1.

Record Nr.

UNINA9910464010803321

Autore

Canales-Kriljenko Jorge Ivaán

Titolo

Adding Latin America to the global projection model [[electronic resource] /] / prepared by Jorge Canales Kriljenko ... [et. al.]

Pubbl/distr/stampa

[Washington D.C.], : International Monetary Fund, 2009

ISBN

1-4623-3357-5

1-4527-5410-1

1-4518-7232-1

1-282-84305-2

9786612843051

Descrizione fisica

1 online resource (50 p.)

Collana

IMF working paper ; ; WP/09/85

Soggetti

Globalization - Economic aspects - Latin America

Econometrics

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Contents; I. Introduction; II. Benchmark Model; A. Background; B. The Specification of the Model; B.1 Observable variables and data definitions; B.2 Stochastic processes and model definitions; B.3 Behavioral equations; B.4 Cross correlations of disturbances; III. Extending the Model to Include Financial-Real Linkages; A. Background; B. Model Specification Incorporating the US Bank Lending Tightening Variable; IV. Confronting the Model with the Data; A. Bayesian Estimation; B. Results; B.1 Estimates of output gap; B.2 Estimates of coefficients

B.3 Estimates of standard deviation of structural shocks and cross correlationsB.4 RMSEs; B.5 Impulse response functions; B.6 Historical variance decomposition; V. Concluding Remarks; References; Appendix Tables; 1. GPM Data Definitions; 2. Trade Matrix (Average 2001-2007, in percent); Figures; 1. Output Gap in LA5; Text Tables; 1. Results from Posterior Maximization; 2. Estimated Parameters in the Output Gap Equation; 3. Estimated Parameters in the Inflation Equation; 4. Estimated Parameters in the Monetary Policy Rule



2. Results from Posterior Parameters (Standard Deviation of Structural Shocks)3. Results from Posterior Parameters (Correlation of Structural Shocks); 4. Root Mean Squared Errors; 5. Domestic Demand Shock; 6. Domestic Price Shock; 7. Demand Shock in the US; 8. BLT Shock in the US; 9. Historical Decomposition of Inflation 2004-08

Sommario/riassunto

This is the fourth of a series of papers that are being written as part of a larger project to estimate a small quarterly Global Projection Model (GPM). The GPM project is designed to improve the toolkit to which economists have access for studying both own-country and cross-country linkages. In this paper, we add Latin American economies to a previously estimated small quarterly projection model of the US, Euro Area, and Japanese economies. The model is estimated with Bayesian techniques, which provide a very efficient way of imposing restrictions to produce both plausible dynamics and sensib

2.

Record Nr.

UNINA9910263858203321

Titolo

Research on language and social interaction

Pubbl/distr/stampa

[Mahwah, NJ], : L. Erlbaum Associates, 1987-

Philadelphia, PA, : Taylor & Francis Group

ISSN

1532-7973

Descrizione fisica

1 online resource

Disciplina

401

Soggetti

Linguistics

Sociolinguistics

Communication

Analyse du discours

Communication interculturelle

Langage

Pragmatique (Langage)

Relations sociales

Sociolinguistique

Periodicals.

Périodique électronique (Descripteur de forme)

Ressource Internet (Descripteur de forme)

Lingua di pubblicazione

Inglese



Formato

Materiale a stampa

Livello bibliografico

Periodico

Note generali

Refereed/Peer-reviewed