A RMSM-X model for Turkey

Luc Everaert, Fernando Garcia-Pinto and Jaume Ventura

No 486, Policy Research Working Paper Series from The World Bank

Abstract: To improve the Bank's macroeconomic modeling capabilities, a continuum of macro models referred to as RMSM-X and RMSM-XX are being developed. These models share a common accounting framework that ensures economic consistency among economic sectors. This paper shows how to specify the budget constraints and market clearing conditions in a RMSM-X model for Turkey. An overview of the system defined by the RMSM-X model, the debt module (DM) and the data base is presented, along with a detailed explanation of the theoretical model. Alternative closure rules are discussed and the debt model is presented. This paper also includes annexes which present a complete set of historical data and an explanation of how the data was constructed.

Keywords: Economic Theory&Research; Environmental Economics&Policies; Banks&Banking Reform; Economic Stabilization; Financial Intermediation (search for similar items in EconPapers)
Date: 1990-08-31
References: View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
http://www-wds.worldbank.org/external/default/WDSC ... d/PDF/multi0page.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:486

Access Statistics for this paper

More papers in Policy Research Working Paper Series from The World Bank 1818 H Street, N.W., Washington, DC 20433. Contact information at EDIRC.
Bibliographic data for series maintained by Roula I. Yazigi ().