List of contributors; 1. Introduction Sean Holly and Martin Weale; 2.
Economic forecasting in the face of structural breaks David F. Hendry and
Michael P. Clements; 3. The Treasury's forecasts of GDP and the RPI: how
have they changed and what are the uncertainties? Chris Melliss and Rod
Whittaker; 4. General equilibrium modelling of UK tax policy Keshab
Bhattarai and John Whalley; 5. A structural cointegrating VAR approach to
macroeconometric modelling Anthony Garratt, Kevin Lee, M. Hashem Pesaran
and Yongcheol Shin; 6. Unemployment, the natural rate and structural change
Jennifer V. Greenslade, Stephen G. Hall, J. Nixon, S. G. Brian Henry and
James Nixon; 7. Macroeconomic models at the Bank of England Paul Fisher and
John Whitley; 8. Estimated stabilisation costs of the EMU Ray C. Fair; 9.
Optimal monetary policy Andrew P. Blake, Martin Weale and Garry Young; 10.
How tough should monetary policy be if inflation is forward looking?
Campbell B. Leith and Simon Wren-Lewis; 11. Technical progress and the
natural rate in models of the UK economy Keith B. Church, Peter R.
Mitchell, Joanne E. Sault and Kenneth F. Wallis; 12. The conduct of
monetary policy when the business cycle is non-linear Steven Cook, Sean
Holly and Paul Turner.
