 | Constructing Forecast Confidence Bands During the Financial Crisis Author/Editor: Kevin Clinton, Marianne Johnson, Huigang Chen, Ondrej Kamenik, Douglas Laxton. Release Date:September, 2009 We derive forecast confidence bands using a Global Projection Model covering the United States, the euro area, and Japan. In the model, the price of oil is a stochastic process, interest rates have a more...
| Price: $18.00
|
| Simple, Implementable Fiscal Policy Rules Author/Editor: Michael Kumhof, Douglas Laxton. Release Date:April, 2009 This paper analyzes the scope for systematic rules-based fiscal activism in open economies. Relative to a balanced budget rule, automatic stabilizers significantly improve welfare. But they minimize more...
| Price: $18.00
|
| Why Inflation Targeting? Author/Editor: Charles Freedman, Douglas Laxton. Release Date:April, 2009 This is the second chapter of a forthcoming monograph entitled On Implementing Full-Fledged Inflation-Targeting Regimes: Saying What You Do and Doing What You Say. We begin by discussing the costs more...
| Price: $18.00
|
| It Framework Design Parameters Author/Editor: Douglas Laxton, Charles Freedman. Release Date:April, 2009 This is the third chapter of a forthcoming monograph entitled On Implementing Full-Fledged Inflation-Targeting Regimes: Saying What You Do and Doing What You Say. It examines a number of elements more...
| Price: $18.00
|
| Chile’s Structural Fiscal Surplus Rule : A Model-Based Evaluation Author/Editor: Michael Kumhof, Douglas Laxton. Release Date:April, 2009 The paper analyzes Chile's structural balance fiscal rule in the face of copper price shocks originating in foreign copper demand. It uses a version of the IMF's Global Integrated Monetary and Fiscal more...
| Price: $18.00
|
 | The Case for Global Fiscal Stimulus Author/Editor: Jaewoo Lee, Douglas Laxton, Michael Kumhof, Charles Freedman. Release Date:March, 2009
| Price: $10.00
|
| Developing a Structured Forecasting and Policy Analysis System to Support Inflation-Forecast Targeting (IFT) Author/Editor: Douglas Laxton, Alasdair Scott, David Rose. Release Date:March, 2009 This paper presents a basic plan for developing a Forecast and Policy Analysis System designed to support an inflation-forecast targeting regime at a central bank. It includes discussion of the more...
| Price: $18.00
|
| A Small Quarterly Projection Model of the US Economy Author/Editor: Igor Ermolaev, Michel Juillard, Ioan Carabenciov, Charles Freedman, Douglas Laxton, Ondrej Kamenik, Dmitry Korshunov. Release Date:December, 2008 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 more...
| Price: $18.00
|
| A Small Quarterly Multi-Country Projection Model Author/Editor: Jared Laxton, Igor Ermolaev, Charles Freedman, Ondrej Kamenik, Michel Juillard, Douglas Laxton, Ioan Carabenciov, Dmitry Korshunov. Release Date:December, 2008 This 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 more...
| Price: $18.00
|
| A Small Quarterly Multi-Country Projection Model with Financial-Real Linkages and Oil Prices Author/Editor: Michel Juillard, Charles Freedman, Dmitry Korshunov, Douglas Laxton, Ondrej Kamenik, Ioan Carabenciov, Igor Ermolaev, Jared Laxton. Release Date:December, 2008 This 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 more...
| Price: $18.00
|
|
Help