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Macroeconometric models have proven to be a useful tool in analyzing the economy-wide or sector-specific effects of policy measures. Simulations using these models have enabled planners and policymakers to trace through the effects of proposed policy changes or external shocks as well as...
Persistent link: https://www.econbiz.de/10011429665
Persistent link: https://www.econbiz.de/10001642629
Given new programs and policies in the Philippines, there is a need to formulate a macroeconometric model (MEM) to gain more insights on how the economy and its sectors are affected. This paper discusses the estimation of an annual MEM that will be used for policy analysis and forecasting with...
Persistent link: https://www.econbiz.de/10012210226
This scoping paper presents the current landscape of the Philippine macroeconometric models by reviewing the inventory of earlier studies. It finds that a there is a need to devise a new model for the Philippines considering that only two models are actively being used in policy simulations.
Persistent link: https://www.econbiz.de/10011819556
This scoping paper aims to present a summary of the past and present macroeconometric models of the Philippine economy. This paper looks at the various approaches and methodology used in modelling the economy. The various approaches were compared and contrasted in order to find the best possible...
Persistent link: https://www.econbiz.de/10011994053