LEADER 02647nam 2200613Ia 450 001 9910819870403321 005 20200520144314.0 010 $a1-4623-6292-3 010 $a1-4527-3198-5 010 $a1-282-44783-1 010 $a1-4519-0875-X 010 $a9786613821034 035 $a(CKB)3360000000443142 035 $a(EBL)3014523 035 $a(SSID)ssj0000940023 035 $a(PQKBManifestationID)11528461 035 $a(PQKBTitleCode)TC0000940023 035 $a(PQKBWorkID)10945932 035 $a(PQKB)10565108 035 $a(OCoLC)270936746 035 $a(IMF)WPIEE2006080 035 $a(CaOOCEL)250993 035 $a(MiAaPQ)EBC3014523 035 $a(EXLCZ)993360000000443142 100 $a20080908e20062008 uf 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 12$aA practical model-based approach to monetary policy analysis $eoverview /$fprepared by Andrew Berg, Philippe Karam, and Douglas Laxton 205 $a1st ed. 210 $a[Washington, D.C.] $cInternational Monetary Fund$dc2006 215 $a1 online resource (45 p.) 225 1 $aIMF working paper ;$vWP/06/80 300 $a"March 2006". 311 $a1-4518-6340-3 320 $aIncludes bibliographical references (p. 39-43). 327 $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"" 330 3 $aThis paper motivates and describes an approach to forecasting and monetary policy analysis based on the use of a simple structural macroeconomic model, along the lines of those in use in a number of central banks. It contrasts this approach with financial programming and its emphasis on monetary aggregates, as well as with more econometrically driven analyses. It presents illustrative results from an application to Canada. A companion paper provides a more detailed how-to guide and introduces a set of tools designed to facilitate this approach. 410 0$aIMF working paper ;$vWP/06/80. 606 $aMonetary policy 606 $aEconomic forecasting 615 0$aMonetary policy. 615 0$aEconomic forecasting. 700 $aBerg$b Andrew$01601294 712 02$aInternational Monetary Fund. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910819870403321 996 $aA practical model-based approach to monetary policy analysis$94195870 997 $aUNINA