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Examining the effects of anticipated policy actions: Results with the Finnish MICRO-QMED model

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  • Sulamaa, Pekka
  • Virén, Matti

Abstract

This paper reports 'some policy simulations which have been carried out with the Finnish MICRO-QMED model. This rational expectations model built at the Economics Department of Bank of Finland is used to evaluate the short-run effects some anticipated policy actions. The paper also contains a short description of the MICRO-QMED model as well as a short user's guide for the model and for the MIKRO-TEKO programme used in simulating the model.

Suggested Citation

  • Sulamaa, Pekka & Virén, Matti, 1989. "Examining the effects of anticipated policy actions: Results with the Finnish MICRO-QMED model," Bank of Finland Research Discussion Papers 35/1989, Bank of Finland.
    • Handle: RePEc:zbw:bofrdp:rdp1989_035
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    References listed on IDEAS

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    1. Pagan, Adrian, 1989. "On the role of simulation in the statistical evaluation of econometric models," Journal of Econometrics, Elsevier, vol. 40(1), pages 125-139, January.
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