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, exchang...
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| Format: | eBook |
| Language: | English |
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Paris
OECD Publishing
2001
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| Series: | OECD Economics Department Working Papers
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| Collection: | OECD Books and Papers - Collection details see MPG.ReNa |
| Summary: | 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 .. |
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| Physical Description: | 35 p. 21 x 29.7cm |