Some selected simulation experiments with the European Commission’s QUEST model

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Series Details No.178, November 2002
Publication Date November 2002
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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.
Source Link http://ec.europa.eu/economy_finance/publications/publication_summary1794_en.htm
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http://ec.europa.eu/comm/economy_finance/publications/economic_papers/2002/ecp178en.pdf http://ec.europa.eu/comm/economy_finance/publications/economic_papers/2002/ecp178en.pdf
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