Some selected simulation experiments with the European Commission's QUEST model
AbstractThis 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.
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Bibliographic InfoPaper provided by Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission in its series European Economy - Economic Papers with number 178.
Length: 40 pages
Date of creation: Oct 2002
Date of revision:
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QUEST model; supply side shocks; monetary and fiscal policy; R�ger; in 't Veld;
Other versions of this item:
- Roeger, Werner & in 't Veld, Jan, 2004. "Some selected simulation experiments with the European commission's QUEST model," Economic Modelling, Elsevier, vol. 21(5), pages 785-832, September.
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