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- W2015581145 abstract "This paper provides a how-to guide to model-based forecasting and monetary policy analysis. It describes a simple structural model, along the lines of those in use in a number of central banks. This workhorse model consists of an aggregate demand (or IS) curve, a price-setting (or Phillips) curve, a version of the uncovered interest parity condition, and a monetary policy reaction function. The paper discusses how to parameterize the model and use it for forecasting and policy analysis, illustrating with an application to Canada. It also introduces a set of useful software tools for conducting a model-consistent forecast." @default.
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- W2015581145 date "2006-01-01" @default.
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- W2015581145 title "Practical Model-Based Monetary Policy Analysis: A How-To Guide" @default.
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- W2015581145 doi "https://doi.org/10.2139/ssrn.901872" @default.
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