Price Determination in the Major Seven Country Models in INTERLINK

This paper presents new domestic price blocks for the major seven economies in INTERLINK, the Economics and Statistics Department's world econometric model. Theoretical, statistical and practical aspects of new behavioural price equations are discussed in a model context. Results from a variety...

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Detalles Bibliográficos
Autor principal: Stiehler, Ulrich (-)
Formato: Capítulo de libro electrónico
Idioma:Inglés
Publicado: Paris : OECD Publishing 1987.
Colección:OECD Economics Department Working Papers, no.44.
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706029306719
Descripción
Sumario:This paper presents new domestic price blocks for the major seven economies in INTERLINK, the Economics and Statistics Department's world econometric model. Theoretical, statistical and practical aspects of new behavioural price equations are discussed in a model context. Results from a variety of diagnostic simulations using the new price blocks are presented, suggesting some important improvements in the overall simulation properties of INTERLINK compared to previous versions ...
Descripción Física:1 online resource (62 p. )