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Working Paper 05-14 - A new version of MODTRIM II - An overview of the model for short-term forecasts

Author

Listed:
  • Bart De Ketelbutter
  • Ludovic Dobbelaere
  • Igor Lebrun
  • Filip Vanhorebeek

Abstract

This working paper describes the new version of MODTRIM II, the FPB's quarterly macroeconomic model for short-term forecasting. The short-term forecasts are published three times a year and are referred to as the "economic budget", as they are used by the federal government to set up its budget and to perform budgetary control exercises. The objective of this working paper is not to provide a complete description of the model, but to focus on the specification and estimation results of the behavioural equations.

Suggested Citation

  • Bart De Ketelbutter & Ludovic Dobbelaere & Igor Lebrun & Filip Vanhorebeek, 2014. "Working Paper 05-14 - A new version of MODTRIM II - An overview of the model for short-term forecasts," Working Papers 201405, Federal Planning Bureau, Belgium.
    • Handle: RePEc:fpb:wpaper:201405
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