|
| |
N° 2001 - 15 |
  |
| December |
| MARMOTTE: a Multinational Model |
CEPII
CEPREMAP |
|
MARMOTTE is an annual multinational model
of 17 OECD countries focussing on the medium term. Each country is modelled by
a system of about 50 equations. This rational expectations model has strong microeconomic
foundations as most of the behavioural equations result from inter-temporal optimisation.
Due to these characteristics, the simulation results are easy to interpret. This
model is currently used under the framework of a European Network to investigate
the international transmission of shocks as well as to analyse the consequences
of economic policy in the euro area.
|
Abstract |
| |
|
| Dynamic general equilibrium models, perfect
foresight, putty-clay technology, macro econometric modelling. |
Keywords |
| C51, C68, E1, D58. |
JEL classification |
| |
|
| To visualise the full text document, use Acrobat
Reader |
Full
text (pdf) |
|
|
| |
|
|
|
|
|
