Research

ECB Monthly Bulletin, July 2002

REPORT - The European Central Bank published its July 2002 Monthly Bulletin on 11 July. The ECB reiterated its current wait-and-see stance on interest rates, saying inflation remained a concern but mixed signals about the state of the euro zone economy…

Research paper from the HKMA

RESEARCH - Research papers on economic and financial subjects prepared by staff members in the Research Department of the HKMA. "Price Convergence between Hong Kong and the Mainland" by Jiming Ha and Kelvin Fan, June 2002, published 11 July 2002.

IMF Working Paper No. 02/ 102

WORKING PAPER - Establishing Initial Conditions in Support of Inflation Targeting, Author/Editor: Alina Carare, Andrea Schaechter, Mark R Stone, Mark D Zelmer, Monetary and Exchange Affairs Department, June 2002.

IMF Working Paper

RESEARCH - On the Origins of the Fleming-Mundell Model, Working Paper by James M. Boughton, Policy Development and Review Department, June 2002.

ECB Working Paper Series, No 154

WORKING PAPER - The Euro bloc, the Dollar bloc and the Yen bloc: how much monetary policy independence can exchange rate flexibility buy in an interdependent world?, by Marcel Fratzscher, June 2002.

Central Bank of Ireland, Summer 2002 Bulletin

REPORT - The Central Bank of Ireland published on Friday its Quarterly Bulletin for Summer 2002. The report highlights that economic activity in Ireland seems to have picked up modestly from its nadir in the third quarter of last year.

IMF Working Paper No. 02/101

RESEARCH - 'Structural Balances and All That: Which Indicators to Use in Assessing Fiscal Policy' by Nigel Chalk, Fiscal Affairs Department, examines structural indicators of a country's fiscal position and evalutes their usefulness in measuring the size…

ECB Working Paper No. 155

RESEARCH - ECB Working Paper 'Youth unemployment in the OECD: demographic shifts, labour market institutions, and macroeconomic shocks' by Juan F. Jimeno and Diego Rodriguez-Palenzuela, June 2002. It gauges the relevance of the relative size of…

The slowdown of HK dollar broad money growth

RESEARCH - The Hong Kong Monetary Authority has published research on 'The Slowdown of Hong Kong Dollar Broad Money Growth' by Kitty Lai and Joanna, Yen Ling Shi. It examines the factors leading to the slowdown of broad money growth from about 5% in…

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