 | An Extended Quarterly Projection Model: Credit Cycle, Macrofinancial Linkages and Macroprudential Measures: The Case of the Philippines Author/Editor: Philippe D Karam, Mikhail Pranovich, Jan Vlcek. Release Date:October, 2021 We extend a modern practical Quarterly Projection Model to study credit cycle dynamics and risks, focusing on macrofinancial linkages and the role of macroprudential policy in achieving economic and more...
| Price: $5.00
|
| Quarterly Projection Model for the National Bank of Rwanda Author/Editor: Jan Vlcek, Mikhail Pranovich, Patrick Hitayezu, Bruno Mwenese, Christian Nyalihama. Release Date:December, 2020 National Bank of Rwanda (BNR) modernized monetary policy and transited to the price-based policy framework in January 2019. The Forecasting and Policy Analysis System (FPAS) is the cornerstone for more...
| Price: $18.00
|
| Decomposing the Inflation Dynamics in the Philippines Author/Editor: Si Guo, Philippe D Karam, Jan Vlcek. Release Date:July, 2019 Inflation rates rose sharply in the Philippines during 2018. Understanding the demand and supply sources of inflation pressures is key to monetary policy response. Qualitatively, indicators have more...
| Price: $18.00
|
| Structural Quarterly Projection Model for Belarus Author/Editor: Karel Musil, Mikhail Pranovich, Jan Vlcek. Release Date:December, 2018 Belarusian authorities contemplate transiting to inflation targeting. The paper suggests a small structural model at the core of the forecasting and policy analysis system. A well-researched more...
| Price: $18.00
|
| Banks' Adjustment to Basel III Reform : A Bank-Level Perspective for Emerging Europe Author/Editor: Michal Andrle, Vladimír Tomšík, Jan Vlcek. Release Date:February, 2017 The paper seeks to identify strategies of commercial banks in response to higher capital requirements of Basel III reform and its phase-in. It focuses on a sample of nine EU emerging market countries more...
| Price: $18.00
|
| Money Targeting in a Modern Forecasting and Policy Analysis System: an Application to Kenya Author/Editor: Michal Andrle, Andrew Berg, Enrico Berkes, Rafael A Portillo, Jan Vlcek, R Armando Morales. Release Date:November, 2013 We extend the framework in Andrle and others (2013) to incorporate an explicit role for money targets and target misses in the analysis of monetary policy in low-income countries (LICs), with an more...
| Price: $18.00
|
| The Monetary Transmission Mechanism in the Tropics: A Narrative Approach Author/Editor: Andrew Berg, Luisa Charry, Rafael A Portillo, Jan Vlcek. Release Date:September, 2013 Many central banks in low-income countries in Sub-Saharan Africa are modernising their monetary policy frameworks. Standard statistical procedures have had limited success in identifying the channels more...
| Price: $18.00
|
 | Forecasting and Monetary Policy Analysis in Low-Income Countries: Food and non-Food Inflation in Kenya Author/Editor: Michal Andrle, Andrew Berg, R Armando Morales, Rafael Portillo, Jan Vlcek. Release Date:March, 2013 We develop a semi-structural new-Keynesian open-economy model, with separate food and non-food inflation dynamics, for forecasting and monetary policy analysis in low-income countries and apply it to more...
| Price: $18.00
|
| 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...
| Price: $18.00
|
| 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...
| Price: $18.00
|
|
Help