A Small Quarterly Multi-Country Projection Model with Financial-Real Linkages and Oil Prices /

This is the third of a series of papers that are being written as part of a larger project to estimate a small quarterly Global Projection Model (GPM). The GPM project is designed to improve the toolkit for studying both own-country and cross-country linkages. In this paper, we estimate a small quar...

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Bibliografiska uppgifter
Huvudupphovsman: Juillard, Michel
Övriga upphovsmän: Freedman, Charles, Korshunov, Dmitry, Laxton, Douglas
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2008.
Serie:IMF Working Papers; Working Paper ; No. 2008/280
Länkar:Full text available on IMF
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100 1 |a Juillard, Michel. 
245 1 2 |a A Small Quarterly Multi-Country Projection Model with Financial-Real Linkages and Oil Prices /  |c Michel Juillard, Charles Freedman, Dmitry Korshunov, Douglas Laxton. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2008. 
300 |a 1 online resource (74 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This is the third of a series of papers that are being written as part of a larger project to estimate a small quarterly Global Projection Model (GPM). The GPM project is designed to improve the toolkit for studying both own-country and cross-country linkages. In this paper, we estimate a small quarterly projection model of the US, Euro Area, and Japanese economies that incorporates oil prices and allows us to trace out the effects of shocks to oil prices. The model is estimated with Bayesian techniques. We show how the model can be used to construct efficient baseline forecasts that incorporate judgment imposed on the near-term outlook. 
538 |a Mode of access: Internet 
700 1 |a Freedman, Charles. 
700 1 |a Korshunov, Dmitry. 
700 1 |a Laxton, Douglas. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2008/280 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2008/280/001.2008.issue-280-en.xml  |z IMF e-Library