| LDR | | 03597cam 2200673Ia 4500 |
| 001 | | 000000385411 |
| 005 | | 20180411151403 |
| 006 | | m o d |
| 007 | | cr cnu---unuuu |
| 008 | | 120717s2012 dcu ob i000 0 eng d |
| 019 | |
▼a 802661955
▼a 903204456 |
| 020 | |
▼a 9781475533330
▼q (electronic bk.) |
| 020 | |
▼a 1475533330
▼q (electronic bk.) |
| 029 | 1 |
▼a AU@
▼b 000049644213 |
| 029 | 1 |
▼a AU@
▼b 000052919085 |
| 029 | 1 |
▼a CHNEW
▼b 000692351 |
| 029 | 1 |
▼a CHNEW
▼b 000692354 |
| 029 | 1 |
▼a DEBBG
▼b BV041387298 |
| 035 | |
▼a (OCoLC)800095228
▼z (OCoLC)802661955
▼z (OCoLC)903204456 |
| 040 | |
▼a DJB
▼b eng
▼e pn
▼c DJB
▼d CUS
▼d OCLCQ
▼d E7B
▼d OCLCA
▼d EBLCP
▼d OCLCO
▼d OCLCQ
▼d N$T
▼d OCLCO
▼d YDXCP
▼d OCLCQ
▼d OCLCO
▼d CUS
▼d OCLCO
▼d AGLDB
▼d MERUC
▼d 247004 |
| 043 | |
▼a po-----
▼a poto--- |
| 050 | 4 |
▼a HG3881.5.I58
▼b W67 No. 12/176eb |
| 072 | 7 |
▼a BUS
▼x 027000
▼2 bisacsh |
| 082 | 04 |
▼a 332.152
▼2 23 |
| 100 | 1 |
▼a Peiris, Shanaka J.
▼q (Shanaka Jayanath),
▼d 1975-
▼e author. |
| 245 | 10 |
▼a Global commodity prices, monetary transmission, and exchange rate pass-through in the Pacific Islands/
▼c prepared by Shanaka J. Peiri and Ding Ding. |
| 260 | |
▼a [Washington, D.C.]:
▼b International Monetary Fund,
▼c ?012. |
| 300 | |
▼a 1 online resource (16 pages). |
| 336 | |
▼a text
▼b txt
▼2 rdacontent |
| 337 | |
▼a computer
▼b c
▼2 rdamedia |
| 338 | |
▼a online resource
▼b cr
▼2 rdacarrier |
| 490 | 1 |
▼a IMF working paper;
▼v WP/12/176 |
| 500 | |
▼a Title from PDF title page (IMF Web site, viewed Jul. 17, 2012). |
| 500 | |
▼a "Asia and Pacific Department." |
| 500 | |
▼a "July 2012." |
| 504 | |
▼a Includes bibliographical references. |
| 520 | |
▼a Pacific Islands countries are vulnerable to commodity price shocks, and this poses challenges to monetary policy. The high degree of exchange rate pass-through to headline inflation and the weak monetary transmission mechanism in PICs suggest a greater efficacy of exchange rate changes in affecting inflation rather than monetary policy. To assess the tradeoff between the use of the exchange rate and monetary policy in macroeconomic stabilization, we employ a model-based approach to examine the optimal policy in response to the historical distribution of exogenous shocks in a Pacific Island (Tonga). The empirical evidence and model simulations tilt in the favor of exchange rate policy given the close relationship between exchange rate changes and headline inflation and the low interest rate sensitivity of aggregate demand. |
| 588 | 0 |
▼a Print version record. |
| 590 | |
▼a eBooks on EBSCOhost
▼b All EBSCO eBooks |
| 650 | 0 |
▼a Prices
▼z Islands of the Pacific
▼x Econometric models. |
| 650 | 0 |
▼a Prices
▼z Tonga
▼x Econometric models. |
| 650 | 0 |
▼a Exchange rate pass-through
▼z Islands of the Pacific
▼x Econometric models. |
| 650 | 0 |
▼a Exchange rate pass-through
▼z Tonga
▼x Econometric models. |
| 650 | 0 |
▼a Monetary policy
▼z Islands of the Pacific
▼x Econometric models. |
| 650 | 0 |
▼a Monetary policy
▼z Tonga
▼x Econometric models. |
| 650 | 7 |
▼a BUSINESS & ECONOMICS
▼x Finance.
▼2 bisacsh |
| 655 | 4 |
▼a Electronic books. |
| 700 | 1 |
▼a Ding, Ding,
▼d 1958-
▼e author, |
| 710 | 2 |
▼a International Monetary Fund.
▼b Asia and Pacific Department. |
| 830 | 0 |
▼a IMF working paper ;
▼v WP/12/176. |
| 856 | 40 |
▼u http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=568156 |
| 938 | |
▼a EBL - Ebook Library
▼b EBLB
▼n EBL1606836 |
| 938 | |
▼a ebrary
▼b EBRY
▼n ebr10627076 |
| 938 | |
▼a EBSCOhost
▼b EBSC
▼n 568156 |
| 938 | |
▼a YBP Library Services
▼b YANK
▼n 10691534 |
| 938 | |
▼a YBP Library Services
▼b YANK
▼n 9927230 |
| 990 | |
▼a ***1012033 |
| 994 | |
▼a 92
▼b KRDHU |