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Quarterly Projection Model for India

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by Jaromir Mr. Benes & Kevin Clinton
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Quarterly Projection Model for India by Jaromir Mr. Benes & Kevin Clinton

This paper outlines the key features of the production version of the quarterly projection model (QPM), which is a forward-looking open-economy gap model, calibrated to represent the Indian case, for generating forecasts and risk assessment as well as conducting policy analysis. QPM incorporates several India-specific features like the importance of the agricultural sector and food prices in the inflation process; features of monetary policy transmission and implications of an endogenous credibility process for monetary policy formulation. The paper also describes key properties and historical decompositions of some important macroeconomic variables.

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Ebook Details
Pages: 41
Size: 2.7 MB
Publisher: INTERNATIONAL MONETARY FUND
Date published:   2017
ISBN: 9781475584226 (DRM-EPUB)
9781475584271 (DRM-PDF)

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This product is listed in the following categories:

Nonfiction > Business & Economics > Economics
Nonfiction > Business & Economics > International > Economics
Nonfiction > Business & Economics > Economics > Macroeconomics

These authors have products in the following categories:

Nonfiction > Business & Economics
Nonfiction > Business & Economics > Economics
Nonfiction > Business & Economics > International > Economics
Nonfiction > Business & Economics > Economics > Macroeconomics

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06/24/2017
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