LEADER 03198nam  2200577Ia 450 
001 9910809765303321
005 20200520144314.0
010   $a1-4623-5980-9
010   $a1-4519-9331-5
010   $a1-282-84363-X
010   $a9786612843631
010   $a1-4518-7296-8
035   $a(CKB)3390000000010666
035   $a(EBL)1605921
035   $a(OCoLC)712987760
035   $a(IMF)WPIEE2009149
035   $a(MiAaPQ)EBC1605921
035   $a(EXLCZ)993390000000010666
100   $a20100916d2009      uf         0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt$2rdacontent
182   $cc$2rdamedia
183   $acr$2rdacarrier
200 10$aRequirements for using interest rates as an operating target for monetary policy $ethe case of Tunisia /$fprepared by Alexandre Chailloux, Alain Durre, and Bernard J. Laurens
205   $a1st ed.
210   $a[Washington, D.C.] $cInternational Monetary Fund,Monetary and Capital Markets Dept.$dc2009
215   $a1 online resource (47 p.)
225 1 $aIMF working paper ;$vWP/09/149
300   $a"July 2009."
320   $aIncludes bibliographical references.
327   $aContents; I. Introduction; Boxes; 1. Objectives of the 11th Economic Plan; II. Overview of Tunisia's Program of Economic Reforms; A. Financial Sector Reforms; B. External Sector and Policies; 2. Summary of Exchange Arrangements; C. Monetary Policy Framework; III. Using Interest Rates as the Operating Target: Money Market Deepening; A. Interbank Money Market and Liquidity Management in Tunisia; Figures; 1. Key Monetary Indicators; B. Monetary Management: Assessment and Way Forward; 3. Monetary Policy Instruments; C. Money Market Deepening
327   $a1. Estimates of an Interest Rate Reaction FunctionB. Strengthening Compliance with the Building Blocks of Inflation Targeting; 2. Compliance with the Building Blocks of an IT Framework; VI. Concluding Remarks; Appendices; I. Tunisia: Monetary Targeting Framework; II. Inflation Targeting in Emerging Economies; Appendix Tables; 3. Tunisia: Reforms in the Monetary, Financial and External; 4. Detailed Compliance with the Building Blocks; 5. Unit Root Tests; References
330 3 $aThis paper discusses the use of interest rates as the operating target for monetary policy in Tunisia and the roadmap for establishing the other building blocks of an inflation targeting framework. It argues that strengthening the effectiveness of the current monetary policy framework will facilitate the adoption of inflation targeting over time.
410  0$aIMF working paper ;$vWP/09/149.
606   $aMonetary policy
606   $aInterest rates
615  0$aMonetary policy.
615  0$aInterest rates.
676   $a332.152
700   $aChailloux$b Alexandre$01599077
701   $aDurre$b Alain$01599075
701   $aLaurens$b Bernard$01599076
712 02$aInternational Monetary Fund.$bMonetary and Capital Markets Dept.
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910809765303321
996   $aRequirements for Using Interest Rates As An Operating Target for Monetary Policy$93921630
997   $aUNINA