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Inflation targeting (IT) serves as monetary policy framework in several advanced economies, where it has enhanced policy transparency and accountabili...
The paper examines the implementation of macro-prudential policy. Given the coordination, flow of information, analysis, and communication required, m...
This paper develops a constant, data-coherent, error correction model for broad money demand (M3) in Greece. The model contributes to a better underst...
The paper investigates the international integration of EM sovereign dollar-denominated and local-currency bond markets. Factor analysis is used to ex...
Hedge funds are collective investment vehicles, often organized as private partnerships and resident offshore for tax and regulatory purposes. Their l...
The paper provides an overview of the profound and rapid changes in banking brought about by technology and deregulation, and discusses the hurdles th...
The paper makes an assessment of the progress made in developing local debt markets in emerging Asia. Market development has been limited by hurdles c...