WP Number: 5

WP Number: 5WP Title: Mainstream macroeconomic models
Starting Month: 13Ending Month: 18Person Months (PMs): 3.02

Objectives

To generate a mainstream macroeconomic model for the Greek economy

Description of Work

1. Formulation of mainstream macroeconomic models for the Greek economy
2. Simulations
3. Policy alternatives experimentation

Tasks

1. Fetch data from database created in WP2
2. Fetch econometric specification of key variables estimated in WP3
3. Apply the relevant specifications derived from conditions of competition inquired in WP4
4. Apply a mainstream DSGE structure in the model
5. Run econometric models using EVIEWS and DYNARE
6. Write a report of the finds including the source code of the econometrics program

Deliverables

Deliverable D5: A report of the findings that includes the code used in the econometrics program

Milestones

3rd Milestone: Model estimation completed