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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...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Laxton, Douglas
Autor Corporativo: International Monetary Fund
Otros Autores: Berg, Andrew, Karam, Philippe D.
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

MARC

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100 1 |a Laxton, Douglas. 
245 1 2 |a A Practical Model-Based Approach to Monetary Policy Analysis :  |b Overview /  |c Laxton, Douglas. 
260 |a Washington, D.C. :  |b International Monetary Fund,  |c 2006. 
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490 1 |a IMF Working Papers,  |x 2227-8885 ;  |v Working Paper No. 06/80 
500 |a Available in PDF, ePUB, and Mobi formats on the Internet. 
520 3 |a 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. 
504 |a Includes bibliographical references (pages 39-43). 
505 0 |a Contents -- I. INTRODUCTION -- II. MONETARY POLICY ANALYSIS AT THE IMF -- III. MACROECONOMIC MODELING -- IV. BUILDING THE MODEL -- V. FORECASTING AND POLICY ANALYSIS46 -- VI. AN EXAMPLE -- VII. CAVEATS AND FUTURE WORK -- VIII. CONCLUSIONS -- REFERENCES 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Monetary policy. 
650 0 |a Economic forecasting. 
650 6 |a Politique monétaire. 
650 6 |a Prévision économique. 
650 7 |a Economic forecasting  |2 fast 
650 7 |a Monetary policy  |2 fast 
700 1 |a Laxton, Douglas. 
700 1 |a Berg, Andrew. 
700 1 |a Karam, Philippe D. 
710 2 |a International Monetary Fund. 
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830 0 |a IMF Working Papers ;  |v Working Paper no. 06/80. 
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