01890cas a2200277 a 4500 AALejournalIMF018261 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484341810 1018-5941 BD-DhAAL BD-DhAAL Benlamine, Mokhtar. Morocco : A Practical Approach to Monetary Policy Analysis in a Country with Capital Controls / Mokhtar Benlamine, Ales Bulir, Meryem Farouki, agnes Horvath. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (29 pages) IMF Working Papers <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 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. Mode of access: Internet Bulir, Ales. Farouki, Meryem. Horvath, agnes. IMF Working Papers; Working Paper ; No. 2018/027 Full text available on IMF http://elibrary.imf.org/view/journals/001/2018/027/001.2018.issue-027-en.xml IMF e-Library