The Specification, Estimation, and Simulation of a Small Global Macroeconomic Model

Malley, James R.

doi:10.22004/ag.econ.278268

The Specification, Estimation, and Simulation of a Small Global Macroeconomic Model

This report describes the structure and simulation properties of a small global macroeconomic model (SGM). Simulation experiments comparing SGM results with those of other world models suggest that SGM is a viable tool for macroeconomic policy analysis.

Keywords:

Forecasting ; macroeconomic model ; multipliers ; simulation

Subject(s):

Agricultural and Food Policy

Issue Date:

1990-03

Publication Type:

Report

DOI and Other Identifiers:

10.22004/ag.econ.278268

Record Identifier:

https://ageconsearch.umn.edu/record/278268