Volume/Issue: 2016/2
Series: IMF Working Papers
Author(s):
Rahul Anand
,
Naresh Kumar
, and
Volodymyr Tulin
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
05
January
2016
DOI: http://dx.doi.org/10.5089/9781513581347.001
ISBN: 9781513581347
Over the past decade, India has seen a prolonged period of high inflation, to a large extent
driven by persistently-high food inflation. This paper investigates the demand and supply
factors behind the contribution...
Volume/Issue: 2014/70
Series: IMF Working Papers
Author(s):
Rakesh Mohan
, and
Muneesh Kapur
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
29
April
2014
DOI: http://dx.doi.org/10.5089/9781484362518.001
ISBN: 9781484362518
The unconventional monetary policies (UMPs) pursued by the advanced economies (AEs) have posed macroeconomic challenges for the emerging market economies (EMEs) through volatile capital flows and exchange rates. AE...
Volume/Issue: 2014/57
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Asia and Pacific Dept
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
20
February
2014
DOI: http://dx.doi.org/10.5089/9781484308257.002
ISBN: 9781484308257
This 2014 Article IV consultation highlights an expected slowdown of growth in India, to 4.6 percent this fiscal year, the lowest in a decade, reflecting global developments and domestic supply constraints. Headlin...
Volume/Issue: 2013/99
Series: IMF Working Papers
Author(s):
Aideen Morahan
, and
Christian Mulder
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
08
May
2013
DOI: http://dx.doi.org/10.5089/9781484308486.001
ISBN: 9781484308486
This paper reports in detail on a survey that was circulated to reserve managing central banks of IMF member countries in April 2012. The survey aims to gain further insight into how reserve managers have reacted t...
Volume/Issue: 2012/147
Series: IMF Working Papers
Author(s):
James Walsh
, and
Jiangyan Yu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2012
DOI: http://dx.doi.org/10.5089/9781475504163.001
ISBN: 9781475504163
There is an extensive literature noting that high inflation can add to income inequality, and a parallel literature assessing the effect of rising food prices on the poor. This paper attempts to combine these stran...
Volume/Issue: 2012/118
Series: IMF Working Papers
Author(s):
Muneesh Kapur
, and
Michael Patra
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
May
2012
DOI: http://dx.doi.org/10.5089/9781475503470.001
ISBN: 9781475503470
This paper empirically evaluates the operational performance of the McCallum rule, the Taylor rule and hybrid rules in India over the period 1996-2011 using quarterly data, with a view to analytically informing the...
Volume/Issue: 2011/294
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
27
September
2011
DOI: http://dx.doi.org/10.5089/9781463904852.002
ISBN: 9781463904852
The reports highlights that, even though the Russian economy has started reviving from the crisis, growth has been moderate and inflation high. Executive Directors have advised that the focus should be on reducing...
Volume/Issue: 2010/200
Series: IMF Working Papers
Author(s):
Rahul Anand
, and
Eswar Prasad
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
September
2010
DOI: http://dx.doi.org/10.5089/9781455205301.001
ISBN: 9781455205301
In models with complete markets, targeting core inflation enables monetary policy to maximize welfare by replicating the flexible price equilibrium. We develop a two-sector two-good new-Keynesian model to study the...
Volume/Issue: 2010/148
Series: IMF Working Papers
Author(s):
Patrick Imam
, and
Rainer Koehler
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
June
2010
DOI: http://dx.doi.org/10.5089/9781455201310.001
ISBN: 9781455201310
After reviewing the economic reform strategy of Mauritius for the past 10 years in the face of several external shocks, we apply a balance sheet analysis (BSA) focusing on currency, maturity, and intersectoral mism...
Volume/Issue: 2008/174
Series: IMF Working Papers
Author(s):
Zsófia Árvai
, and
Geoffrey Heenan
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
July
2008
DOI: http://dx.doi.org/10.5089/9781451870329.001
ISBN: 9781451870329
This paper consolidates previous work on the development of secondary markets for government securities, and focuses on the sequencing of measures necessary for their development. Six main lessons are identified: (...