Cargando…
A Practical Model-Based Approach to Monetary Policy Analysis : Overview /
This paper motivates and describes an approach to forecasting and monetary policy analysis based on the use of a simple structural macroeconomic model, along the lines of those in use in a number of central banks. It contrasts this approach with financial programming and its emphasis on monetary agg...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Autor Corporativo: | |
| Otros Autores: | , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
2006.
|
| Colección: | IMF Working Papers ;
Working Paper no. 06/80. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | This paper motivates and describes an approach to forecasting and monetary policy analysis based on the use of a simple structural macroeconomic model, along the lines of those in use in a number of central banks. It contrasts this approach with financial programming and its emphasis on monetary aggregates, as well as with more econometrically driven analyses. It presents illustrative results from an application to Canada. A companion paper provides a more detailed how-to guide and introduces a set of tools designed to facilitate this approach. |
|---|---|
| Notas: | Available in PDF, ePUB, and Mobi formats on the Internet. |
| Descripción Física: | 1 online resource (45 pages) |
| Bibliografía: | Includes bibliographical references (pages 39-43). |
| ISBN: | 145190875X 9781451908756 |
| ISSN: | 2227-8885 ; |