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100   $a20060615d2006      um         0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt
182   $cc
183   $acr
200 10$aPractical model-based monetary policy analysis $ea how-to guide /$fprepared by Andrew Berg, Philippe Karam, and Douglas Laxton
205   $a1st ed.
210   $a[Washington, D.C.] $cInternational Monetary Fund, Policy Development and Review Dept., Research Dept., and IMF Institute$d2006
215   $a1 online resource (69 p.)
225 1 $aIMF working paper ;$vWP/06/81
300   $a"March 2006."
311   $a1-4518-6341-1 
320   $aIncludes bibliographical references.
327   $a""Contents""; ""I. INTRODUCTION""; ""II. THE MODEL""; ""III. BUILDING THE MODEL""; ""IV. FORECASTING AND POLICY ANALYSIS""; ""V. AN EXAMPLE""; ""VI. CONCLUSIONS""; ""REFERENCES""
330 3 $aThis paper provides a how-to guide to model-based forecasting and monetary policy analysis. It describes a simple structural model, along the lines of those in use in a number of central banks. This workhorse model consists of an aggregate demand (or IS) curve, a price-setting (or Phillips) curve, a version of the uncovered interest parity condition, and a monetary policy reaction function. The paper discusses how to parameterize the model and use it for forecasting and policy analysis, illustrating with an application to Canada. It also introduces a set of useful software tools for conducting a model-consistent forecast.
410  0$aIMF working paper ;$vWP/06/81.
606   $aEconomic forecasting
606   $aMonetary policy
615  0$aEconomic forecasting.
615  0$aMonetary policy.
700   $aBerg$b Andrew$01601294
701   $aKaram$b Philippe D$01752808
701   $aLaxton$b Douglas$01594457
712 02$aIMF Institute.
712 02$aInternational Monetary Fund.$bPolicy Development and Review Dept.
712 02$aInternational Monetary Fund.$bResearch Dept.
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910813824003321
996   $aPractical model-based monetary policy analysis$94189251
997   $aUNINA