Practical model-based monetary policy analysis : a how-to guide / Andrew Berg, Philippe Karam, and Douglas Laxton.

This paper provides a how-to guide to model-based forecasting and monetary policy analysis. It describes a simple structural model, along the lines of those in use in a number of central banks. This workhorse model consists of an aggregate demand (or IS) curve, a price-setting (or Phillips) curve, a...

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Bibliographic Details
Main Authors: Berg, Andrew (Author), Karam, Philippe D. (Author), Laxton, Douglas (Author)
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. : International Monetary Fund, 2006
Series:IMF working paper ; WP/06/81.
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