Policy Analysis and Forecasting in the World Economy: A Panel Unobserved Components Approach

Working Paper No. 12/149

This paper develops a structural macroeconometric model of the world economy, disaggregated into thirty five national economies. This panel unobserved components model features a monetary transmission mechanism, a fiscal transmission mechanism, and extensive macrofinancial linkages, both within and across economies. A variety of monetary policy... READ MORE...

Publication date: June 2012
ISBN 9781475504187

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Publication date: June 2012


Publication date: June 2012