Introducing Exchange-Rate Equations into a World Econometric Model.
The National Institute of Economic and Social Research's world econimc forecasts are for the first time produced with the aid of a large quarterly econometric model. The model is based on the World Economic Prospects (WEP) model which has been operated and developed by economists in HM Treasury...
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| Format: | Journal article |
| Language: | English |
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1987
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| _version_ | 1797062159639773184 |
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| author | Wren-Lewis, S |
| author_facet | Wren-Lewis, S |
| author_sort | Wren-Lewis, S |
| collection | OXFORD |
| description | The National Institute of Economic and Social Research's world econimc forecasts are for the first time produced with the aid of a large quarterly econometric model. The model is based on the World Economic Prospects (WEP) model which has been operated and developed by economists in HM Treasury for more than a decade. However, exchange rates in WEP are exogenous, and this article discusses the estimation of an exchange-rate system for the model and its implications in terms of overall model properties. |
| first_indexed | 2024-03-06T20:41:36Z |
| format | Journal article |
| id | oxford-uuid:347acf4c-67ea-499f-8226-247b83ceee89 |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-06T20:41:36Z |
| publishDate | 1987 |
| record_format | dspace |
| spelling | oxford-uuid:347acf4c-67ea-499f-8226-247b83ceee892022-03-26T13:26:08ZIntroducing Exchange-Rate Equations into a World Econometric Model.Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:347acf4c-67ea-499f-8226-247b83ceee89EnglishDepartment of Economics - ePrints1987Wren-Lewis, SThe National Institute of Economic and Social Research's world econimc forecasts are for the first time produced with the aid of a large quarterly econometric model. The model is based on the World Economic Prospects (WEP) model which has been operated and developed by economists in HM Treasury for more than a decade. However, exchange rates in WEP are exogenous, and this article discusses the estimation of an exchange-rate system for the model and its implications in terms of overall model properties. |
| spellingShingle | Wren-Lewis, S Introducing Exchange-Rate Equations into a World Econometric Model. |
| title | Introducing Exchange-Rate Equations into a World Econometric Model. |
| title_full | Introducing Exchange-Rate Equations into a World Econometric Model. |
| title_fullStr | Introducing Exchange-Rate Equations into a World Econometric Model. |
| title_full_unstemmed | Introducing Exchange-Rate Equations into a World Econometric Model. |
| title_short | Introducing Exchange-Rate Equations into a World Econometric Model. |
| title_sort | introducing exchange rate equations into a world econometric model |
| work_keys_str_mv | AT wrenlewiss introducingexchangerateequationsintoaworldeconometricmodel |