Working Paper 13-13 - A new version of the HERMES model - HERMES III
This Working Paper is aimed at describing the current version of Federal Planning Bureau's medium-term macrosectoral model, named HERMES. This model is used to produce on a regular basis medium-term outlooks for the Belgian economy. In addition to the main macroeconomic aggregates (GDP, private consumption, external trade, investments,…), those outlooks also concern labour market aggregates, detailed public finances, energy consumption and greenhouse gas emissions. The HERMES model is also used to compute the impact of policy measures and external shocks on the Belgian economy.
|Date of creation:||08 Nov 2013|
|Date of revision:|
|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
References listed on IDEAS
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.:
- Christophe Planas & Werner Roeger & Alessandro Rossi, 2010. "Does capacity utilisation help estimating the TFP cycle?," European Economy - Economic Papers 410, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Blundell, Richard & Pashardes, Panos & Weber, Guglielmo, 1993. "What Do We Learn About Consumer Demand Patterns from Micro Data?," American Economic Review, American Economic Association, vol. 83(3), pages 570-97, June.
- Solveig K. Erlandsen & Ragnar Nymoen, 2004.
"Consumption and population age structure,"
2004/22, Norges Bank.
- Deaton, Angus S & Muellbauer, John, 1980. "An Almost Ideal Demand System," American Economic Review, American Economic Association, vol. 70(3), pages 312-26, June.
- Ingo Borchert & Aaditya Mattoo, 2009.
"The Crisis Resilience of Services Trade,"
World Bank Other Operational Studies
11123, The World Bank.
- Francesca D'Auria & CÃ©cile Denis & Karel Havik & Kieran Mc Morrow & Christophe Planas & Rafal Raciborski & Werner Roger & Alessandro Rossi, 2010. "The production function methodology for calculating potential growth rates and output gaps," European Economy - Economic Papers 420, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Vuong, Quang H, 1989. "Likelihood Ratio Tests for Model Selection and Non-nested Hypotheses," Econometrica, Econometric Society, vol. 57(2), pages 307-33, March.
When requesting a correction, please mention this item's handle: RePEc:fpb:wpaper:1313. 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.