A Simple Macrofiscal Model for Policy Analysis : An Application to Cambodia /

The paper describes a semistructural macrofiscal approach to simulating and forecasting macroeconomic policies. Our canonical model is adapted to Cambodia and we demonstrate its application with an illustrative scenario of macroeconomic effects of the Covid-19 pandemic. Complemented with near-term f...

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Detalhes bibliográficos
Autor principal: Baksa, Daniel
Outros Autores: Bulir, Ales, Heng, Dyna
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2020.
Colecção:IMF Working Papers; Working Paper ; No. 2020/202
Acesso em linha:Full text available on IMF
Descrição
Resumo:The paper describes a semistructural macrofiscal approach to simulating and forecasting macroeconomic policies. Our canonical model is adapted to Cambodia and we demonstrate its application with an illustrative scenario of macroeconomic effects of the Covid-19 pandemic. Complemented with near-term forecasting tools and expert judgment, the dynamics of the model helps to inform policymakers about medium-term transmission channels and thus guide policy advice.
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Descrição Física:1 online resource (37 pages)
Formato:Mode of access: Internet
ISSN:1018-5941
Acesso:Electronic access restricted to authorized BRAC University faculty, staff and students