This working paper describes the new version of MODTRIM II, the FPB's quarterly macroeconomic model for short-term forecasting. The short-term forecasts are published three times a year and are referred to as the “economic budget”, as they are used by the federal government to set up its...

This working paper gives an overview of the Modtrim team's recent research in the field of Belgian exports and export markets. In the first chapter a new leading indicator is introduced as a supplementary tool to determine a growth profile for Belgium's potential export markets in the first...