 | Inflation-Forecast Targeting for India : An Outline of the Analytical Framework Author/Editor: Jaromir Benes, Kevin Clinton, Asish George, Joice John, Ondra Kamenik, Douglas Laxton, Pratik Mitra, G V Nadhanael, Hou Wang, Fan Zhang. Release Date:February, 2017 India formally adopted flexible inflation targeting (FIT) in June 2016 to place price stability, defined in terms of a target CPI inflation, as the primary objective of monetary policy. In this more...
| Price: $18.00
| | Quarterly Projection Model for India : Key Elements and Properties Author/Editor: Jaromir Benes, Kevin Clinton, Asish George, Pranav Gupta, Joice John, Ondra Kamenik, Douglas Laxton, Pratik Mitra, G V Nadhanael, Rafael Portillo, Hou Wang, Fan Zhang. Release Date:February, 2017 This paper outlines the key features of the production version of the quarterly projection model (QPM), which is a forward-looking open-economy gap model, calibrated to represent the Indian case, for more...
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| | How to Improve Inflation Targeting in Canada Author/Editor: Maurice Obstfeld, Kevin Clinton, Ondra Kamenik, Douglas Laxton, Yulia Ustyugova, Hou Wang. Release Date:September, 2016 Routine publication of the forecast path for the policy interest rate (i.e. “conventional forward guidance”) would improve the transparency of monetary policy. It would also improve policy more...
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| | Avoiding Dark Corners : A Robust Monetary Policy Framework for the United States Author/Editor: Ali Alichi, Kevin Clinton, Charles Freedman, Ondra Kamenik, Michel Juillard, Douglas Laxton, Jarkko Turunen, Hou Wang. Release Date:June, 2015 The Fed has taken several steps towards strengthening its monetary framework over the past several years. Those steps have supported the Fed’s efforts to stimulate the economy through forward more...
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| | GPM6 : The Global Projection Model with 6 Regions Author/Editor: Ioan Carabenciov, Charles Freedman, Roberto Garcia-Saltos, Douglas Laxton, Ondra Kamenik, Petar Manchev. Release Date:April, 2013 This 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 more...
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|  | The Future of Oil: Geology versus Technology Author/Editor: Jaromir Benes, Marcelle Chauvet, Ondra Kamenik, Michael Kumhof, Douglas Laxton, Susanna Mursula, Jack Selody. Release Date:May, 2012 We discuss and reconcile two diametrically opposed views concerning the future of world oil
production and prices. The geological view expects that physical constraints will dominate
the future more...
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