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Books Books 1 - 10 of about 45 related to U.K. Inflation and Relative Prices Over the Last Decade: How Important was ....    

The Declining Importance of Tradable Goods Manufacturing ..., Issues 2009-2016

Ben Hunt - Economic development - 2009 - 15 pages
In this paper, the IMF's new Global Economy Model (GEM) is used to estimate the contribution of unbalanced growth to the decline in the share of goods production in Australia ...
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Gem: A New International Macroeconomic Model

Ivan Tchakarov, Tamim Bayoumi, Philippe D. Karam, Ben Hunt, Jaewoo Lee, Hamid Faruqee, Douglas Laxton, Alessandro Rebucci - Business & Economics - 2004 - 113 pages
Over the past two years, the IMF staff has been developing a new multicountry macroeconomic model called the Global Economy Model (GEM). This paper explains why such a model is ...
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Inflation Targeting Under Potential Output Uncertainty, Issues 2000-2158

Victor Gaiduch, Ben Hunt - Industrial productivity - 2000 - 28 pages
To achieve their price stability objectives, many monetary authorities use the gap between current and potential output as an indicator of future price pressures. This policy ...
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U.S. Inflation Dynamics: What Drives Them Over Different ..., Issues 2006-2159

Business cycles - 2006 - 27 pages
This paper aims to improve the understanding of U.S. inflation dynamics by separating out structural from cyclical effects using frequency domain techniques. Most empirical ...
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Oil Price Shocks: Can They Account for the Stagflation in The 1970S?

Ben Hunt - Business & Economics - 2005 - 22 pages
Using a variant of the IMF's Global Economy Model (GEM), featuring energy as both an intermediate input into production and a final consumption good, this paper examines the ...
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The U. S. Dollar and the Trade Deficit: What Accounts for the Late 1990S?

Ben Hunt, Alessandro Rebucci - Business & Economics - 2003 - 108 pages
Based on a version of the IMF’s new Global Economic Model (GEM), calibrated to analyze macroeconomic interdependence between the United States and the rest of the world, this ...
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The Zero Interest Rate Floor (ZIF) and Its Implications ..., Issues 2001-2186

Ben Hunt, Douglas Laxton - Finance - 2001 - 36 pages
This paper uses the IMF's macroeconomic model MULTIMOD to examine the implications of the zero-interest-rate floor (ZIF) for the design of monetary policy in Japan. Similar to ...
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The Golden Rule and the Economic Cycles, Issues 2007-2199

Keiko Honjo - Business cycles - 2007 - 23 pages
The present formulation of the golden rule in the United Kingdom allows fiscal performance to be tested explicitly on an ex-post basis. However, it requires precise dating of ...
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