The BOF5 macroeconomic model of Finland, structure and dynamic microfoundations

Economic Modelling

Volumn 17, Issue 2, 2000, Pages 275-303

  Willman, Alpo ^a   Kortelainen, Mika ^b   Männistö, Hanna Leena ^b   Tujula, Mika ^a  

^a EUROPEAN CENTRAL BANK   (Germany)

^b BANK OF FINLAND   (Finland)

Author keywords

Econometric modelling; Euler equations; Expectations; Finland; Macroeconomic models

Indexed keywords

EID: 0034165470     PISSN: 02649993     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0264-9993(99)00032-2     Document Type: Article

References (9)

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2. Hubbard, R.G., Kashyap, A.K., Whited, T.M., 1993. Internal finance and firm investment. National Bureau of Economic Research Working Paper 4392.
3. Männistö, H.-L., Tarkka, J., Willman, A., 1992. The structure and foundations of the BOF4 model. In: Bergman L., Olsen, Ø. (Eds.), Economic Modeling in the Nordic Countries. Contributions to Economic Analysis, North Holland, pp. 139-177.
4. Rotemberg, J.J., 1982. Monopolistic price adjustment and aggregate output. Rev. Econ. Stud. 49, 517-531.
5. Sefton J.A., In't Veld, J.W., 1997. Consumption and Wealth: An International Comparison. National Institute of Economic and Social Research, London, mimeo.
6. The BOF3 Quarterly Model of The Finnish Economy, 1985. Bank of Finland D:59.
7. The BOF4 Quarterly Model of the Finnish Economy, 1990. Bank of Finland D:73.
8. Willman, A., 1989. If the markka floated: Simulating the BOF4 model with fixed and floating exchange rates. Finn. Econ. Pap. 2 (1), 3-19.
9. Willman, A., Männistö, H.-L., 1997. The BOF5 macroeconomic model of the finnish economy. Bank Finland Bull. 71 (5), 7-12.