Using an aggregate econometric model for the EU we investigate by simulation methods some dynamic paths of the European economy in the next five years under alternative hypotheses concerning the growth of world demand, the European currency/USD exchange rate, and the monetary policy.econometric model,simulation,structural change,European economy, monetary policy

Alberto Bagnai

Francesco Carlucci

English

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Dynamic paths of the European economy: simulations using an EU aggregate model

http://128.118.178.162/eps/em/papers/0206/0206001.pdf

Dynamic paths of the European economy: simulations using an EU aggregate model

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Research Papers in Economics