model makroekonomiczny

The research will first examine the issues theoretically and then, where feasible, with the aid of existing macroeconomic models.

For this reason, macroeconomic models usually lump together different variables into a single quantity such as output or price.

In the late 1980s the Brookings institute compared 12 leading macroeconomic models available at the time.

Technology shocks are events in a macroeconomic model, that change the production function.

These institutions and sectors may be incorporated macroeconomic or multisectoral models.

Some macroeconomic models distinguish even more types of agents, such as workers and shoppers or commercial banks.

The group's recent research has led to a general policy optimization framework for large macroeconomic models.

Most macroeconomic models, in order to avoid the analysis of intermediate goods, use that notion.

This potential weakness has to be borne in mind when macroeconomic models are used as a basis for policy prescription.

More important, the macroeconomic models do not take future monetary policy into account.