Share

Quarterly Projection Model for India

2017-02-13 Business & Economics
Download Quarterly Projection Model for India PDF Online Free

Author :
Release : 2017-02-13
Genre : Business & Economics
Kind : eBook
Book Rating : 709/5 ( reviews)

GET EBOOK


Book Synopsis Quarterly Projection Model for India by : Mr.Jaromir Benes

Download or read book Quarterly Projection Model for India written by Mr.Jaromir Benes. This book was released on 2017-02-13. Available in PDF, EPUB and Kindle. Book excerpt: 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 generating forecasts and risk assessment as well as conducting policy analysis. QPM incorporates several India-specific features like the importance of the agricultural sector and food prices in the inflation process; features of monetary policy transmission and implications of an endogenous credibility process for monetary policy formulation. The paper also describes key properties and historical decompositions of some important macroeconomic variables.

Inflation-Forecast Targeting for India

2017-03-03 Business & Economics
Download Inflation-Forecast Targeting for India PDF Online Free

Author :
Release : 2017-03-03
Genre : Business & Economics
Kind : eBook
Book Rating : 30X/5 ( reviews)

GET EBOOK


Book Synopsis Inflation-Forecast Targeting for India by : Mr.Jaromir Benes

Download or read book Inflation-Forecast Targeting for India written by Mr.Jaromir Benes. This book was released on 2017-03-03. Available in PDF, EPUB and Kindle. Book excerpt: 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 context, the paper draws on Indian macroeconomic developments since 2000 and the experience of other countries that adopted FIT to bring out insights on how credible policy with an emphasis on a strong nominal anchor can reduce the impact of supply shocks and improve macroeconomic stability. For illustrating the key issues given the unique structural characteristics of India and the policy options under an FIT framework, the paper describes an analytical framework using the core quarterly projection model (QPM). Simulations of the QPM are carried out to illustrate the monetary policy responses under different types of uncertainty and to bring out the importance of gaining credibility for improving monetary policy efficacy.

Quarterly Projection Model for India

2017-03-03 Business & Economics
Download Quarterly Projection Model for India PDF Online Free

Author :
Release : 2017-03-03
Genre : Business & Economics
Kind : eBook
Book Rating : 229/5 ( reviews)

GET EBOOK


Book Synopsis Quarterly Projection Model for India by : Mr.Jaromir Benes

Download or read book Quarterly Projection Model for India written by Mr.Jaromir Benes. This book was released on 2017-03-03. Available in PDF, EPUB and Kindle. Book excerpt: 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 generating forecasts and risk assessment as well as conducting policy analysis. QPM incorporates several India-specific features like the importance of the agricultural sector and food prices in the inflation process; features of monetary policy transmission and implications of an endogenous credibility process for monetary policy formulation. The paper also describes key properties and historical decompositions of some important macroeconomic variables.

A Small Quarterly Multi-Country Projection Model with Financial-Real Linkages and Oil Prices

2008-12-01 Business & Economics
Download A Small Quarterly Multi-Country Projection Model with Financial-Real Linkages and Oil Prices PDF Online Free

Author :
Release : 2008-12-01
Genre : Business & Economics
Kind : eBook
Book Rating : 384/5 ( reviews)

GET EBOOK


Book Synopsis A Small Quarterly Multi-Country Projection Model with Financial-Real Linkages and Oil Prices by : Mr.Ondrej Kamenik

Download or read book A Small Quarterly Multi-Country Projection Model with Financial-Real Linkages and Oil Prices written by Mr.Ondrej Kamenik. This book was released on 2008-12-01. Available in PDF, EPUB and Kindle. Book excerpt: 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 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.

GPM6

2013-04-10 Business & Economics
Download GPM6 PDF Online Free

Author :
Release : 2013-04-10
Genre : Business & Economics
Kind : eBook
Book Rating : 943/5 ( reviews)

GET EBOOK


Book Synopsis GPM6 by : Ioan Carabenciov

Download or read book GPM6 written by Ioan Carabenciov. This book was released on 2013-04-10. Available in PDF, EPUB and Kindle. Book excerpt: 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 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.

You may also like...