Koji, HAMADA; Masahiro, HORI; Takashi, HANAGAKI; … - Economic and Social Research Institute (ESRI), Cabinet … - 2015
This paper describes the basic structure and multipliers of the 2015 version of The ESRI Short-Run Macroeconometric Model of the Japanese Economy, which was first released in 1998. The model is basically a demand-oriented, traditional Keynesian model with IS-LM-BP framework; however, it adopts...