01629cas a2200241 a 4500 AALejournalIMF002026 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451819236 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Iceland : Selected Issues. Washington, D.C. : International Monetary Fund, 2002. 1 online resource (18 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper reports on the technical aspects of the model-based inflation forecasts of the Central Bank of Iceland (CBI) and the monetary transmission mechanism in Iceland. The paper summarizes the structure and results of time series models employed by the CBI to forecast inflation and quantify lags in the transmission of monetary policy changes. The paper also briefly discusses recent inflation trends, including the IMF staff's estimate of the exchange rate pass-through. The paper presents some remarks on potential distortions in the financial market pass-through of monetary policy changes. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2002/129 Full text available on IMF http://elibrary.imf.org/view/journals/002/2002/129/002.2002.issue-129-en.xml IMF e-Library