The Core of a Macro-economic Model for Estonia
AbstractThis article presents a macro-econometric model for Estonia currently developed at the Bank of Estonia. It is based on a basic macro-economic framework that integrates both supply and demand side components. With this model we analyse the policy that should be implemented to maintain sustainable growth. The main emphasis is on the need to continue tough fiscal policy in order to maintain public deficit, as well as to avoid inflationary pressures and keep Estonia attractive to foreign investors.
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Bibliographic InfoPaper provided by Bank of Estonia in its series Bank of Estonia Working Papers with number 2002-06.
Length: 49 pages
Date of creation: 20 Oct 2002
Date of revision: 13 Oct 2002
Publication status: published
Postal: Estonia bld. 13, 15095 Tallinn, ESTONIA
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-07-25 (All new papers)
- NEP-MAC-2005-07-25 (Macroeconomics)
- NEP-TRA-2005-07-25 (Transition Economics)
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