Gabriel Fagan – Econometric Models of the Euro-area Central Banks

Description

Gabriel Fagan – Econometric Models of the Euro-area Central Banks

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Description

This book provides a description of the main macroeconomic models used by the European Central Bank and the euro area national central banks (Eurosystem).

These models are used to help prepare economic projections and scenario analysis for individual countries and the euro area as a whole.

The volume takes stock of the current macroeconometric modeling infrastructure available within the Eurosystem, highlighting not only the structures and main features of the models used but also their purposes and underlying model-building philosophies.

This is the first time that a comprehensive description and systematic comparison of the main macroeconomic models has been published.

This book will be of great interest to Central Bank and government economists, as well as academics, economists and students with an interest in central banking, econometric modeling, forecasting and macroeconomic policy.

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