Search Results

You are looking at 1 - 10 of 106 items

  • Keyword: General Aggregative Models, x
Clear All Modify Search
Productivity Trends in India's Manufacturing Sectors in the Last Two Decades

Productivity Trends in India's Manufacturing Sectors in the Last Two Decades »

Source: Productivity Trends in India's Manufacturing Sectors in the Last Two Decades

Volume/Issue: 2003/22

Series: IMF Working Papers

Author(s): Bulent Unel

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2003

ISBN: 9781451843996

Keywords: factor productivity, tfp, growth rates, labor shares, Economic Growth and Aggregate Productivity: General, General Aggregative Models: General,

Starting in the late 1970s, the Indian authorities implemented a series of reforms aimed at exposing the economy to greater competition and at liberalizing key aspects of economic activity. This paper investigates...

Some Simulation Properties of the Major Euro Area Economies in Multimod

Some Simulation Properties of the Major Euro Area Economies in Multimod »

Source: Some Simulation Properties of the Major Euro Area Economies in Multimod

Volume/Issue: 2003/31

Series: IMF Working Papers

Author(s): Douglas Laxton , and Benjamin Hunt

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2003

ISBN: 9781451845044

Keywords: Macroeconomic models, simulation properties, inflation, monetary policy, aggregate demand, nominal interest rate, monetary authority, Model Evaluation and Selection, General Aggregative Models: Forecasting and Simulation, Public Economics: General,

This paper was prepared as part of a euro area macroeconomic model comparisons project. Four standard macroeconomic experiments are considered to illustrate the differences in dynamic adjustment properties of two v...

Inflation Targeting in the Context of IMF-Supported Adjustment Programs

Inflation Targeting in the Context of IMF-Supported Adjustment Programs »

Source: Inflation Targeting in the Context of IMF-Supported Adjustment Programs

Volume/Issue: 2001/31

Series: IMF Working Papers

Author(s): Gerd Schwartz , Pau Rabanal , Mario Bléjer , and Alfredo Leone

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2001

ISBN: 9781451845020

Keywords: Monetary Policy Rules, inflation, inflation target, central bank, General Aggregative Models: Forecasting and Simulation,

This paper argues that the IMF's traditional monetary conditionality-a ceiling on net domestic assets of the central bank and a floor on its net international reserves-should be adapted in IMF-supported adjustment...

Price Subsidies and the Conduct of Monetary Policy

Price Subsidies and the Conduct of Monetary Policy »

Source: Price Subsidies and the Conduct of Monetary Policy

Volume/Issue: 2012/15

Series: IMF Working Papers

Author(s): Nooman Rebei , and Mohamed Safouane Ben Aissa

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2012

ISBN: 9781463931209

Keywords: Taylor rules, optimal monetary policy, general equilibrium, government subsidies, Bayesian estimation, inflation, inflation rates, monetary economics, General Aggregative Models,

This paper investigates optimized monetary policy rules in the presence of government intervention to stabilize prices of certain categories of goods and services. The paper estimates a small-scale, structural equi...

Effects of Fiscal Consolidation in the Czech Republic

Effects of Fiscal Consolidation in the Czech Republic »

Source: Effects of Fiscal Consolidation in the Czech Republic

Volume/Issue: 2011/65

Series: IMF Working Papers

Author(s): Stephen Snudden , and Vladimir Klyuev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2011

ISBN: 9781455228058

Keywords: fiscal multipliers, general equilibrium models., fiscal rule, aggregate demand, labor income, consumption tax, National Budget, Deficit, and Debt: General,

This paper uses the IMF's Global Integrated Monetary and Fiscal Model (GIMF) to assess the impact of fiscal consolidation on the Czech economy. Its contribution is threefold. First, it provides estimates of dynamic...

Evolution of the Relative Price of Goods and Services in a Neoclassical Model of Capital Accumulation

Evolution of the Relative Price of Goods and Services in a Neoclassical Model of Capital Accumulation »

Source: Evolution of the Relative Price of Goods and Services in a Neoclassical Model of Capital Accumulation

Volume/Issue: 2004/207

Series: IMF Working Papers

Author(s): Vladimir Klyuev

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2004

ISBN: 9781451874686

Keywords: Balassa-Samuelson effect, two-sector growth model, capital mobility, capital intensity, services sector, General Aggregative Models: Neoclassical, Economic Growth of Open Economies, One, Two, and Multisector Growth Models,

This paper provides an explanation for the secular increase in the price of services relative to that of manufactured goods that relies on capital accumulation rather than on an exogenous total factor productivity...

Can the IMF's Medium-Term Growth Projections Be Improved?

Can the IMF's Medium-Term Growth Projections Be Improved? »

Source: Can the IMF's Medium-Term Growth Projections Be Improved?

Volume/Issue: 2004/203

Series: IMF Working Papers

Author(s): Juan Zalduendo , and Catia Batista

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2004

ISBN: 9781451874488

Keywords: Model estimation, forecasting, growth, inflation, statistic, terms of trade, inflation rates, Model Construction and Estimation, Forecasting and Other Model Applications, Economic Growth and Aggregate Productivity: General

Numerous reports have noted that the IMF's medium-term growth projections are overly optimistic, raising questions as to how these can be improved. To this end, we estimate a growth model and examine its out-of-sam...

New Indicators for Tracking Growth in Real Time

New Indicators for Tracking Growth in Real Time »

Source: New Indicators for Tracking Growth in Real Time

Volume/Issue: 2011/43

Series: IMF Working Papers

Author(s): Troy Matheson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2011

ISBN: 9781455218998

Keywords: Nowcasting, Short-term forecasting, Real-time data, gdp growth, forecasting, real gdp, equation, Model Construction and Estimation, Forecasting and Other Model Applications, General Aggregative Models: Forecasting and Simulation,

We develop monthly indicators for tracking growth in 32 advanced and emerging-market economies. We test the historical performance of our indicators and find that they do a good job at describing the business cycle...

The Information Content of Money in Forecasting Euro Area Inflation

The Information Content of Money in Forecasting Euro Area Inflation »

Source: The Information Content of Money in Forecasting Euro Area Inflation

Volume/Issue: 2008/166

Series: IMF Working Papers

Author(s): Emil Stavrev , and Helge Berger

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2008

ISBN: 9781451870244

Keywords: Information content of money, inflation forecasting, New Keynesian model, DSGE model, P* model, Two-pillar Phillips curve, VAR model, general dynamic factor model, Bayesian estimation, aggregate demand

This paper contributes to the debate on the role of money in monetary policy by analyzing the information content of money in forecasting euro-area inflation. We compare the predictive performance within and among...

Grants Versus Loans

Grants Versus Loans »

Source: Grants Versus Loans

Volume/Issue: 2004/161

Series: IMF Working Papers

Author(s): Hulya Ulku , and Tito Cordella

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2004

ISBN: 9781451857849

Keywords: Aid policies, concessionality, empirical growth models, statistics, outliers, samples, predictions, indebted countries, Economic Growth and Aggregate Productivity: General,

Under what conditions should grants be preferred to loans? To answer this question, we present a simple model à la Krugman (1988) and show that, for any given level of developmental assistance, the optimal degree o...