LEADER 03776oam 22009854 450 001 9910959814103321 005 20250426110948.0 010 $a9786613821034 010 $a9781462362929 010 $a1462362923 010 $a9781452731988 010 $a1452731985 010 $a9781282447837 010 $a1282447831 010 $a9781451908756 010 $a145190875X 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(IMF)WPIEA2006080 035 $a(CaBNVSL)gtp00530592 035 $a(VaAlCD)20.500.12592/n93bf6 035 $aWPIEA2006080 035 $a(EXLCZ)993360000000443142 071 60$a250993$bCaOOCEL$q(Public Documents) 100 $a20020129d2006 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?Overview /$fDouglas Laxton, Andrew Berg, Philippe Karam 205 $a1st ed. 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2006. 215 $a1 online resource (45 p.) 225 1 $aIMF Working Papers 300 $a"March 2006". 311 08$a9781451863406 311 08$a1451863403 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 Papers; Working Paper ;$vNo. 2006/080 606 $aMonetary policy 606 $aEconomic forecasting 606 $aAggregate demand$2Iptcnc 606 $aCentral bank$2Iptcnc 606 $aDemand for money$2Iptcnc 606 $aDisinflation$2Iptcnc 606 $aDynamic stochastic general equilibrium$2Iptcnc 606 $aEconometrics$2Iptcnc 606 $aEconomic equilibrium$2Iptcnc 606 $aEconomic model$2Iptcnc 606 $aEconomics$2Iptcnc 606 $aEconomy$2Iptcnc 615 0$aMonetary policy. 615 0$aEconomic forecasting. 615 7$aAggregate demand 615 7$aCentral bank 615 7$aDemand for money 615 7$aDisinflation 615 7$aDynamic stochastic general equilibrium 615 7$aEconometrics 615 7$aEconomic equilibrium 615 7$aEconomic model 615 7$aEconomics 615 7$aEconomy 676 $a332.46 700 $aLaxton$b Douglas$01594457 701 $aBerg$b Andrew$01815664 701 $aKaram$b Philippe$01815665 712 02$aInternational Monetary Fund. 801 0$bDcWaIMF 906 $aBOOK 912 $a9910959814103321 996 $aA Practical Model-Based Approach to Monetary Policy Analysis?Overview$94372926 997 $aUNINA