Vai al contenuto principale della pagina
Autore: | Berg Andrew |
Titolo: | Practical model-based monetary policy analysis : a how-to guide / / prepared by Andrew Berg, Philippe Karam, and Douglas Laxton |
Pubblicazione: | [Washington, D.C.], : International Monetary Fund, Policy Development and Review Dept., Research Dept., and IMF Institute, 2006 |
Edizione: | 1st ed. |
Descrizione fisica: | 1 online resource (69 p.) |
Soggetto topico: | Economic forecasting |
Monetary policy | |
Altri autori: | KaramPhilippe D LaxtonDouglas |
Note generali: | "March 2006." |
Nota di bibliografia: | Includes bibliographical references. |
Nota di contenuto: | ""Contents""; ""I. INTRODUCTION""; ""II. THE MODEL""; ""III. BUILDING THE MODEL""; ""IV. FORECASTING AND POLICY ANALYSIS""; ""V. AN EXAMPLE""; ""VI. CONCLUSIONS""; ""REFERENCES"" |
Sommario/riassunto: | This 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. |
Titolo autorizzato: | Practical model-based monetary policy analysis |
ISBN: | 1-4623-7201-5 |
1-4527-9051-5 | |
1-282-54536-1 | |
1-4519-0876-8 | |
9786613822123 | |
Formato: | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione: | Inglese |
Record Nr.: | 9910813824003321 |
Lo trovi qui: | Univ. Federico II |
Opac: | Controlla la disponibilità qui |