Monetary Policy in the OECD INTERLINK Model
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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The international financial linkage block of the OECD Secretariat's multi-country model, INTERLINK, is based on a portfolio balance model of exchange rate determination. International consistency is ensured by cross country restrictions on parameters imposed during estimation (1). However, in an earlier version of the model, the specification of...
