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Some selected simulation experiments with the European Commission’s QUEST model - Werner Röger and Jan in ’t Veld

Werner Röger and Jan in ’t Veld

Some selected simulation experiments with the European Commission’s QUEST model - Werner Röger and Jan in ’t Veldpdf(231 kB) Choose translations of the previous link 

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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