Working Paper 13-13 - A new version of the HERMES model - HERMES III

Delphine Bassilière, Didier Baudewyns, Francis Bossier, Ingrid Bracke, Igor Lebrun, Peter Stockman and Peter Willemé
Authors registered in the RePEc Author Service: Peter Willemé

Working Papers from Federal Planning Bureau, Belgium

Abstract: This Working Paper is aimed at describing the current version of Federal Planning Bureau's medium-term macrosectoral model, named HERMES. This model is used to produce on a regular basis medium-term outlooks for the Belgian economy. In addition to the main macroeconomic aggregates (GDP, private consumption, external trade, investments,…), those outlooks also concern labour market aggregates, detailed public finances, energy consumption and greenhouse gas emissions. The HERMES model is also used to compute the impact of policy measures and external shocks on the Belgian economy.

JEL-codes: C5 E1 E2 E6 H2 H5 J3 (search for similar items in EconPapers)
Date: 2013-11-08
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Persistent link: https://EconPapers.repec.org/RePEc:fpb:wpaper:201313

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