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MOSAÏQUE révélé : recueil de variantes et de simulations du modèle MOSAÏQUE

Author

Listed:
  • Valérie Chauvin
  • Eric Heyer
  • Xavier Timbeau

Abstract

[fre] L'OFCE a beaucoup utilisé le modèle MOSAÏQUE, durant les quinze années de son existence comme outil pour traiter des questions de politique économique et pour tenter de prévoir, plusieurs fois par année, le futur de Véconomie française. Cette représentation trimestrielle de Véconomie française est dans la lignée des grands modèles économétriques français.. La mise en évidence des propriétés variantielles du modèle et des indications quantitatives sur la transmission des chocs dans l'économie devrait faciliter la tâche des utilisateurs potentiels de modèles macroéconomiques français alors que les simulations fournissent des ordres de grandeur utiles pour l'analyse de la conjoncture et des politiques économiques. [eng] OFCE has been using the MOSAIQUE model intensively for fifteen years for both studying fiscal policy issues and forecasting. This quarterly model of the French economy belongs to the lineage of the French « big » econometrical models.. Our main aim is to present the characteristics of this model and give quantitative evaluations of the way shocks propagate in the economy. The knowledge of these characteristics should ease the task of potential users of this macro-model, whereas simulations provide useful magnitude order for the analysis of current economie outlook and fiscal policy.. Computing the multiplier shows the main characteristics of the model. Then, a first group of simulations has been conducted, to compare different tools of fiscal policy. Finally, twelve types of simulations were computed, which cover a wide range of shocks, on the demand or supply side, on behaviour, on fiscal policy.. JEL Codes : C5, E12, E17

Suggested Citation

  • Valérie Chauvin & Eric Heyer & Xavier Timbeau, 1999. "MOSAÏQUE révélé : recueil de variantes et de simulations du modèle MOSAÏQUE," Revue de l'OFCE, Programme National Persée, vol. 70(1), pages 193-236.
  • Handle: RePEc:prs:rvofce:ofce_0751-6614_1999_num_70_1_1695
    DOI: 10.3406/ofce.1999.1695
    Note: DOI:10.3406/ofce.1999.1695
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    Cited by:

    1. Gaël Dupont & Éric Heyer & Xavier Timbeau & Bruno Ventelou, 2001. "L'impact macroéconomique des réformes du secteur de santé français," Revue de l'OFCE, Presses de Sciences-Po, vol. 76(1), pages 117-138.
    2. Valérie Chauvin & Gaël Dupont & Éric Heyer & Mathieu Plane & Xavier Timbeau, 2002. "Le modèle France de l'OFCE. La nouvelle version : e-mod.fr," Revue de l'OFCE, Presses de Sciences-Po, vol. 81(2), pages 245-300.
    3. repec:hal:spmain:info:hdl:2441/1648 is not listed on IDEAS
    4. repec:hal:spmain:info:hdl:2441/1631 is not listed on IDEAS

    More about this item

    JEL classification:

    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • E17 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Forecasting and Simulation: Models and Applications

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