievements and Challenges Author/Editor: Scott Roger. Release Date:October, 2009 This paper provides an overview of inflation targeting frameworks and macroeconomic performance under inflation targeting. Inflation targeting frameworks are generally quite similar across countries, more...
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 | Implementing Inflation Targeting : Institutional Arrangements, Target Design, and Communications Author/Editor: Marcel Peter, Scott Roger, Geoffrey Heenan. Release Date:December, 2006 Transparency is a central element in most aspects of the design and operation of inflation targeting regimes. This paper focuses on three elements of inflation targeting most closely associated with more...
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 | On Target? the International Experience with Achieving Inflation Targets Author/Editor: Scott Roger, Mark R Stone. Release Date:August, 2005 This paper examines the international experience with full-fledged inflation targeting monetary regimes. Stylized facts are brought together from a review of the institutional elements of inflation more...
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