LARGE ECONOMETRIC MODELS FOR THE PERIOD OF TRANSITION (THE POLISH CASE)

Wladyslaw Welfe
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Wladyslaw Welfe: University of Łodż, Institute of Econometrics and Statistics, Poland

Chapter 5 in Link Proceedings 1991, 1992:Selected Papers from Meetings in Moscow, 1991, and Ankara, 1992, 1998, pp 85-116 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionThe Macroeconometric Model W5 of the Polish EconomyThe Basic Specifications of EquationsProducerInvestorsHouseholdsPublic institutions and other aggregatesForeign tradeFinancial sectorPricesNationwide economy mechanisms and feedbacksScenario Analysis. Selected ExamplesIntroductionThe scenarios of growth based on the supply version of the W5 modelThe scenarios based on the demand version of the W5 modelInflation scenariosFinal CommentsReferences

Date: 1998
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