Hidden Bibliographic Details
Other authors / contributors: | Rose, David E., author.
Scott, Alasdair, author.
International Monetary Fund. Research Department.
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ISBN: | 9781451916478 1451916477 1462314406 9781462314409 9786612842863 6612842865 1282842862 9781282842861 1451872127 9781451872125 1451995342 9781451995343
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Digital file characteristics: | data file
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Notes: | At head of title: Research Department. "March 2009." Includes bibliographical references (pages 39-40). English. Print version record.
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Summary: | This paper presents a basic plan for developing a Forecast and Policy Analysis System designed to support an inflation-forecast targeting regime at a central bank. It includes discussion of the development of data management and reporting processes; the creation of a forecast team and the development of human capital; the implementation of a simple model, plus possible extensions; and the management of regular economic projections. We emphasize that it is better to implement simple models earlier and use them well, rather than wait in an attempt to develop an all-encompassing model.
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Other form: | Print version: Laxton, Douglas. Developing a structured forecasting and policy analysis system to support inflation-forecast targeting (IFT). [Washington, D.C.] : International Monetary Fund, ©2009
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