Monetary policy analysis and forecasting in the world economy : a panel unobserved components approach /

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Bibliographic Details
Author / Creator:Vitek, Francis, author.
Imprint:[Washington, D.C.] : International Monetary Fund, ©2009.
Description:1 online resource (42 pages) : color illustrations
Language:English
Series:IMF working paper ; WP/09/238
IMF working paper ; WP/09/238.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12498386
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Other authors / contributors:International Monetary Fund. Strategy, Policy, and Review Department.
ISBN:1462353746
9781462353743
1451873859
9781451873856
1452704651
9781452704654
1282844393
9781282844391
9786612844393
6612844396
Digital file characteristics:text file
Notes:Includes bibliographical references (page 42).
English.
Print version record.
Summary:This paper develops a panel unobserved components model of the monetary transmission mechanism in the world economy, disaggregated into its fifteen largest national economies. This structural macroeconometric model features extensive linkages between the real and financial sectors, both within and across economies. A variety of monetary policy analysis and forecasting applications of the estimated model are demonstrated, based on a novel Bayesian framework for conditioning on judgment.
Other form:Print version: Vitek, Francis. Monetary policy analysis and forecasting in the world economy. [Washington, D.C.] : International Monetary Fund, ©2009