Michal Andrle is a senior economist at the IMF Research Department. Before joining the IMF, Michal was a member of the New Area-Wide Model team at the ECB and of the modeling team at the Czech National Bank (CNB).

Personal WebPage: www.michalandrle.com

Previous Experience:

IMF Research Department (2010+)

European Central Bank, DG Research (NAWM Team) -- 2009

Czech National Bank, Monetary and Statistics Section (2006 -- 2009)

Ministry of Finance of the Czech Republic (2001 -- 2006)

Field of Expertise:

Monetary Policy

International Finance

Economic Modeling

Macro-Financial Issues

Michal Andrle is a senior economist at the IMF Research Department. Before joining the IMF, Michal was a member of the New Area-Wide Model team at the ECB and of the modeling team at the Czech National Bank (CNB).

Personal WebPage: www.michalandrle.com

Previous Experience:

IMF Research Department (2010+)

European Central Bank, DG Research (NAWM Team) -- 2009

Czech National Bank, Monetary and Statistics Section (2006 -- 2009)

Ministry of Finance of the Czech Republic (2001 -- 2006)

Field of Expertise:

Monetary Policy

International Finance

Economic Modeling

Macro-Financial Issues

IMF Books and Working Papers:

Assessing House Prices in Canada, Working Paper No. 19/248, November 15, 2019

Assessing House Prices with Prudential and Valuation Measures, Working Paper No. 19/59, March 18, 2019

The Present Value of Corporate Profits: A Forecasters' Survey Perspective, Working Paper No. 19/12, January 16, 2019

Italy: Toward a Growth-Friendly Fiscal Reform, Working Paper No. 18/59, March 16, 2018

Italy: Quantifying the Benefits of a Comprehensive Reform Package, Working Paper No. 18/60, March 16, 2018

Banks’ Adjustment to Basel III Reform : A Bank-Level Perspective for Emerging Europe, Working Paper No. 17/24, February 10, 2017

Output and Inflation Co-movement : An Update on Business-Cycle Stylized Facts, Working Paper No. 16/241, December 13, 2016

System Priors for Econometric Time Series, Working Paper No. 16/231, November 17, 2016

Banks in The Global Integrated Monetary and Fiscal Model, Working Paper No. 15/150, July 10, 2015

Reforming Fiscal Governance in the European Union, Staff Discussion Notes No. 15/9, May 21, 2015

The Flexible System of Global Models – FSGM, Working Paper No. 15/64, March 20, 2015

A Model-Based Analysis of Spillovers: The Case of Poland and the Euro Area, Working Paper No. 14/186, October 17, 2014

System Priors: Formulating Priors about DSGE Models' Properties, Working Paper No. 13/257, December 19, 2013

Money Targeting in a Modern Forecasting and Policy Analysis System: an Application to Kenya, Working Paper No. 13/239, November 25, 2013

The Role of Domestic and External Shocks in Poland: Results from an Agnostic Estimation Procedure, Working Paper No. 13/220, October 29, 2013

Inflation and Output Comovement in the Euro Area : Love at Second Sight?, Working Paper No. 13/192, September 11, 2013

What Is in Your Output Gap? Unified Framework & Decomposition into Observables, Working Paper No. 13/105, May 10, 2013

Understanding DSGE Filters in Forecasting and Policy Analysis, Working Paper No. 13/98, May 08, 2013

Forecasting and Monetary Policy Analysis in Low-Income Countries : Food and non-Food Inflation in Kenya, Working Paper No. 13/61, March 07, 2013

As You sow so Shall You Reap : Public Investment Surges, Growth, and Debt Sustainability in togo, Working Paper No. 12/127, May 01, 2012

Adding Indonesia to the Global Projection Model, Working Paper No. 09/253, November 01, 2009