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Introducing the Bank of Canada's Projection Model for the Global Economy
Jeannine N. Bailliu
Patrick Blagrave
出版
Bank of Canada
, 2010
URL
http://books.google.com.hk/books?id=UAyBXwAACAAJ&hl=&source=gbs_api
註釋
"To complement its existing set of tools to analyze and forecast developments in the global economy, the Bank of Canada recently developed a version of the Global Projection Model (GPM) jointly with staff at the International Monetary Fund. The GPM is a highly stylized quarterly projection model for the global economy based on work by Carabenciov et al. (2008). The GPM is specifically designed to meet the need for a better tool to conduct the global projection. The model's main strength is that it provides an internally consistent projection for the global economy, wherein a shock to any individual block of the model is transmitted to the other economies through several channels. Moreover, it enables staff to better account for changes in view from projection to projection and to analyze the general-equilibrium impact on the global economy of a number of key shocks."--Abstract.