Hidden Bibliographic Details
| Other authors / contributors: | Carabenciov, Ioan, author.
International Monetary Fund. Research Department.
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| ISBN: | 9781451987249
1451987242
1462363857
9781462363858
1452739994
9781452739991
1282558129
9781282558120
9786613822277
6613822272
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| Notes: | At head of title: Research Department.
"December 2008."
Includes bibliographical references (pages 28-29).
English.
Print version record.
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| Summary: | This is the first of a series of papers that are being written as part of a project to estimate a small quarterly Global Projection Model (GPM). The GPM project is designed to improve the toolkit for studying both own-country and cross-country linkages. In this paper, we estimate a small quarterly projection model of the U.S. economy. The model is estimated with Bayesian techniques, which provide a very efficient way of imposing restrictions to produce both plausible dynamics and sensible forecasting properties. After developing a benchmark model without financial-real linkages, we introduce such linkages into the model and compare the results with and without linkages.
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| Other form: | Print version: Small quarterly projection model of the US economy. Washington, D.C. : International Monetary Fund, ©2008
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