Skip to Main Navigation

Estimating and Calibrating MFMod : A Panel Data Approach to Identifying the Parameters of Data Poor Countries in the World Bank's Structural Macro Model (English)

This paper summarizes the World Bank's approach to identifying parameters for key equations in its macro structural model for countries where short sample sizes or major structural changes render traditional time-series approaches infeasible or yield unstable estimates. To identify parameters that could be used in such cases, a cointegrating panel approach is followed that yields a common long-run estimate of parameters for key equations (to test...
See More

DETAILS

DOWNLOADS

COMPLETE REPORT

Official version of document (may contain signatures, etc)


Citation

Burns,Andrew; Jooste,Charl.

Estimating and Calibrating MFMod : A Panel Data Approach to Identifying the Parameters of Data Poor Countries in the World Bank's Structural Macro Model (English). Policy Research working paper|no. WPS 8939 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/662391562848917501

This document is being processed or is not available.