81 KB1528 KB126 KB2023Damjanović, Milan1 spletni vir (1 datoteka PDF (75 str.))COBISSID:149799427ISBN:978-961-6960-80-9URN:URN:NBN:SI:doc-6GAD7XDUenBanka SlovenijeknjigeSlovene quarterly macroeconomic model| overview and properties|This paper presents an overview and properties of the new quarterly macroeconomic model for Slovenia (SiQM). By design and structure, the model follows a country version of the ECB-BASE, the workhorse institutional model of the ECB. The model is intended to be used for forecasting purposes within the Eurosystem Broad Macroeconomic Projection Exercises (BMPEs) and to be applied regularly to other policy questions relevant for Banka Slovenije. Given the intended use, Basic Model Elasticities (BMEs), a tool used for updating projections during the BMPE process, appear as a natural benchmark to evaluate the properties of the new model and to validate its future use. The SIQM exhibits properties that are underpinned by theoretical and empirical regularities and are in a quantitative sense comparable to a selected set of benchmarksTEXTknjigebooksSlovenian National E-content AggregatorNational and University Library of Slovenia