01873cas a2200277 a 4500 AALejournalIMF005484 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451871388 1018-5941 BD-DhAAL BD-DhAAL Juillard, Michel. A Small Quarterly Multi-Country Projection Model with Financial-Real Linkages and Oil Prices / Michel Juillard, Charles Freedman, Dmitry Korshunov, Douglas Laxton. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (74 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This is the third of a series of papers that are being written as part of a larger project to estimate a small quarterly Global Projection Model (GPM). The GPM project is designed to improve the toolkit for studying both own-country and cross-country linkages. In this paper, we estimate a small quarterly projection model of the US, Euro Area, and Japanese economies that incorporates oil prices and allows us to trace out the effects of shocks to oil prices. The model is estimated with Bayesian techniques. We show how the model can be used to construct efficient baseline forecasts that incorporate judgment imposed on the near-term outlook. Mode of access: Internet Freedman, Charles. Korshunov, Dmitry. Laxton, Douglas. IMF Working Papers; Working Paper ; No. 2008/280 Full text available on IMF http://elibrary.imf.org/view/journals/001/2008/280/001.2008.issue-280-en.xml IMF e-Library