Author: Publisher:
ISBN:
Category : Switzerland
Languages : en
Pages : 80
Book Description
Switzerland, Selected Issues and Statistical Appendix
Author: Switzerland, Selected Issues and Statistical Appendix
Author: Switzerland: Selected Issues and Statistical Appendix
Author: Albert JägerSwitzerland
Author: International Monetary FundPublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 106
Book Description
New Zealand, Selected Issues and Statistical Appendix
Author: Austria, Selected Issues and Statistical Appendix
Author: Swaziland, Selected Issues and Statistical Appendix
Author: Australia, Selected Issues and Statistical Appendix
Author: A New Taxonomy of Monetary Regimes
Author: Mr.Ashok BhundiaPublisher: International Monetary Fund
ISBN: 1451859740
Category : Business & Economics
Languages : en
Pages : 45
Book Description
This paper proposes a new taxonomy of monetary regimes defined by the choice and clarity of the nominal anchor. The regimes are as follows: (i) monetary nonautonomy, (ii) weak anchor, (iii) money anchor, (iv) exchange rate peg, (v) full-fledged inflation targeting, (vi) implicit price stability anchor, and (vii) inflation targeting lite. This taxonomy captures the commitment-discretion tradeoffs that lie at the heart of choosing a monetary regime. During the last 15 years the world has moved toward monetary regimes with less discretion. Empirical analysis suggests that country regime choices reflect the level of financial and economic development and recent inflation history.
Switzerland
Author: International Monetary FundPublisher: International Monetary Fund
ISBN: 1451807147
Category : Business & Economics
Languages : en
Pages : 101
Book Description
This Selected Issues paper and Statistical Appendix assesses Switzerland’s recent real GDP performance in terms of underlying movements in potential output and the cyclical output gap. The paper highlights that Swiss real GDP has been stagnant since 1990, after expanding at an average rate of some 13⁄4 percent during 1977–90. The evidence presented indicates that potential output growth during 1991–95 was significantly below historical average. This paper also tries to assess the possible effects of stage 3 of European Monetary Union on Switzerland.