Author/Editor: Man-Keung Tang, Xiangrong Yu.

Release Date:August, 2011

This paper studies the role of central bank communication of its economic assessment in shaping inflation dynamics. Imperfect information about the central bank''s assessment - or the basis for more...

Author/Editor: G. Terrier, Rodrigo O. Valdes, Camilo Ernesto Tovar Mora, Jorge A. Chan-Lau, Carlos Fernandez Valdovinos, Mercedes Garcia-Escribano, Carlos I. Medeiros, Man-Keung Tang, Mercedes Vera Martin, W. Christopher Walker.

Release Date:July, 2011

This paper reviews policy tools that have been used and/or are available for policy makers in the region to lean against the wind and review relevant country experiences using them. The instruments more...

Author/Editor: Man-Keung Tang.

Release Date:May, 2007

Advanced economies have been experiencing diverse developments in accumulation of financial liabilities by their household and corporate sectors since around 1995. Crosscountry- industry evidence more...

Author/Editor: Jaewoo Lee, Man-Keung Tang.

Release Date:July, 2003

We revisit the time-honored link between productivity and the real exchange rate. Consistent with the traditional view, we find that higher labor productivity tends to lead to appreciation of the more...