Some selected simulation experiments with the European Commission's Quest model:
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Bibliographic Details
Main Authors: Röger, Werner (Author), Veld, Jan in 't 1962- (Author)
Format: Book
Language:English
Published: Brussels European Commission, Directorate-General for Economic and Financial Affairs 2002
Series:Economic papers 178
Subjects:
Abstract:This paper presents a set of simulation experiments using the European Commission's QUEST model to evaluate the effects of policy impulses and permanent supply side shocks in the four major EU economies. The simulation analysis illustrates the transmission mechanisms of specific monetary and fiscal policy shocks as well as two examples of permanent supply shocks.
Physical Description:37 S. graph. Darst.