We develop a stock-and-flow-consistent model for South Africa with four financial instruments and detailed balance …-founded, the model departs significantly from current dynamic stochastic general equilibrium models as it assumes bounded … and the real sector/financial sector interaction. In the model, cyclical flow changes affect the long-term real and …

debt with a policy-oriented perspective using Norwegian data over the last four decades within the cointegrated VAR model …

period 1975-2017, except for Germany (1991-2017), estimating a simultaneous system equations model. The Group of Seven …-run relationship between the examined variables applying the two-stage least squared method. Finally, a system equation model is … estimated for G7 countries applying a Monte Carlo simulation method, in order to find out the predictive ability of the equation …

This study presents a small macroeconometric model of the Philippines. The model covers the basic parts of the economy … are estimated in errorcorrection form (using ARDL methodology) on quarterly data from 2002 to 2017. The model's validity … is evaluated through various simulation exercises. It generates satisfactory in-sample and out-of-sample predictions for …

rate, and primary expenditure, showing the expanded model's policy simulation capabilities. The next steps for developing …This study presents a small macroeconometric model with a fiscal sector, extending the model presented in Debuque and … Corpus (2022). The model retains the original core blocks of domestic demand, international trade, employment, prices, and …