01788cas a2200241 a 4500 AALejournalIMF015583 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513537429 1018-5941 BD-DhAAL BD-DhAAL Vitek, Francis. Macrofinancial Analysis in the World Economy : A Panel Dynamic Stochastic General Equilibrium Approach / Francis Vitek. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (112 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 develops a structural macroeconometric model of the world economy, disaggregated into forty national economies. This panel dynamic stochastic general equilibrium model features a range of nominal and real rigidities, extensive macrofinancial linkages, and diverse spillover transmission channels. A variety of monetary policy analysis, fiscal policy analysis, macroprudential policy analysis, spillover analysis, and forecasting applications of the estimated model are demonstrated. These include quantifying the monetary, fiscal and macroprudential transmission mechanisms, accounting for business cycle fluctuations, and generating relatively accurate forecasts of inflation and output growth. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2015/227 Full text available on IMF http://elibrary.imf.org/view/journals/001/2015/227/001.2015.issue-227-en.xml IMF e-Library