THE DETAILS OF CONSTRUCTION AND APPLICATION OF EUROPEAN COMMISSION MACROMODEL QUEST III WITH EXTENDED FISCAL BLOCK

In this paper we provide detailed derivation of dynamic stochastic general equilibrium model QUEST III that was developed under European Commission project. The principal feature of the model is the presence of both monetary and extended fiscal blocks. In particular, Central Bank sets interest rate...

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Bibliographic Details
Main Authors: I. Lukianenko, Roman Semko
Format: Article
Language:deu
Published: Publishing Center "Kyiv University" 2015-10-01
Series:Vìsnik. Kiïvsʹkogo Nacìonalʹnogo Unìversitetu ìmenì Tarasa Ševčenka. Ekonomìka
Subjects:
Online Access:http://bulletin-econom.univ.kiev.ua/wp-content/plugins/download-attachments/includes/download.php?id=7424