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1 - 9 van 9 voor saffier variables
memo248.pdf
... system gamma 34 b the circular flow 36 b.1 relations between saffier and gamma variables 36 b.2 definitions saffier variables 38 c update government finance department 39 d relation categorial and functional ... ng ws ff appendix b the circular flow b.1 relations between saffier and gamma variables the right hand side variables are saffier variables. goods -ch -c wn ; 36 -i -i wn - n wn ; -cg ...
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Athena
... frequently using error correction mechanisms estimated with cointegration techniques. equilibrium is reached by variables representing tension on the labour market (the unemployment rate) and goods markets (utilization ... of the public sector is analogous to the modelling in the saffier model. some exogenous variables in saffier are made endogenous in athena to guarantee stable developments of public ...
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Microsoft Word - cpbdoc219.doc
... years. this paper describes the revised composition leading indicator. on the basis of 29 variables, it gives information for the next twelve months of the cyclical development in ... crisis niet adequaat zou hebben voorspeld. . inleiding kortetermijnramingen voor de nederlandse economie speelt kwartaalmodel saffier een centrale maakt daarbij ook gebruik van andere instrumenten; een daarvan is de ...
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linkages between financial and real sector economy pdf
... models 31 3.3 relation to cpb models 35 3.3.1 saffier 35 3.3.2 cpb's dsge model 36 3.4 ... . the timing of the response paths of variables following a monetary policy shock shows that some real variables only start to move when interest rates are ... and the financial accelerator emerges as argued already above. the key model variables in this mechanism. the literature reviewed there does not focus on ...
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memo227.pdf
... the us. at cpb we currently use a large macro model, saffier, for both policy analysis and forecasting (see kranendonk and verbruggen ... if o t appendix b model variables and parameters table b.1 model variables namea typeb endogenous variables technology a 4 government bonds ... costs pcosts 3 46 table b.2 model variables, continued namea typeb endogenous variables capital adjustment cost 4 firm value q ...
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Microsoft Word - discussion55.doc
... around 30 seconds to calculate the current quarterly model, saffier, which contains around 2,400 equations and 2,850 variables, for 400 years; and the calculation itself actually ... modern economic theories. these theories were used to identify cointegrating relations between the variables, describing the structural equilibrium of the economy. errors correction mechanisms (ecm) were employed ...
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optimality expert adjusted forecasts pdf
... of both a and m , the test statistics of eight of the ten variables are insignificant. for two variables (employment and contractual wages), the p-value in specific situations is lower then ... , 1986, forecasting economic time series, san diego academic press. kranendonk, h. and j. verbruggen, 2007, saffier a multi-purpose model of the dutch economy for short-term and medium-term analyses ...
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varieties-and-terms-trade.pdf
... equilibrium model sigma (see e g. gagnon (2008)) and the macro-econometric model of cpb, saffier (see kranendonk and verbruggen (2007)), incorporate this effect. recently however, models such as peretto and ... adjustment, and after a shock, adjustment to the new equilibrium is immediate. in equilibrium all variables are constant, and thus, by equation 2.13, the interest r always equals the utility ...
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Microsoft Word - voorblad.docx
... such as trading volume, prices, and volatility. we then study how changes in these variables impact macroeconomic variables such as gdp, investments or industrial production. to the extent that the tax raises ... stock index futures, journal of futures markets, vol. 26 (12), pp. 1195 1216. cpb, 2010, saffier ii 1 model voor de nederlandse economie, in 2 hoedanigheden, voor 3 toepassingen, cpb document ...
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