Government Sector Equations for Macroeconomic Models

In this study we discuss the various ways of building government sectors of macroeconomic models, present the analysis underlying the government sector equations in the first version of the Bank of Canada's aggregate quarterly model, RDX1, and provide some basis for constructing government sectors for other macro-models being built for various purposes.

Publication Details

Journal
Bank of Canada Research
Published
2024-12-11
DOI
https://doi.org/10.34989/srs-4
Citations
2
Primary Topic
Canadian Policy and Governance
Type
article
Field-Weighted Citation Impact
0.00
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article

Government Sector Equations for Macroeconomic Models

2 citations
Bank of Canada Research
Canadian Policy and Governance
article

Government Sector Equations for Macroeconomic Models

article en
2 citations

Abstract

In this study we discuss the various ways of building government sectors of macroeconomic models, present the analysis underlying the government sector equations in the first version of the Bank of Canada's aggregate quarterly model, RDX1, and provide some basis for constructing government sectors for other macro-models being built for various purposes.

Bank of Canada Research
Openalex Percentile: Top 46%
Canadian Policy and Governance
DOIOpen Access PDFOpenAlex
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Government Sector Equations for Macroeconomic Models · Bank of Canada Research (2024) | TGRS Research Map | TGRS