A Small Global Forecasting Model

This paper describes the OECD’s new small global forecasting model for the three main OECD economic regions: the United States, the euro area, and Japan. The key variables – which include output, inflation, the trade balance, and import prices – are driven by monetary and fiscal policy, exchange rat...

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Detalles Bibliográficos
Autor principal: Rae, David (-)
Otros Autores: Turner, David
Formato: Capítulo de libro electrónico
Idioma:Inglés
Publicado: Paris : OECD Publishing 2001.
Colección:OECD Economics Department Working Papers, no.286.
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706110506719
Descripción
Sumario:This paper describes the OECD’s new small global forecasting model for the three main OECD economic regions: the United States, the euro area, and Japan. The key variables – which include output, inflation, the trade balance, and import prices – are driven by monetary and fiscal policy, exchange rates, and world demand. The projections from the model are used as a starting point to help animate the early stages of the OECD’s forecasting round. The model is essentially a demand-side model with a particular focus on the impact of global linkages and the transmission of influences between regions ...
Descripción Física:1 online resource (35 p. )