Romania : Selected Issues

1ROMEA2007002 Image
Price:  $18.00

Release Date: © June, 2007
ISBN : 978-1-45183-288-4
Stock #: 1ROMEA2007002
English
Stock Status: On back-order

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Description

This Selected Issues paper discusses Romania’s modeling monetary policy. A simple Forecasting and Policy Analysis System (FPAS) for Romania has been designed to help in the preparation of the IMF staff’s forecasts and policy assessments. A major advantage of this approach is that it allows the systematic and rapid analysis of different policy options. The model embodies the key principle that, in an inflation-targeting framework, the role of monetary policy is to provide an anchor for inflation and inflation expectations. The development and calibration of this model is an ongoing process.

Taxonomy

Economic policy , Economic sectors , Labor market , Monetary policy , Pensions , Population , Public sector , Social policy , Wages




More publications in this series: IMF Staff Country Reports