Autore	Tokuoka Kiichi
Pubbl/distr/stampa	Washington, D.C. : , : International Monetary Fund, , 2009
Descrizione fisica	1 online resource (42 p.)
Altri autori (Persone)	SyedMurtaza KangKenneth
Collana	IMF Working Papers
Soggetto topico	Financial crises - Japan Accounting Banks and Banking Finance: General Money and Monetary Policy Public Finance Banks Depository Institutions Micro Finance Institutions Mortgages Public Administration Public Sector Accounting and Audits Monetary Policy, Central Banking, and the Supply of Money and Credit: General General Financial Markets: Government Policy and Regulation Debt Debt Management Sovereign Debt Banking Financial reporting, financial statements Monetary economics Finance Public finance & taxation Financial statements Credit Distressed assets Public debt Banks and banking Finance, Public Debts, Public
ISBN	1-4623-7593-6 1-4527-5913-8 1-282-84469-5 9786612844690 1-4518-7427-8
Formato	Materiale a stampa
Livello bibliografico	Monografia
Lingua di pubblicazione	eng
Nota di contenuto	Contents; I. Introduction; II. Japan's Lost Decade: From Green Shoots to Enduring Recovery; A. Background: The Three Phases of Japan's Crisis; Phase 1: 1990-97-Crisis Outbreak and Fragile Recovery; Phase 2: 1997-2000-Systemic Stress and Second Recovery Attempt; Phase 3: 2001-03-Renewed Systemic Stress Followed by Sustained Recovery; B. Revisiting Japan's Policy Responses; The Primacy of Financial and Corporate Interventions; Re-assessing the Effectiveness of Fiscal Stimulus; The Supportive Role of Credit Easing; The Art of Disengagement: Exit Strategies and Long-Term Impacts III. Potential Implications for Today: Recovery from the Great RecessionA. The Outlook for the Global Recovery: Views from the Lost Decade; B. The Role for Global Policies: From Stimulus to Exit; IV. Conclusion; Appendix. A Chronology of Japan's Key Policy Actions; References
Record Nr.	UNINA-9910788712903321

Autore	Tokuoka Kiichi
Edizione	[1st ed.]
Pubbl/distr/stampa	Washington, D.C. : , : International Monetary Fund, , 2009
Descrizione fisica	1 online resource (42 p.)
Disciplina	332.63;332.63222
Altri autori (Persone)	SyedMurtaza KangKenneth
Collana	IMF Working Papers
Soggetto topico	Financial crises - Japan Accounting Banks and Banking Finance: General Money and Monetary Policy Public Finance Banks Depository Institutions Micro Finance Institutions Mortgages Public Administration Public Sector Accounting and Audits Monetary Policy, Central Banking, and the Supply of Money and Credit: General General Financial Markets: Government Policy and Regulation Debt Debt Management Sovereign Debt Banking Financial reporting, financial statements Monetary economics Finance Public finance & taxation Financial statements Credit Distressed assets Public debt Banks and banking Finance, Public Debts, Public
ISBN	1-4623-7593-6 1-4527-5913-8 1-282-84469-5 9786612844690 1-4518-7427-8
Formato	Materiale a stampa
Livello bibliografico	Monografia
Lingua di pubblicazione	eng
Nota di contenuto	Contents; I. Introduction; II. Japan's Lost Decade: From Green Shoots to Enduring Recovery; A. Background: The Three Phases of Japan's Crisis; Phase 1: 1990-97-Crisis Outbreak and Fragile Recovery; Phase 2: 1997-2000-Systemic Stress and Second Recovery Attempt; Phase 3: 2001-03-Renewed Systemic Stress Followed by Sustained Recovery; B. Revisiting Japan's Policy Responses; The Primacy of Financial and Corporate Interventions; Re-assessing the Effectiveness of Fiscal Stimulus; The Supportive Role of Credit Easing; The Art of Disengagement: Exit Strategies and Long-Term Impacts III. Potential Implications for Today: Recovery from the Great RecessionA. The Outlook for the Global Recovery: Views from the Lost Decade; B. The Role for Global Policies: From Stimulus to Exit; IV. Conclusion; Appendix. A Chronology of Japan's Key Policy Actions; References
Record Nr.	UNINA-9910815611703321

Autore	Levine Paul
Pubbl/distr/stampa	Washington, D.C. : , : International Monetary Fund, , 2009
Descrizione fisica	1 online resource (80 p.)
Altri autori (Persone)	PearlmanJoseph BatiniNicoletta
Collana	IMF Working Papers
Soggetto topico	Monetary policy - Developing countries Fiscal policy - Developing countries Banks and Banking Macroeconomics Money and Monetary Policy Public Finance Fiscal Policy Macroeconomics: Consumption Saving Wealth Interest Rates: Determination, Term Structure, and Effects Monetary Systems Standards Regimes Government and the Monetary System Payment Systems Finance Monetary economics Consumption Fiscal policy Fiscal rules Zero lower bound Currencies Economics Interest rates Money
ISBN	1-4623-0936-4 1-4527-1173-9 1-4518-7169-4 1-282-84244-7 9786612842443
Formato	Materiale a stampa
Livello bibliografico	Monografia
Lingua di pubblicazione	eng
Nota di contenuto	Contents; I. Introduction; II. The Model; A. Households; B. Firms; C. The Government Budget Constraint and Foreign Asset Accumulation; D. The Equilibrium; E. Specialization of the Household's Utility Function; F. State Space Representation; G. The Small Open Economy; H. Calibration; III. Monetary Policy Interest Rate Rules; IV. Fiscal Rules; A. A Conventional Fiscal Rule; B. The Structural Fiscal Surplus Rule; V. Imposing the Nominal Interest Rate Zero Lower Bound; VI. Optimal Monetary and Fiscal Policy with Financial Frictions; A. Imposing the ZLB; Figures; 1. Imposition of ZLB: Model I 2. Imposition of ZLB: Model IIIB. Welfare Decomposition; C. Impulse Responses; 3. Impulse Responses to a-1 Percent Technology Shock. Models I, II, and III; VII. The Performance of Optimized Simple Rules; 4. Imposition of ZLB: Flex(D)+Conventional Fiscal Rule, Model I; 5. Imposition of ZLB: Flex(D)+Conventional Fiscal Rule: Model III; VIII. Conclusions; Tables; 1. Notation for Prices; 2. Welfare Outcomes Under Optimal Policy: No ZLB Constraint; 3. Optimal Policy with a ZLB Constraint: Monetary Policy Only for Model I 4. Optimal Commitment with a ZLB Constraint. Monetary Plus Fiscal Policy for Model I5. Welfare Outcomes Under Optimal Policy: ZLB Constraint; 6. Welfare Decomposition of Shocks; 7. Welfare Outcomes Under Optimized Simple Rules: FLEX (D) with a Conventional Fiscal Rule. Models I, II and III; 8. Welfare Outcomes Under Optimized Simple Rules: FIX with a Conventional Fiscal Rule. Models I, II and III; 9. Welfare Outcomes Under Optimized Simple Rules: FLEX(C) with a Conventional Fiscal Rule. Models I, II and III 10. Welfare Outcomes Under Optimized Simple Rules: FLEX(D) with a Modified SFSR. Models I, II and IIIAppendixes; 1. The Steady State; 2. Linearization; 3. Calibration and Estimation; 4. Quadratic Approximation of the Welfare Loss
Record Nr.	UNINA-9910788349003321

Autore	Batini Nicoletta
Pubbl/distr/stampa	Washington, D.C. : , : International Monetary Fund, , 2009
Descrizione fisica	1 online resource (34 p.)
Altri autori (Persone)	TereanuEugen
Collana	IMF Working Papers
Soggetto topico	Petroleum products - Prices Inflation (Finance) Banks and Banking Investments: Energy Inflation Macroeconomics Money and Monetary Policy Price Level Deflation Energy: Demand and Supply Prices Energy: General Monetary Policy Banks Depository Institutions Micro Finance Institutions Mortgages Investment & securities Monetary economics Banking Oil prices Oil Inflation targeting Petroleum industry and trade Monetary policy Banks and banking
ISBN	1-4623-9512-0 1-4527-1778-8 9786612843167 1-4518-7248-8 1-282-84316-8
Formato	Materiale a stampa
Livello bibliografico	Monografia
Lingua di pubblicazione	eng
Nota di contenuto	Contents; I. Introduction; Tables; 1. Oil Price Developments; II. Relevant Literature; III. Methodology, Data and Calibration; IV. Optimal Policy Responses and Optimal Horizons to a 2000s-Type Supply Shock; A. Optimal Policy Responses under a 2000s-Type Oil Shock; 2. Welfare Statistics-Various Oil Regimes; B. Optimal Horizons for a 2000s-Type Oil Shock; 3. Optimal Policy Horizons Under Alternative Oil Regimes; 4. Optimal Policy Horizons Under Alternative Oil Regimes (α = 0.3); V. Optimal Rules Under Imperfect Credibility; 5. Optimal Feedback Horizons Under Alternative Oil Regimes VI. Bracing for Future ShocksVII. Concluding Remarks and Policy Implimentations; 6. Optimized Feedback Coefficients Under Three Alternative Future Oil Scenarios; References
Record Nr.	UNINA-9910788348703321