A Simple Macrofiscal Model for Policy Analysis: an Application to Cambodia
Author | : Daniel Baksa |
Publisher | : |
Total Pages | : 37 |
Release | : 2020-09-25 |
ISBN-13 | : 1513556851 |
ISBN-10 | : 9781513556857 |
Rating | : 4/5 (57 Downloads) |
Download or read book A Simple Macrofiscal Model for Policy Analysis: an Application to Cambodia written by Daniel Baksa and published by . This book was released on 2020-09-25 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper describes a semistructural macrofiscal approach to simulating and forecasting macroeconomic policies. Our canonical model is adapted to Cambodia and we demonstrate its application with an illustrative scenario of macroeconomic effects of the Covid-19 pandemic. Complemented with near-term forecasting tools and expert judgment, the dynamics of the model helps to inform policymakers about medium-term transmission channels and thus guide policy advice.