information regarding the period 1989-2004. Since the input-output tables are defined yearly, the model contains only annual … one discusses a possible scenario for the Romanian economy during 2005-2010. A set of simulations is presented in the …

especially complicated. The notion “econometric model” is used in the following meaning: as a set of interdependent equations … modeller’s image about functional relations among respective series. If the model reflects a “given class of statistical data …

information regarding the period 1989-2004. Since the input-output tables are defined yearly, the model contains only annual … one discusses a possible scenario for the Romanian economy during 2005-2010. A set of simulations is presented in the …

during 1996-2003). At the same time, this model introduces some methodological and informational improvements, in comparison …) economy. Since the input-output tables are defined yearly, the model contains only annual indicators. They are expressed in … contains a set of simulations revealing some operational features of the macromodel. …

a well-suited macroeconomic model for analysing fiscal policy at a central bank is of primary importance. This paper … documents the fiscal block of the ECB-BASE, which is a semi-structural model for the euro area developed at the ECB for … links to the quarterly fiscal accounts. Thanks to this design, it is possible to simulate the model with a wide range of …

a well-suited macroeconomic model for analysing fiscal policy at a central bank is of primary importance. This paper … documents the fiscal block of the ECB-BASE, which is a semi-structural model for the euro area developed at the ECB for … links to the quarterly fiscal accounts. Thanks to this design, it is possible to simulate the model with a wide range of …

chapter discusses the conceptual framework of the macromodel used for simulations, insisting on the behavioural (stochastic …

Macromodel. The model uses annual Input- Output (I-O) tables, behavioral analysis and support estimation equations for technical … coefficients, macro indicators and other variables. The I-O Model is based on the Romanian I-O tables and the methodology developed … by Wassily Leontief (Nobel laureate in Economics, 1973). The model databases uses the 1989-2009 I-O tables and data …

This paper presents the blueprint of a new ECB multi-country model. The version documented in the following pages is … model mechanisms, enlarge the suite of area wide tools, and provide a tool for a top down approach between euro area and … country modelling. The model converges to a well-defined steady state and its properties are in line with macroeconomic theory …