Policy Analysis and Forecasting in the World Economy : A Panel Unobserved Components Approach /

This paper develops a structural macroeconometric model of the world economy, disaggregated into thirty five national economies. This panel unobserved components model features a monetary transmission mechanism, a fiscal transmission mechanism, and extensive macrofinancial linkages, both within and...

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Bibliographic Details
Main Author: Vitek, Francis
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2012.
Series:IMF Working Papers; Working Paper ; No. 2012/149
Online Access:Full text available on IMF