A Large Open Economy Model to Assess Macroeconomic Policy Performance in Japan
This paper develops and estimates a dynamic stochastic general equilibrium (DSGE) model representing several key characteristics of Japan, namely, a large open economy,
This paper develops and estimates a dynamic stochastic general equilibrium (DSGE) model representing several key characteristics of Japan, namely, a large open economy,
Brunei’s economy is expected to strengthen further this year after a strong recovery in 2023, mainly supported by robust activities in the non-oil & gas sector.
The near-term outlook for the Korean economy has improved, supported by the recovery of exports, and inflation is expected to decline further toward the target.
This paper estimates and simulates a small open economy model for assessing Korea's monetary and fiscal policy performance between 2005 and 2022.
This paper develops a prototype macroeconomic model for assessing monetary and fiscal policy in the Philippines.
AMRO Group Head and Lead Economist Kevin Cheng discusses Singapore's tight monetary policy stance in helping to manage the country's elevated inflation over the past two years.
This paper develops a prototype macroeconomic model for assessing monetary and fiscal policy in a small emerging-market open economy. We then use this model to evaluate the performance of monetary and fiscal policies in Malaysia between 2005 and 2021.
How did Malaysia manage to contain inflation without keeping monetary policy so tight as to stifle growth? The answer lies in a skillful mix of policy measures.
The Malaysian economy rebounded strongly in 2022 driven by a strong recovery in domestic demand and robust export growth.
Inflation has made a comeback in Japan, with the CPI surging as high as 4.3% this year, a level unseen for three decades. What should the BOJ do to strike a balance between stimulating economic growth and ensuring price stability?