Hervé, Karine; Pain, Nigel; Richardson, Pete; … - In: Economic Modelling 28 (2011) 1-2, pp. 589-601
This paper provides a summary of the OECD's new global macroeconometric model, including an overview of model structure and a selection of simulations illustrating its main properties. Compared with its predecessors, the new model is more compact and regionally aggregated, but gives more weight...