01599cas a2200241 a 4500 AALejournalIMF007063 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455219971 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Philippines : Selected Issues Paper. Washington, D.C. : International Monetary Fund, 2011. 1 online resource (39 pages) IMF Staff Country Reports <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 estimates potential growth in the Philippines using different methodologies, and discusses growth prospects for the medium term. Several approaches can be used to estimate potential growth. It also describes a forecasting and monetary policy analysis system (FPAS) model. Using the estimated parameters and distributions for the stochastic shocks, solutions are derived for the variability in inflation and the output gap under alternative monetary policy reaction functions. Further work could extend the FPAS model for the Philippines in a number of directions. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2011/058 Full text available on IMF http://elibrary.imf.org/view/journals/002/2011/058/002.2011.issue-058-en.xml IMF e-Library