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Recent Developments in OECD's International Macroeconomic Model, Pete Richardson

Abstract
This paper summarizes recent empirical studies contributing towards the OECD Secretariat INTERLINK world macroeconomic model. For a number of topics, it reviews work which is described in more detail in recent Economics and Statistics Department Working Papers. It also covers a number of areas where recent changes have been relatively less substantial in terms of changes in model structure, but nonetheless influential in the evolution of model properties. A final section reviews current Secretariat macroeconometric modelling work which is yet to be implemented in the model and also discusses possible future developments. A separate companion paper, ESD Working Paper No. 47, analyses the single- and multi-country simulation properties of a recent version of the model, one which includes most of the research reported here ..
Language
eng
Literary Form
non fiction
Physical Description
1 online resource (40 p. )
Specific Material Designation
remote
Form Of Item
online

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