Series: IMF Working Papers
Author(s): Karel Musil , Mikhail Pranovich , and Jan Vlcek
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 07 December 2018
Keywords: Belarus, Dollarization, Europe, Monetary policy, Quarterly Projection Model, Nominal Wages, Fiscal Impulse, Forecasting and Simulation, Monetary Policy (Targets, Instruments
Belarusian authorities contemplate transiting to inflation targeting. The paper suggests a small structural model at the core of the forecasting and policy analysis system. A well-researched canonical structure of...