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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
Tabla de Contenidos:
  • 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