UID:
almafu_9959240670502883
Format:
1 online resource (42 pages) :
,
illustrations (some color), charts, tables, graphs.
ISBN:
9781475584226
,
1475584229
,
9781475584271
,
147558427X
Series Statement:
IMF Working Papers
Content:
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.
Additional Edition:
ISBN 9781475578706
Additional Edition:
ISBN 1475578709
Language:
English
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