01766cas a2200265 a 4500 AALejournalIMF005694 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451872125 1018-5941 BD-DhAAL BD-DhAAL Laxton, Douglas. Developing a Structured Forecasting and Policy Analysis System to Support Inflation-Forecast Targeting (IFT) / Douglas Laxton, Alasdair Scott, David Rose. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (67 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 paper presents a basic plan for developing a Forecast and Policy Analysis System designed to support an inflation-forecast targeting regime at a central bank. It includes discussion of the development of data management and reporting processes; the creation of a forecast team and the development of human capital; the implementation of a simple model, plus possible extensions; and the management of regular economic projections. We emphasize that it is better to implement simple models earlier and use them well, rather than wait in an attempt to develop an all-encompassing model. Mode of access: Internet Rose, David. Scott, Alasdair. IMF Working Papers; Working Paper ; No. 2009/065 Full text available on IMF http://elibrary.imf.org/view/journals/001/2009/065/001.2009.issue-065-en.xml IMF e-Library