MACROECONOMIC FORECASTING WITH A SAM MODEL FOR THE ROMANIAN ECONOMY - PART II – EQUATIONS OF THE MODEL

by Stanica, Cristian
Published in Romanian Journal of Economic Forecasting, 2004, volume 5 issue 3, 66-73

Abstract

This paper presents the main macroeconomic equations used for estimating and forecasting the model’s modules according to IMF accounting system – National Accounts, Balance of Payments, Government Accounts and Monetary Survey. The second part of the paper focuses on the guidelines for the preparation of the forecasts.

Keywords: macroeconomic modeling and forecasting, social accounting model
JEL Classification: E37