QUEST II. A Multi-Country Business Cycle and Growth Model



7$%/( $    ,7$/<


,QFUHDVH rI Lq 0RQH\ 7DUJHW


Year:

1

2

3

TOTAL.GDP %

0.60

0.33

0.

POT.PRIV.GDP %

0.14

0.06

0.

PRIV.CONS %

0.64

0.19

0.

PRIV.INV %

1.19

0.87

0.

TOT.PUBL.EXP %

0.44

0.43

0.

EXPORTS %

0.63

0.38

0.

IMPORTS %

0.73

0.29

0.

EMPLOYMENT %

0.15

0.04

-0.

REAL.WAGE.COSTS %

0.33

0.45

0.

PRICE.LEVEL %

0.40

0.66

0.

CONS.PRICE.LEVEL %

0.43

0.71

0.

DOLLAR.EXCH.RATE %

0.58

0.83

0.

REAL.EXCH.RATE %

0.18

0.17

0.

REAL.EFF.EXCH.RATE %

0.04

0.08

0.

MONEY %

1.01

0.99

1.

SHORT.RATE

0.36

0.16

0.

LONG.RATE

0.02

0.01

0.

REAL.SHORT.RATE

0.08

-0.03

-0.

INFLATION

0.40

0.26

0.

UNEMPL.RATE

-0.14

-0.03

0.

DEBT.TO.GDP

-0.22

0.05

0.

DEFG.TO.GDP

1.05

0.03

-0.

TRADE.BAL.TO.GDP

-0.04

0.01

0.


,QFUHDVH Lq *RYHUQPHQW

3XUFKDVHV

Year:

1

2

3

TOTAL.GDP %

0.63

0.19

0.

POT.PRIV.GDP %

0.18

0.07

0.

PRIV.CONS %

-0.23

-0.60

-0.

PRIV.INV %

0.81

-0.64

-1.

TOT.PUBL.EXP %

6.42

6.24

6.

EXPORTS %

-0.07

-0.17

-0.

IMPORTS %

1.42

1.06

0.

EMPLOYMENT %

0.20

0.07

0.

REAL.WAGE.COSTS %

0.27

0.28

0.

PRICE.LEVEL %

0.42

0.55

0.

CONS.PRICE.LEVEL %

0.33

0.43

0.

DOLLAR.EXCH.RATE %

-0.01

-0.01

-0.

REAL.EXCH.RATE %

-0.43

-0.56

-0.

REAL.EFF.EXCH.RATE %

-0.40

-0.53

-0.

MONEY %

1.03

0.68

0.

SHORT.RATE

0.00

0.00

0.

LONG.RATE

0.00

0.00

0.

REAL.SHORT.RATE

-0.17

-0.05

-0.

INFLATION

0.43

0.13

0.

UNEMPL.RATE

-0.17

-0.06

-0.

DEBT.TO.GDP

-0.49

0.96

2.

DEFG.TO.GDP

0.97

1.11

1.

TRADE.BAL.TO.GDP

Note: see Table A.1.

-0.33

-0.27

-0.


4

5

6

7

8

9

10

0.10

0.06

0.04

0.03

0.02

0.02

0.01

0.02

0.02

0.02

0.02

0.01

0.01

0.01

0.08

0.06

0.05

0.05

0.04

0.04

0.03

0.15

0.02

-0.02

-0.04

-0.05

-0.05

-0.04

0.13

0.09

0.06

0.05

0.05

0.04

0.04

0.16

0.11

0.09

0.08

0.07

0.07

0.06

0.08

0.05

0.04

0.04

0.03

0.03

0.03

-0.02

-0.02

-0.01

-0.01

-0.01

-0.01

-0.01

0.11

0.07

0.05

0.04

0.03

0.02

0.02

0.90

0.93

0.95

0.96

0.97

0.97

0.98

0.95

0.99

1.01

1.02

1.02

1.03

1.03

1.00

1.02

1.02

1.03

1.02

1.02

1.02

0.10

0.08

0.07

0.06

0.05

0.05

0.04

0.05

0.04

0.04

0.04

0.03

0.03

0.03

1.00

1.00

1.00

1.00

1.00

1.00

1.00

0.03

0.01

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

-0.02

-0.01

-0.01

-0.01

-0.01

-0.01

-0.01

0.08

0.04

0.02

0.01

0.01

0.00

0.00

0.02

0.01

0.01

0.01

0.01

0.01

0.01

0.02

0.01

0.01

0.00

0.00

0.00

0.00

-0.02

-0.01

-0.01

0.00

0.00

0.00

0.00

0.02

0.02

0.01

0.01

0.01

0.01

0.01


RI

*'3

4

5

6

7

8

9

10

-0.01

-0.03

-0.05

-0.07

-0.11

-0.15

-0.19

-0.01

-0.02

-0.05

-0.07

-0.10

-0.14

-0.18

-0.69

-0.67

-0.65

-0.64

-0.63

-0.62

-0.62

-1.21

-1.30

-1.50

-1.78

-2.09

-2.46

-2.85

6.20

6.31

6.28

6.18

6.08

5.98

5.85

-0.20

-0.20

-0.21

-0.21

-0.21

-0.20

-0.20

0.91

0.90

0.86

0.81

0.75

0.68

0.60

0.02

0.02

0.03

0.03

0.03

0.03

0.04

-0.03

-0.05

-0.07

-0.10

-0.14

-0.18

-0.27

0.59

0.58

0.58

0.58

0.58

0.58

0.57

0.45

0.44

0.44

0.44

0.44

0.44

0.43

-0.01

-0.01

-0.01

-0.01

-0.01

-0.01

-0.01

-0.59

-0.59

-0.59

-0.59

-0.59

-0.58

-0.57

-0.56

-0.56

-0.56

-0.56

-0.56

-0.55

-0.55

0.51

0.49

0.47

0.45

0.41

0.37

0.31

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.01

0.03

0.00

0.00

0.00

0.00

0.00

0.00

-0.01

-0.02

-0.02

-0.02

-0.03

-0.03

-0.03

-0.04

3.34

4.43

5.55

6.66

7.77

8.90

10.04

1.17

1.18

1.20

1.22

1.25

1.28

1.31

-0.25

-0.26

-0.25

-0.23

-0.21

-0.19

-0.17


39




More intriguing information

1. The name is absent
2. Une Gestion des ressources humaines à l'interface des organisations : vers une GRH territoriale ?
3. PERFORMANCE PREMISES FOR HUMAN RESOURCES FROM PUBLIC HEALTH ORGANIZATIONS IN ROMANIA
4. A Duality Approach to Testing the Economic Behaviour of Dairy-Marketing Co-operatives: The Case of Ireland
5. The name is absent
6. FUTURE TRADE RESEARCH AREAS THAT MATTER TO DEVELOPING COUNTRY POLICYMAKERS
7. Feeling Good about Giving: The Benefits (and Costs) of Self-Interested Charitable Behavior
8. Chebyshev polynomial approximation to approximate partial differential equations
9. The name is absent
10. The name is absent
11. The name is absent
12. Integration, Regional Specialization and Growth Differentials in EU Acceding Countries: Evidence from Hungary
13. The name is absent
14. Inflation and Inflation Uncertainty in the Euro Area
15. Cross-Country Evidence on the Link between the Level of Infrastructure and Capital Inflows
16. AGRICULTURAL TRADE LIBERALIZATION UNDER NAFTA: REPORTING ON THE REPORT CARD
17. SLA RESEARCH ON SELF-DIRECTION: THEORETICAL AND PRACTICAL ISSUES
18. Strategic Policy Options to Improve Irrigation Water Allocation Efficiency: Analysis on Egypt and Morocco
19. The name is absent
20. The name is absent