A Practical Model-Based Approach to Monetary Policy Analysis : Overview /

This paper motivates and describes an approach to forecasting and monetary policy analysis based on the use of a simple structural macroeconomic model, along the lines of those in use in a number of central banks. It contrasts this approach with financial programming and its emphasis on monetary agg...

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Bibliographic Details
Main Author: Laxton, Douglas
Other Authors: Berg, Andrew, Karam, Philippe
Format: Book
Language:English
Published: Washington, D.C. : International Monetary Fund, 2006
Series:IMF Working Papers ; Working Paper No. 06/80
IMF eLibrary
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