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Title A small quarterly projection model of the US economy / prepared by Ioan Carabenciov [and others]
Published Washington, D.C. : International Monetary Fund, [2008]
Online access available from:
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Description 1 online resource (54 pages) : illustrations (some color)
Series IMF working paper ; WP/08/278
IMF working paper ; WP/08/278
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
Notes "December 2008."
At head of title: Research Department
Bibliography Includes bibliographical references (pages 28-29)
Notes Print version record
Subject Bank assets -- United States -- Econometric models.
Economic forecasting -- United States.
Inflation (Finance) -- United States -- Econometric models.
Monetary policy -- United States -- Econometric models.
United States -- Economic conditions -- 1981-2001 -- Econometric models.
United States -- Economic conditions -- 2001-2009 -- Econometric models.
Form Electronic book
Author Carabenciov, Ioan, author
International Monetary Fund. Research Department.
ISBN 1451987242 (E-Book)