A Projections Model for Small Area Economies
Author: Roger L. Burford
Publisher:
Published: 1966
Total Pages: 86
ISBN-13:
DOWNLOAD EBOOKRead and Download eBook Full
Author: Roger L. Burford
Publisher:
Published: 1966
Total Pages: 86
ISBN-13:
DOWNLOAD EBOOKAuthor: Roger L. Burford
Publisher:
Published: 1966
Total Pages: 84
ISBN-13:
DOWNLOAD EBOOKAuthor: Mr.Ondrej Kamenik
Publisher: International Monetary Fund
Published: 2008-12-01
Total Pages: 56
ISBN-13: 1451871368
DOWNLOAD EBOOKThis 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.
Author: Mr.Ondrej Kamenik
Publisher: International Monetary Fund
Published: 2008-12-01
Total Pages: 76
ISBN-13: 1451871384
DOWNLOAD EBOOKThis is the third of a series of papers that are being written as part of a larger 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 US, Euro Area, and Japanese economies that incorporates oil prices and allows us to trace out the effects of shocks to oil prices. The model is estimated with Bayesian techniques. We show how the model can be used to construct efficient baseline forecasts that incorporate judgment imposed on the near-term outlook.
Author: Ioan Carabenciov
Publisher: International Monetary Fund
Published: 2013-04-10
Total Pages: 79
ISBN-13: 1484318943
DOWNLOAD EBOOKThis is the sixth 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 to which economists have access for studying both own-country and cross-country linkages. In this paper, we add three more regions and make a number of other changes to a previously estimated small quarterly projection model of the US, euro area, and Japanese economies. 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.
Author: Zoltan Jakab
Publisher: International Monetary Fund
Published: 2015-03-02
Total Pages: 31
ISBN-13: 1498399606
DOWNLOAD EBOOKThe GPM project is designed to improve the toolkit for studying both own-country and cross-country linkages. This paper creates a special version of GPM that includes the four largest Euro Area (EA) countries. The EA countries are more vulnerable to domestic and external demand shocks because adjustments in the real exchange rate between EA countries occur more gradually through inflation differentials. Spillovers from tight credit conditions in each EA country are limited by direct trade channels and small confidence spillovers, but we also consider scenarios where banks in all EU countries tighten credit conditions simultaneously.
Author:
Publisher:
Published: 2008
Total Pages:
ISBN-13:
DOWNLOAD EBOOKAuthor: Mr.Ondrej Kamenik
Publisher: INTERNATIONAL MONETARY FUND
Published: 2008-12-01
Total Pages: 59
ISBN-13: 9781451871371
DOWNLOAD EBOOKThis is the second of a series of papers that are being written as part of a larger 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 US, Euro Area, and Japanese economies. 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. We show how the model can be used to construct efficient baseline forecasts that incorporate judgment imposed on the near-term outlook.
Author:
Publisher:
Published: 2008
Total Pages: 60
ISBN-13:
DOWNLOAD EBOOKThis is the second of a series of papers that are being written as part of a larger 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 US, Euro Area, and Japanese economies. 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. We show how the model can be used to construct efficient baseline forecasts that incorporate judgment imposed on the near-term outlook.
Author: Charles Freedman
Publisher: International Monetary Fund
Published: 2009-11-01
Total Pages: 59
ISBN-13: 1451941714
DOWNLOAD EBOOKThis is the fifth of a series of papers that are being written as part of a larger project to estimate a small quarterly Global Projection Model (GPM). The GPM project is designed to improve the toolkit to which economists have access for studying both own-country and cross-country linkages. In this paper, we add Indonesia to a previously estimated small quarterly projection model of the US, euro area, and Japanese economies. 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.