 | Frontiers of Monetary Policymaking: Adding the Exchange Rate as a Tool to Combat Deflationary Risks in the Czech Republic Author/Editor: Ali Alichi, Jaromir Benes, Joshua Felman, Irene Feng, Charles Freedman, Douglas Laxton, Evan Tanner, David Vavra, Hou Wang. Release Date:April, 2015 The paper first describes how the Czech National Bank (CNB) moved gradually from a fixed exchange rate regime to the frontiers of Inflation-Forecast Targeting. It then focuses on the CNB’s recent more...
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|  | The Rich and the Great Recession Author/Editor: Bas B. Bakker, Joshua Felman. Release Date:December, 2014 Most papers explaining the macro causes of the U.S. Great Recession focus on the behavior of the middle class: how its saving rate declined in the pre-crisis years, then surged following the crisis. more...
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|  | Developing Asean5 Bond Markets : What Still Needs to Be Done? Author/Editor: Simon Gray, Andreas Jobst, Joshua Felman, Ana Carvajal. Release Date:June, 2011 This paper examines a range of issues relating to bond markets in the ASEAN5 (Indonesia, Malaysia, Philippines, Singapore and Thailand) - physical infrastructure including trading, clearing and more...
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|  | Asean Bond Market Development : Where Does it Stand? Where is it Going? Author/Editor: Mahmood Pradhan, Shanaka J. Peiris, Mangal Goswami, Dulani Seneviratne, Joshua Felman, Andreas Jobst, Simon Gray. Release Date:June, 2011 Since the Asian crisis, ASEAN5 countries have expended considerable effort in trying to develop their domestic bond markets. Yet today these markets are not much larger, relative to GDP, than they more...
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