Mongolia: Selected Issues and Statistical Appendix

January 31, 2007

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Format: Chicago

Mongolia: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2007) accessed November 23, 2024

Summary

This Selected Issues paper analyzes the main determinants of inflation in Mongolia using empirical tests based on a structural model approach and vector autoregression model, with a view to assessing whether inflation is predominantly affected by commodity prices or by money supply developments. Simulation and impulse response analyses are used to estimate components of the inflation dynamics under various exogenous shocks. The paper also addresses the mineral wealth management issues faced by Mongolia, and describes the mining sector and its envisaged development over the medium term.

Subject: Commodities, Environment, Exchange rates, Foreign exchange, Gold, Inflation, Monetary base, Money, Non-renewable resources, Prices

Keywords: Africa, BOM rate, BOM's intervention, Broad money, CR, End-of-period consumer price index, Exchange rate, Exchange rates, Gold, Gold operation, Inflation, ISCR, Midpoint rate, Monetary base, Non-renewable resources

Publication Details

Pages:

95
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/039
Stock No:

1MNGEA2007002
ISBN:

9781451826937
ISSN:

1934-7685

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