02172cas a2200337 a 4500 AALejournalIMF022145 230101c9999 xx r poo 0 0eng d 5.00 USD 9781589068711 1018-5941 BD-DhAAL BD-DhAAL Karam, Philippe. An Extended Quarterly Projection Model : Credit Cycle, Macrofinancial Linkages and Macroprudential Measures: The Case of the Philippines / Philippe Karam, Mikhail Pranovich, Jan Vlcek. Washington, D.C. : International Monetary Fund, 2021. 1 online resource (45 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 We extend a modern practical Quarterly Projection Model to study credit cycle dynamics and risks, focusing on macrofinancial linkages and the role of macroprudential policy in achieving economic and financial stability. We tailor the model to the Philippines and evaluate the model's properties along several dimensions. The model produces plausible dynamics and sensible forecasts. This along with its simplicity makes it useful for policy analysis. In particular, it should help policymakers understand the quantitative implications of responding to changes in domestic financial conditions, along with other shocks, through the joint use of macroprudential and monetary policies. Mode of access: Internet Credit Cycle Dynamics imf Monetary Policy imf Money and Interest Rates imf Philippines, Forecasting and Policy Analysis imf Policy Analysis imf Quantitative Policy Modeling imf Pranovich, Mikhail. Vlcek, Jan. IMF Working Papers; Working Paper ; No. 2021/256 Full text available on IMF http://elibrary.imf.org/view/journals/001/2021/256/001.2021.issue-256-en.xml IMF e-Library