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1. |
Record Nr. |
UNINA9911149134303321 |
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Autore |
Gonçalves Fernando M |
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Titolo |
Accumulating Foreign Reserves Under Floating Exchange Rates / / Fernando M. Gonçalves |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2008 |
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ISBN |
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9786612840517 |
9781462366903 |
1462366902 |
9781452702674 |
1452702675 |
9781451869576 |
1451869576 |
9781282840515 |
1282840517 |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (43 p.) |
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Collana |
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IMF Working Papers |
IMF working paper ; ; WP/08/96 |
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Disciplina |
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Soggetti |
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Foreign exchange rates - Econometric models |
Bank reserves - Econometric models |
Monetary policy - Econometric models |
Banking |
Banks and Banking |
Currency |
Deflation |
Foreign exchange intervention |
Foreign exchange reserves |
Foreign Exchange |
Foreign exchange |
Inflation targeting |
Inflation |
Institutional arrangements for revenue administration |
Macroeconomics |
Monetary economics |
Monetary Policy |
Monetary policy |
Money and Monetary Policy |
Price Level |
Prices |
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Public finance & taxation |
Public Finance |
Reserves accumulation |
Revenue |
Taxation, Subsidies, and Revenue: General |
Central banks |
Revenue administration |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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Contents; 1. Introduction; 2. Theoretical Model: Basic Set-up; 3. Complete Information; 3.1. Centralization; 3.2. Institutional Arrangements in Practice; 3.3. Separation; 3.4. Centralization versus Separation; 4. Incomplete Information; 4.1. Stage 1: Centralization versus Separation; Figures; 1. Timetable; 4.2. Stage 0: Centralization versus Separation; 5. Comparative Analysis Under Incomplete Information; 5.1. Simulation of Stage 0 Parameters; 2. Simulation of Stage 0 Parameters; 5.2. The Trade-off Between Reserve Accumulation and Credibility Building; 5.3. Centralization versus Separation |
5.3.1. Macroeconomic Stability3. Macroeconomic Stability - Centralization versus Separation; 5.3.2. Reserve Targeting; 4. Reserve Targeting - Centralization versus Separation; 5.3.3. Discussion; 6. Concluding Remarks; References; Appendix; Proof of Proposition 1; Proof of Corollary 1 |
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Sommario/riassunto |
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Official accumulation of foreign reserves may be perceived as interventions to influence the exchange rate, undermining the credibility of floating exchange rates and inflation targets. This paper develops a theoretical framework to study the interaction between reserve accumulation and monetary policy. The model uncovers a trade-off between the speed of reserve accumulation and anti-inflationary credibility. Under reasonable assumptions, delegation of intervention and monetary policy decisions to separate government agencies allows faster reserve accumulation, while centralization of these decisions results in a more stable economy. The analysis underscores the importance of rather overlooked institutional features of policymaking in open economies. |
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2. |
Record Nr. |
UNINA9911147148003321 |
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Titolo |
Adverse impact : implications for organizational staffing and high stakes selection / / edited by James L. Outtz |
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Pubbl/distr/stampa |
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New York, : Routledge, 2010 |
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ISBN |
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1-136-94818-X |
1-282-29361-3 |
9786612293610 |
1-136-94819-8 |
0-203-84841-1 |
1-4416-2382-5 |
9780203848418 |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (564 p.) |
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Collana |
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Organizational frontiers series |
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Altri autori (Persone) |
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Disciplina |
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Soggetti |
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Employee selection |
Employment tests |
Personnel management |
Psychology, Industrial |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references and indexes. |
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Nota di contenuto |
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section 1. Background -- section 2. Theoretical perspectives -- section 3. Adverse impact and traditional selection theory -- section 4. Facts of the adverse impact problem -- section 5. Adverse impact from an international perspective -- section 6. Methods of reducing adverse impact. |
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Sommario/riassunto |
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This text is the best single repository for a comprehensive examination of the scientific research and practical issues associated with adverse impact. Adverse impact occurs when there is a significant difference in organizational outcomes to the disadvantage of one or more groups defined on the basis of demographic characteristics such as race, ethnicity, gender, age, religion, etc.This book shows, based on scientific research, how to design selection systems that minimize |
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subgroup differences. The primary object of this volume in the SIOP series is to bring together renowned expert |
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