Noname - A new quarterly model for Belgium

This paper gives an overview of the present version of the quarterly model for the Belgian economy built at the National Bank of Belgium (NBB). This model can provide quantitative input into the policy analysis and projection processes within a framework that has explicit micro-foundations and expectations. This new version is also compatible with the ESA95 national accounts. This model called Noname is relatively compact. The intertemporal optimisation problem of households and firms is subject to polynomial adjustment costs, which yields richer dynamic specifications than the more usual quad... Mehr ...

Verfasser: Jeanfils, Philippe
Burggraeve, Koen
Dokumenttyp: doc-type:workingPaper
Erscheinungsdatum: 2005
Verlag/Hrsg.: Brussels: National Bank of Belgium
Schlagwörter: ddc:330 / C5 / E2 / E3 / F41 / Econometric modelling / Pricing-to-market / CES production function / Wage bargaining / Polynomial adjustment costs / Rational expectations / Wirtschaftsprognose / Belgien / Ökonometrisches Modell
Sprache: Englisch
Permalink: https://search.fid-benelux.de/Record/base-28963138
Datenquelle: BASE; Originalkatalog
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Link(s) : http://hdl.handle.net/10419/144282