Republic of Mozambique: Technical Assistance Report-Inflation Targeting and Model-based Monetary Policy Analysis

International Monetary Fund

No 2021/091, IMF Staff Country Reports from International Monetary Fund

Abstract: The purpose of the mission was to improve the understanding of the conduct of monetary policy in an inflation targeting (IT) central bank. During the September visit, the mission provided capacity building through daily morning seminars, giving an introduction to modern theory of monetary policy in small-open economies, and by performing monetary policy analyses based on BM’s quarterly projection model (QPM) in the afternoons.

Keywords: MODEL-BASED monetary policy analysis; modernization program; forecasting team; f ramework; QPM model; monetary policy in an inflation targeting; Monetary policy frameworks; Inflation targeting; Nominal effective exchange rate; Exchange rates; Inflation; Africa; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 16
Date: 2021-05-14
New Economics Papers: this item is included in nep-mac
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