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Macrofinancial Analysis in the World Economy Book PDF Summary

This paper develops a structural macroeconometric model of the world economy, disaggregated into forty national economies. This panel dynamic stochastic general equilibrium model features a range of nominal and real rigidities, extensive macrofinancial linkages, and diverse spillover transmission channels. A variety of monetary policy analysis, fiscal policy analysis, macroprudential policy analysis, spillover analysis, and forecasting applications of the estimated model are demonstrated. These include quantifying the monetary, fiscal and macroprudential transmission mechanisms, accounting for business cycle fluctuations, and generating relatively accurate forecasts of inflation and output growth.

Detail Book of Macrofinancial Analysis in the World Economy PDF

Macrofinancial Analysis in the World Economy
  • Author : Francis Vitek
  • Release : 28 October 2015
  • Publisher : International Monetary Fund
  • ISBN : 9781513544984
  • Genre : Business & Economics
  • Total Page : 112 pages
  • Language : English
  • PDF File Size : 18,8 Mb

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