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The Use and Abuse of Taylor Rules

The Use and Abuse of Taylor Rules »

Source: The Use and Abuse of Taylor Rules : How Precisely Can We Estimate Them?

Volume/Issue: 2005/148

Series: IMF Working Papers

Author(s): Robert Tchaidze , and Alina Carare

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2005

ISBN: 9781451861679

Keywords: central bank, Taylor rules, inflation, monetary policy rules, monetary economics,

This paper draws attention to inconsistencies in estimating simple monetary policy rules and their implications for policy advice. We simulate a macroeconomic model with a backward reaction function similar to Tayl...

Treasury Single Account

Treasury Single Account »

Source: Treasury Single Account : Concept, Design and Implementation Issues

Volume/Issue: 2010/143

Series: IMF Working Papers

Author(s): Israel Fainboim Yaker , and Sailendra Pattanayak

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2010

ISBN: 9781455201266

Keywords: treasury single account, TSA, banking arrangement, transaction processing, banking, payments, bank accounts, payment systems,

A treasury single account (TSA) is an essential tool for consolidating and managing governments' cash resources, thus minimizing borrowing costs. In countries with fragmented government banking arrangements, the es...

The Use and Abuse of Taylor Rules
			: How Precisely Can We Estimate Them?

The Use and Abuse of Taylor Rules : How Precisely Can We Estimate Them? »

Volume/Issue: 2005/148

Series: IMF Working Papers

Author(s): Robert Tchaidze , and Alina Carare

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2005

DOI: http://dx.doi.org/10.5089/9781451861679.001

ISBN: 9781451861679

Keywords: central bank, Taylor rules, inflation, monetary policy rules, monetary economics,

This paper draws attention to inconsistencies in estimating simple monetary policy rules and their implications for policy advice. We simulate a macroeconomic model with a backward reaction function similar to Tayl...

Treasury Single Account
			: Concept, Design and Implementation Issues

Treasury Single Account : Concept, Design and Implementation Issues »

Volume/Issue: 2010/143

Series: IMF Working Papers

Author(s): Israel Fainboim Yaker , and Sailendra Pattanayak

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2010

DOI: http://dx.doi.org/10.5089/9781455201266.001

ISBN: 9781455201266

Keywords: treasury single account, TSA, banking arrangement, transaction processing, banking, payments, bank accounts, payment systems,

A treasury single account (TSA) is an essential tool for consolidating and managing governments' cash resources, thus minimizing borrowing costs. In countries with fragmented government banking arrangements, the es...