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339.9 --- Buitenlandse economische betrekkingen. Internationale economische betrekkingen --- Theses --- 339.9 Buitenlandse economische betrekkingen. Internationale economische betrekkingen

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Economic growth

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This is the fifth of a series of papers that are being written as part of a larger project to estimate a small quarterly Global Projection Model (GPM). The GPM project is designed to improve the toolkit to which economists have access for studying both own-country and cross-country linkages. In this paper, we add Indonesia to a previously estimated small quarterly projection model of the US, euro area, and Japanese economies. The model is estimated with Bayesian techniques, which provide a very efficient way of imposing restrictions to produce both plausible dynamics and sensible forecasting properties.

Business & Economics --- Economic Theory --- Economic forecasting --- Inflation (Finance) --- Monetary policy --- Econometric models. --- Monetary management --- Economics --- Forecasting --- Economic policy --- Currency boards --- Money supply --- Finance --- Natural rate of unemployment --- Economic indicators --- Banks and Banking --- Foreign Exchange --- Inflation --- Production and Operations Management --- Price Level --- Deflation --- Macroeconomics: Production --- Interest Rates: Determination, Term Structure, and Effects --- Macroeconomics --- Currency --- Foreign exchange --- Real exchange rates --- Output gap --- Real interest rates --- Short term interest rates --- Prices --- Production --- Economic theory --- Interest rates --- United States

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