A Practical Model-Based Approach to Monetary Policy Analysis-Overview /

This 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 agg...

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Detalles Bibliográficos
Autor Principal: Laxton, Douglas
Outros autores: Berg, Andrew, Karam, Philippe
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2006.
Series:IMF Working Papers; Working Paper ; No. 2006/080
Acceso en liña:Full text available on IMF