Documents et rapports
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Resolving Puzzles of Monetary Policy Transmission in Emerging Markets (anglais)
Conventional empirical models of monetary policy transmission in emerging market economies produce puzzling results: monetary tightening often leads to an increase in prices (the price puzzle) and depreciation...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS10974 Date du document: 14 novembre 2024 Mode de publication: Disclosed Auteur: Jongrim Ha,Dohan Kim,Ayhan Kose,Prasad,Eswar S.
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Rate Cycles (anglais)
This paper analyzes cycles in policy interest rates in 24 advanced economies over 1970–2024, combining a new application of business cycle methodology with rich time-series decompositions of the shocks...
Type de document: Document de travail de recherche sur les politiques Numéro du rapport: WPS10876 Date du document: 20 août 2024 Mode de publication: Disclosed Auteur: Forbes,Kristin,Jongrim Ha,Ayhan Kose
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Remittances over the Business Cycle : Theory and Evidence (anglais)
This paper examines the behavior of remittances over the business cycle and their potential to act as a stabilizer during periods of high business cycle volatility. Four main findings are reported. First...
Type de document: Document de travail Numéro du rapport: 193245 Date du document: 1 mars 2016 Mode de publication: Disclosed Auteur: De, Supriyo,Ergys Islamaj,Ayhan Kose,Yousefi, S. Reza