EVALUATION AND MODELLING
Project: Verifying the Consistence of Forecasts and Scenarios of the Czech Economy’s Development Prepared by the Ministry of Finance CR for the Upcoming Macroeconomic Part of Pre-Accession Programme
State: Finished
Submitter: Ministry of Finance of the Czech Republic
Time of Relevance: 2001–2003
Project Objective:
To create a model of mutual relations between allocating resources and the macroeconomic consequences. The final model will identify the impact of policy on aspects of the national economy.
To create a model of mutual relations between allocating resources and the macroeconomic consequences. The final model will identify the impact of policy on aspects of the national economy.
Brief Summary:
The project is based on an analysis of the Czech economy’s trend according to the existing scenarios and forecasts. The emphasis is placed on verifying its consistence in order to create a Pre-Accession Programme.
The project is based on an analysis of the Czech economy’s trend according to the existing scenarios and forecasts. The emphasis is placed on verifying its consistence in order to create a Pre-Accession Programme.
Outputs:
A macroeconomic model of general equilibrium. By means of this model the impacts of external shocks to the economy, changes in programme documents and in particular the impacts of legal norms will be set.
A macroeconomic model of general equilibrium. By means of this model the impacts of external shocks to the economy, changes in programme documents and in particular the impacts of legal norms will be set.
