No. 1/2011: MOSES: Model of Swedish Economic Studies. Gunnar Bårdsen, Ard
den Reijer, Patrik Jonasson and Ragnar Nymoen
Abstract:
MOSES is an aggregate econometric model for Sweden,
estimated on quarterly data, and intended for short-term forecasting and
policy simulations. After a presentation of qualitative model properties, the
econometric methodology is summarized. The model properties, within sample simulations,
and examples of dynamic simulation (model forecasts) for the period
2009q2-2012q4 are presented. We address practical issues relating to
operational use and maintenance of a macro model of this type. The detailed
econometric equations are reported in an appendix.
|