02000cas a2200337 a 4500 AALejournalIMF022128 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498381819 1018-5941 BD-DhAAL BD-DhAAL Andrle, Michal. A Model-Based Analysis of Spillovers : The Case of Poland and the Euro Area / Michal Andrle, Roberto Garcia-Saltos, Giang Ho. Washington, D.C. : International Monetary Fund, 2014. 1 online resource (50 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 studies economic and financial spillovers from the euro area to Poland in a two-country semi-structural model. The model incorporates various channels of macrofinancial linkages and cross-border spillovers. We parameterize the model through an extensive calibration process, and provide a wide range of model properties and evaluation exercises. Simulation results suggest a prominent role of foreign demand shocks (euro area and global) in driving Poland's output, inflation and interest rate dynamics, particularly in recent years. Our model also has the capability for medium-term conditional forecasting and policy analysis. Mode of access: Internet Core Inflation imf Demand Shock imf Interest Rate imf Monetary Policy imf WP imf Poland, Republic of imf Garcia-Saltos, Roberto. Ho, Giang. IMF Working Papers; Working Paper ; No. 2014/186 Full text available on IMF http://elibrary.imf.org/view/journals/001/2014/186/001.2014.issue-186-en.xml IMF e-Library