TY  - BOOK
AU  - Vitek,Francis
TI  - Monetary Policy Analysis and Forecasting in the World Economy: A Panel Unobserved Components Approach 
T2  - IMF Working Papers; Working Paper
SN  - 1451873859 :
SN  - 1018-5941
PY  - 2009///
CY  - Washington, D.C.
PB  - International Monetary Fund
KW  - Bayesian Analysis
KW  - imf
KW  - Bayesian Conditioning On Judgment
KW  - Financial Markets and the Macroeconomy
KW  - Forecasting and Other Model Applications
KW  - Model Construction and Estimation
KW  - Monetary Conditions
KW  - China, People's Republic of
KW  - United States
N2  - This paper develops a panel unobserved components model of the monetary transmission mechanism in the world economy, disaggregated into its fifteen largest national economies. This structural macroeconometric model features extensive linkages between the real and financial sectors, both within and across economies. A variety of monetary policy analysis and forecasting applications of the estimated model are demonstrated, based on a novel Bayesian framework for conditioning on judgment
UR  - http://elibrary.imf.org/view/IMF001/10531-9781451873856/10531-9781451873856/10531-9781451873856.xml
UR  - http://www.imfbookstore.org/IMFORG/9781451873856
ER  -