Specification of Policy Rules and Performance Measures in Multicountry Simulation Studies /

Much recent analysis of international monetary and fiscal policy issues, such as the choice of an exchange-rate regime or the design of a policy coordination scheme, has been conducted by stochastic simulations with multicountry econometric models. In these studies, it has become standard practice t...

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Bibliographic Details
Main Author: McCallum, Bennett
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1992.
Series:IMF Working Papers; Working Paper ; No. 1992/041
Subjects:
Online Access:Full text available on IMF