Working Paper 03-09 - S3BE : un modèle macroéconomique de long terme pour l’économie belge
Several legal missions from the Federal Planning Bureau require the construction of long-term macroeconomic scenarios for the Belgian economy. In order to increase the consistency of these scenarios and to build them within a rigorous theoretical framework, it appeared important to develop a new long-term model that considers economic growth as depending upon the supply of production factors.The theoretical structure of the model draws on similar work done by the Dutch CPB. In the working paper we detail the construction, the properties and the estimation of the parameters based upon quarterly data from the Belgian national accounts. The model should contribute for instance to the production of long-term macro-economic scenarios to evaluate the budgetary cost of ageing.
|Date of creation:||08 Apr 2009|
|Contact details of provider:|| Postal: Avenue des Arts, 47-49, B-1000 Bruxelles|
Phone: (32) 02/507.73.11
Fax: (32) 02/507.73.73
Web page: http://www.plan.be
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Cécile Denis & Daniel Grenouilleau & Kieran Mc Morrow & Werner Röger, 2006. "Calculating potential growth rates and output gaps - A revised production function approach," European Economy - Economic Papers 2008 - 2015 247, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Bart Hertveldt & Igor Lebrun, 2003. "Working Paper 06-03 - MODTRIM II : A quarterly model for the Belgian economy," Working Papers 0306, Federal Planning Bureau, Belgium.
- Ludovic Dobbelaere & Bart Hertveldt & Evelyne Hespel & Igor Lebrun, 2003.
"Working Paper 17-03 - Tout savoir sur la confection du budget économique
[Working Paper 17-03 - De opmaak van de economische begroting : een handleiding]," Working Papers 0317, Federal Planning Bureau, Belgium.
- Pierre-Olivier Beffy & Patrice Ollivaud & Pete Richardson & Franck Sédillot, 2006. "New OECD Methods for Supply-side and Medium-term Assessments: A Capital Services Approach," OECD Economics Department Working Papers 482, OECD Publishing.
- Koen Hendrickx & Christophe Joyeux & Luc Masure & Peter Stockman, 2003.
"Working Paper 13-03 - Un nouveau modèle macro-économétrique du marché du travail : estimation, simulation de base et simulations de politiques d’emploi
[Working Paper 13-03 - Een nieuw macro-econom," Working Papers 0313, Federal Planning Bureau, Belgium.
- Claude Giorno & Pete Richardson & Deborah Roseveare & Paul van den Noord, 1995. "Estimating Potential Output, Output Gaps and Structural Budget Balances," OECD Economics Department Working Papers 152, OECD Publishing.
- Francis Bossier & Ingrid Bracke & Sébastien Gillis & Filip Vanhorebeek, 2004.
"Working Paper 05-04 - Une nouvelle version du modèle HERMES
[Working Paper 05-04 - Een nieuwe versie van het HERMES-model]," Working Papers 0405, Federal Planning Bureau, Belgium.
When requesting a correction, please mention this item's handle: RePEc:fpb:wpaper:0903. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dominique van der Wal)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.