OECD Economics Department Working Papers
The views expressed in these papers are those of the author(s) and do not necessarily reflect those of the OECD or of the governments of its member countries.
- Forthcoming titles
- ISSN : 18151973 (en ligne)
- https://doi.org/10.1787/18151973
Price Determination in the Major Seven Country Models in INTERLINK
This paper presents new domestic price blocks for the major seven economies in INTERLINK, the Economics and Statistics Department's world econometric model. Theoretical, statistical and practical aspects of new behavioural price equations are discussed in a model context. Results from a variety of diagnostic simulations using the new price blocks are presented, suggesting some important improvements in the overall simulation properties of INTERLINK compared to previous versions ...
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