Author : Geoffrey Ducanes
Release : 2005
Genre : Business & Economics
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A Small Macroeconometric Model of the Philippine Economy - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook A Small Macroeconometric Model of the Philippine Economy write by Geoffrey Ducanes. This book was released on 2005. A Small Macroeconometric Model of the Philippine Economy available in PDF, EPUB and Kindle. Two reports issued by the Asian Dev't. Bank: (1) Describes a small quarterly macroeconometric model of the Philippine (PH) economy. The model consists of sectors of private consumption, invest., gov't., trade, production, prices, money, & labor. The tracking perform. of the model is evaluated & found satisfactory. The PH gov't. must address its debt problem for it to achieve higher future growth. It is highly vulnerable to external shocks. (2) Assesses empirically the sustainability & feasibility of the gov't. debt in the PH using the No Ponzi Game criterion. Both historical data & forecasts generated by a quarterly macroecon. model of the Philippines are used in the assessment. Stochastic simulations are carried out to mimic future uncertainty. Illus.