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Some selected simulation experiments with the European Commission’s QUEST model - Werner Röger and Jan in ’t Veld
Author(s): Werner Röger and Jan in ’t Veld
Some selected simulation experiments with the European Commission’s QUEST model - Werner Röger and Jan in ’t Veld (236 kB)
This paper presents a set of simulation experiments using the European Commission’s QUEST model to evaluate the effects of policy impulses and permanent supply side shocks in the four major EU economies. The simulation analysis illustrates the transmission mechanisms of specific monetary and fiscal policy shocks as well as two examples of permanent supply shocks.
(European Economy. Economic Papers 178. October 2002.
Brussels. 40pp. Tab. Free.)
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