The Morocco Policy Analysis Model: Theoretical Framework and Policy Scenarios - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Morocco Policy Analysis Model: Theoretical Framework and Policy Scenarios write by Aya Achour. This book was released on 2021-04-30. The Morocco Policy Analysis Model: Theoretical Framework and Policy Scenarios available in PDF, EPUB and Kindle. The Morocco Policy Analysis model (MOPAM) was created in the Bank Al-Maghrib to simulate the impact of external developments, domestic macroeconomic policies, and structural reforms on key macroeconomic aggregates. We describe its structure and demonstrate its operation on two medium-term scenarios: (1) fiscal consolidation to stabilize the debt-to-GDP ratio and (2) the effects of the COVID-19 shock, including the endogenous fiscal and monetary policy response.
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 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Morocco: A Practical Approach to Monetary Policy Analysis in a Country with Capital Controls write by Mokhtar Benlamine. This book was released on 2018-02-14. Morocco: A Practical Approach to Monetary Policy Analysis in a Country with Capital Controls available in PDF, EPUB and Kindle. 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-fledged inflation-targeting (IT) regime. At the center of the FPAS is a quarterly projection model that was tailored for two different types of exchange rate regimes. Presently, the fixed exchange rate model version is to be used during the pre-IT period, while the flexible exchange rate model version is to be used to prepare alternative scenarios for monetary policy decision makers to discuss the potential policy implications of shocks under an IT regime.
Morocco
Morocco - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Morocco write by . This book was released on 2018. Morocco available in PDF, EPUB and Kindle. 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-fledged inflation-targeting (IT) regime. At the center of the FPAS is a quarterly projection model that was tailored for two different types of exchange rate regimes. Presently, the fixed exchange rate model version is to be used during the pre-IT period, while the flexible exchange rate model version is to be used to prepare alternative scenarios for monetary policy decision makers to discuss the potential policy implications of shocks under an IT regime.
Theory and Practice in Policy Analysis
Theory and Practice in Policy Analysis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Theory and Practice in Policy Analysis write by M. Granger Morgan. This book was released on 2017-10-12. Theory and Practice in Policy Analysis available in PDF, EPUB and Kindle. Many books instruct readers on how to use the tools of policy analysis. This book is different. Its primary focus is on helping readers to look critically at the strengths, limitations, and the underlying assumptions analysts make when they use standard tools or problem framings. Using examples, many of which involve issues in science and technology, the book exposes readers to some of the critical issues of taste, professional responsibility, ethics, and values that are associated with policy analysis and research. Topics covered include policy problems formulated in terms of utility maximization such as benefit-cost, decision, and multi-attribute analysis, issues in the valuation of intangibles, uncertainty in policy analysis, selected topics in risk analysis and communication, limitations and alternatives to the paradigm of utility maximization, issues in behavioral decision theory, issues related to organizations and multiple agents, and selected topics in policy advice and policy analysis for government.
Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries
Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries write by International Monetary Fund. This book was released on 2015-10-23. Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries available in PDF, EPUB and Kindle. Over the past two decades, many low- and lower-middle income countries (LLMICs) have improved control over fiscal policy, liberalized and deepened financial markets, and stabilized inflation at moderate levels. Monetary policy frameworks that have helped achieve these ends are being challenged by continued financial development and increased exposure to global capital markets. Many policymakers aspire to move beyond the basics of stability to implement monetary policy frameworks that better anchor inflation and promote macroeconomic stability and growth. Many of these LLMICs are thus considering and implementing improvements to their monetary policy frameworks. The recent successes of some LLMICs and the experiences of emerging and advanced economies, both early in their policy modernization process and following the global financial crisis, are valuable in identifying desirable features of such frameworks. This paper draws on those lessons to provide guidance on key elements of effective monetary policy frameworks for LLMICs.
