Author: Andrew Holder
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
The Bank of England has developed a new macroeconomic model to help prepare the Monetary Policy Committee's quarterly economic projections. The new model does not represent a change in the Committee's view of how the economy works or of the role of monetary policy. Rather, recent advances in economic understanding and computational power have been used to develop a macroeconomic model with a more clearly specified and coherent economic structure than in previous models used by the Committee. This article provides an overview of the new model and includes some simple simulations to illustrate its properties.
The New Bank of England Quarterly Model
Author: Andrew Holder
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
The Bank of England has developed a new macroeconomic model to help prepare the Monetary Policy Committee's quarterly economic projections. The new model does not represent a change in the Committee's view of how the economy works or of the role of monetary policy. Rather, recent advances in economic understanding and computational power have been used to develop a macroeconomic model with a more clearly specified and coherent economic structure than in previous models used by the Committee. This article provides an overview of the new model and includes some simple simulations to illustrate its properties.
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
The Bank of England has developed a new macroeconomic model to help prepare the Monetary Policy Committee's quarterly economic projections. The new model does not represent a change in the Committee's view of how the economy works or of the role of monetary policy. Rather, recent advances in economic understanding and computational power have been used to develop a macroeconomic model with a more clearly specified and coherent economic structure than in previous models used by the Committee. This article provides an overview of the new model and includes some simple simulations to illustrate its properties.
The Bank of England Quarterly Model
Author: Richard Harrison
Publisher:
ISBN: 9781857301533
Category : Great Britain
Languages : en
Pages : 244
Book Description
Publisher:
ISBN: 9781857301533
Category : Great Britain
Languages : en
Pages : 244
Book Description
Addendum to Report on Modelling and Forecasting at the Bank of England
Author: Adrian Pagan
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
The Spring 2003 Quarterly Bulletin contained a report on modelling and forecasting at the Bank of England by Adrian Pagan. This article is a postscript to Professor Pagan's original report, and covers the introduction of the Bank's new macroeconomic model (the Bank of England Quarterly Model, or BEQM). The overall assessment is broadly positive, and the Bank would again like to thank Professor Pagan for the valuable insights that his report has provided.
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
The Spring 2003 Quarterly Bulletin contained a report on modelling and forecasting at the Bank of England by Adrian Pagan. This article is a postscript to Professor Pagan's original report, and covers the introduction of the Bank's new macroeconomic model (the Bank of England Quarterly Model, or BEQM). The overall assessment is broadly positive, and the Bank would again like to thank Professor Pagan for the valuable insights that his report has provided.
An Analysis of Changes in the Structural and Simulation Properties of the Bank of England Quarterly Model of the UK Economy
Author: Ian Harnett
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 62
Book Description
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 62
Book Description
Macroeconometric Models
Author: Władysław Welfe
Publisher: Springer Science & Business Media
ISBN: 3642344682
Category : Business & Economics
Languages : en
Pages : 435
Book Description
This book gives a comprehensive description of macroeconometric modeling and its development over time. The first part depicts the history of macroeconometric model building, starting with Jan Tinbergen's and Lawrence R. Klein's contributions. It is unique in summarizing the development and specific structure of macroeconometric models built in North America, Europe, and various other parts of the world. The work thus offers an extensive source for researchers in the field. The second part of the book covers the systematic characteristics of macroeconometric models. It includes the household and enterprise sectors, disequilibria, financial flows, and money market sectors.
Publisher: Springer Science & Business Media
ISBN: 3642344682
Category : Business & Economics
Languages : en
Pages : 435
Book Description
This book gives a comprehensive description of macroeconometric modeling and its development over time. The first part depicts the history of macroeconometric model building, starting with Jan Tinbergen's and Lawrence R. Klein's contributions. It is unique in summarizing the development and specific structure of macroeconometric models built in North America, Europe, and various other parts of the world. The work thus offers an extensive source for researchers in the field. The second part of the book covers the systematic characteristics of macroeconometric models. It includes the household and enterprise sectors, disequilibria, financial flows, and money market sectors.
The Bank of Canada's New Quarterly Projection Model
Author:
Publisher:
ISBN:
Category : Canada
Languages : en
Pages : 154
Book Description
Publisher:
ISBN:
Category : Canada
Languages : en
Pages : 154
Book Description
https://books.google.com/books?id=PEFdDwAAQBAJ&pri...
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Quarterly bulletin
Author: Bank of England London
Publisher:
ISBN:
Category :
Languages : de
Pages :
Book Description
Publisher:
ISBN:
Category :
Languages : de
Pages :
Book Description
Bank of England Quarterly Bulletin
Author:
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 7
Book Description
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 7
Book Description
Economic Modelling at the Bank of England
Author: G. B. Henry
Publisher: Springer Science & Business Media
ISBN: 9400904193
Category : Science
Languages : en
Pages : 277
Book Description
J. S. FLEMMING The Bank of England's role as a leading central bank involves both formal and informal aspects. At a formal level it is an adviser to HM Government, whilst at an informal level it is consulted by domestic and overseas institutions for advice on many areas of economic interest. Such advice must be grounded in an understanding of the workings of the domestic and international economy-a task which becomes ever more difficult with the pace of change both in the economy and in the techniques which are used by professional economists to analyse such changes. The Bank's economists are encouraged to publish their research whenever circumstances permit, whether in refereed journals or in other ways. In particular, we make it a rule that the research underlying the Bank's macroeconometric model, to which outside researchers have access through the ESRC (Economic and Social Research Council) macromodelling bureau, should be adequately explained and documented in published form. This volume expands the commitment to make research which is undertaken within the Economics Division of the Bank of England widely available. Included here are chapters which illustrate the breadth of interests which the Bank seeks to cover. Some of the research is, as would be expected, directly related to the specification of the Bank's model, but other aspects are also well represented.
Publisher: Springer Science & Business Media
ISBN: 9400904193
Category : Science
Languages : en
Pages : 277
Book Description
J. S. FLEMMING The Bank of England's role as a leading central bank involves both formal and informal aspects. At a formal level it is an adviser to HM Government, whilst at an informal level it is consulted by domestic and overseas institutions for advice on many areas of economic interest. Such advice must be grounded in an understanding of the workings of the domestic and international economy-a task which becomes ever more difficult with the pace of change both in the economy and in the techniques which are used by professional economists to analyse such changes. The Bank's economists are encouraged to publish their research whenever circumstances permit, whether in refereed journals or in other ways. In particular, we make it a rule that the research underlying the Bank's macroeconometric model, to which outside researchers have access through the ESRC (Economic and Social Research Council) macromodelling bureau, should be adequately explained and documented in published form. This volume expands the commitment to make research which is undertaken within the Economics Division of the Bank of England widely available. Included here are chapters which illustrate the breadth of interests which the Bank seeks to cover. Some of the research is, as would be expected, directly related to the specification of the Bank's model, but other aspects are also well represented.