This book contains details of the economic modelling tools that help the MPC in its work. These are being published in a comprehensive volume with the aim of further improving the understanding and transparency of monetary policy. (*)
The book is available below in PDF format.
The price of the book is £10.00 plus p&p. Details of how to purchase, or any further information about the publication, may be obtained by contacting:
Bank of England
Tel: +44 (0)20 7601 4030
Fax: +44 (0)20 7601 3298
Requests should be made in writing, enclosing the appropriate payment or telephone 020 7601 4030 quoting your credit card details. Prices for postage abroad vary, please contact Publications Team for further information.
(*) On 22 April 2004, the Bank issued an article entitled:
The New Bank of England Quarterly Model (See Key Resources below) describing a new macroeconomic model used to help prepare the Monetary Policy Committee's Quarterly economic projections.
The detailed technical specification of the model will be published later this year in a further update of 'Economic Models at the Bank of England'.