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Morocco: A Practical Approach to Monetary Policy Analysis in a Country with Capital Controls

Morocco: A Practical Approach to Monetary Policy Analysis in a Country with Capital Controls »

Volume/Issue: 2018/27

Series: IMF Working Papers

Author(s): Mokhtar Benlamine , Ales Bulir , Meryem Farouki , Ágnes Horváth , Faical Hossaini , Hasnae El Idrissi , Zineb Iraoui , Mihály Kovács , Douglas Laxton , Anass Maaroufi , Katalin Szilágyi , Mohamed Taamouti , and David Vávra

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 February 2018

DOI: http://dx.doi.org/10.5089/9781484341810.001

ISBN: 9781484341810

Keywords: Middle East, Monetary policy, Morocco, forecasting and simulation, model construction, Monetary Policy (Targets, Instruments, and Effects), Model Construction and Estimation

The Central Bank of Morocco has been working on developing a Forecasting and Policy Analysis System (FPAS) to support a gradual move toward a more flexible exchange rate regime and the eventual adoption of a full-f...

Remittances Channel and Fiscal Impact in the Middle East, North Africa, and  Central Asia

Remittances Channel and Fiscal Impact in the Middle East, North Africa, and Central Asia »

Volume/Issue: 2012/104

Series: IMF Working Papers

Author(s): Yasser Abdih , Ralph Chami , Christian Ebeke , and Adolfo Barajas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2012

DOI: http://dx.doi.org/10.5089/9781475502947.001

ISBN: 9781475502947

Keywords: Instrumental variables, Panel data, remittance, tax revenue, fiscal impact, Macroeconomics: Consumption, Saving, Production, Employment, and Investment: General (includes Measurement and Data)

This paper identifies a remittances channel that transmits exogenous shocks, such as business cycles in remittance-sending countries, to the public finances of remittance-receiving countries. Using panel data for r...

Morocco: A Practical Approach to Monetary Policy Analysis in a Country with Capital Controls

Morocco: A Practical Approach to Monetary Policy Analysis in a Country with Capital Controls »

Source: Morocco: A Practical Approach to Monetary Policy Analysis in a Country with Capital Controls

Volume/Issue: 2018/27

Series: IMF Working Papers

Author(s): Mokhtar Benlamine , Ales Bulir , Meryem Farouki , Ágnes Horváth , Faical Hossaini , Hasnae El Idrissi , Zineb Iraoui , Mihály Kovács , Douglas Laxton , Anass Maaroufi , Katalin Szilágyi , Mohamed Taamouti , and David Vávra

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 February 2018

ISBN: 9781484341810

Keywords: Middle East, Monetary policy, Morocco, forecasting and simulation, model construction, Monetary Policy (Targets, Instruments, and Effects), Model Construction and Estimation

The Central Bank of Morocco has been working on developing a Forecasting and Policy Analysis System (FPAS) to support a gradual move toward a more flexible exchange rate regime and the eventual adoption of a full-f...

Remittances Channel and Fiscal Impact in the Middle East, North Africa, and  Central Asia

Remittances Channel and Fiscal Impact in the Middle East, North Africa, and Central Asia »

Source: Remittances Channel and Fiscal Impact in the Middle East, North Africa, and Central Asia

Volume/Issue: 2012/104

Series: IMF Working Papers

Author(s): Yasser Abdih , Ralph Chami , Christian Ebeke , and Adolfo Barajas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2012

ISBN: 9781475502947

Keywords: Instrumental variables, Panel data, remittance, tax revenue, fiscal impact, Macroeconomics: Consumption, Saving, Production, Employment, and Investment: General (includes Measurement and Data)

This paper identifies a remittances channel that transmits exogenous shocks, such as business cycles in remittance-sending countries, to the public finances of remittance-receiving countries. Using panel data for r...