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	Monetary Policy in Low Income Countries in the Face of the Global Crisis: The Case of Zambia Author/Editor: Alfredo Baldini, Jaromir Benes, Andrew Berg, Mai Dao, Rafael Portillo. Release Date: April, 2012 Price: $18.00 We develop a DSGE model with a banking sector to analyze the impact of the financial crisis on Zambia and the role of the monetary policy response. We view the crisis as a combination of three more...
	Central Bank Independence and Macro-prudential Regulation Author/Editor: Kenichi Ueda, Fabian Valencia. Release Date: April, 2012 Price: $18.00 We consider the optimality of various institutional arrangements for agencies that conduct macro-prudential regulation and monetary policy. When a central bank is in charge of price and financial more...
	Romania: Ex Post Evaluation of Exceptional Access Under the 2009 Stand-By Arrangement Release Date: March, 2012 Price: $18.00
	Guinea : 2011 Article IV Consultation and Requests for a Three-Year Arrangement Under the Extended Credit Facility, and for Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries�Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Guinea. Release Date: March, 2012 Price: $18.00 This paper presents Guinea’s 2011 Article IV Consultation and requests for a three-year arrangement under the Extended Credit Facility. The macroeconomic improvement in 2011 has been mainly owed more...
	Mauritius: 2012 Article IV Consultation - Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Mauritius Release Date: March, 2012 Price: $18.00
	Mongolia: Second Post-Program Monitoring Discussions Release Date: March, 2012 Price: $18.00
	Philippines: Staff Report for the 2011 Article IV Consultation Release Date: March, 2012 Price: $18.00
	Philippines: Selected Issues Release Date: March, 2012 Price: $18.00
	Balance-Sheet Shocks and Recapitalizations Author/Editor: Damiano Sandri, Fabian Valencia. Release Date: March, 2012 Price: $18.00 We develop a dynamic stochastic general equilibrium model with financial frictions on both financial intermediaries and goods-producing firms. In this context, due to high leverage of financial more...
	Assessing DSGE Models with Capital Accumulation and Indeterminacy Author/Editor: Vadim Khramov. Release Date: March, 2012 Price: $18.00 The simulated results of this paper show that New Keynesian DSGE models with capital accumulation can generate substantial persistencies in the dynamics of the main economic variables, due to the more...
	Global Food Price Inflation and Policy Responses in Central Asia Author/Editor: A. J. Al-Eyd, David Amaglobeli, Bahrom Shukurov, Mariusz A. Sumlinski. Release Date: March, 2012 Price: $18.00 This paper examines the implications of elevated global food prices for inflation in select Central Asian economies - Kazakhstan, the Kyrgyz Republic, Tajikistan, and Uzbekistan. The findings suggest more...
	Commodity Prices and Inflation Expectations in the United States Author/Editor: Oya Celasun, Roxana Mihet, Lev Ratnovski. Release Date: March, 2012 Price: $18.00 U.S. monetary policy can remain extraordinarily accommodative only if longer-term inflation expectations stay well-anchored, including in response to commodity price shocks. We find that oil price more...
	Cambodia: Staff Report for the 2011 Article IV Consultation Release Date: February, 2012 Price: $18.00
	Republic of Fiji: 2011 Article IV Consultation Release Date: February, 2012 Price: $18.00
	Malaysia: Staff Report for the 2011 Article IV Consultation Release Date: February, 2012 Price: $18.00
	Namibia: Staff Report for the 2011 Article IV Consultation. Release Date: February, 2012 Price: $18.00
	Singapore: Staff Report for the 2011 Article IV Consultation Release Date: February, 2012 Price: $18.00
	Lebanon: 2011 Article IV Consultation - Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Lebanon Release Date: February, 2012 Price: $18.00
	Republic of Moldova: Fourth Reviews Under the Extended Arrangement and Under the Three-Year Arrangement Under the Extended Credit Facility, and Requests for Waiver for Nonobservance of a Performance Criterion and for Modification of a Performance Criterion - Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Moldova. Release Date: February, 2012 Price: $18.00
	Ghana: Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Modification of Performance Criteria-Staff Report; Staff Supplements; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Ghana. Release Date: February, 2012 Price: $18.00

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