QUEST was designed to analyse the economies in the member states of the European Union and their interactions with the rest of the world, especially with the United States and Japan. The focus of the model is oc the transmission of the effects of economic policy both on the domestic and interantional economy. THe model was primarily constructed to serve as a tool for policy simulation; less emphasis was put on its ability to serve as a forecasting tool.
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Paper provided by Commission of the EC, Directorate-General for Economic and Financial Affairs (DG ECFIN) in its series European Economy - Economic Papers with number
123.
Find related papers by JEL classification: C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
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