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Some selected simulation experiments with the European Commission's QUEST model

Werner Röger and Jan in 't Veld

No 178, European Economy - Economic Papers 2008 - 2015 from Directorate General Economic and Financial Affairs (DG ECFIN), European Commission

Abstract: This paper presents a set of simulation experiments using the European Commission's QUEST model to evaluate the effects of policy impulses and permanent supply side shocks in the four major EU economies. The simulation analysis illustrates the transmission mechanisms of specific monetary and fiscal policy shocks as well as two examples of permanent supply shocks.

Keywords: QUEST model; supply side shocks; monetary and fiscal policy; Röger; in 't Veld (search for similar items in EconPapers)
Pages: 40 pages
Date: 2002-10
References: Add references at CitEc
Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:euf:ecopap:0178

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