The ICSEAD Japan-U.S.-ROW Model
The ICSEAD Japan-U.S.-ROW Model is a linked macro model of Japan, the United States, and the Rest of the World. It has been built as a tool for analyzing economic policy issues in Japan and the United States and is intended to serve as a platform for the development of further linked models of the East Asia region at the International Center for the Study of East Asian Development (ICSEAD). The 464 equation model is in the Keynesian tradition. It draws on previous work by Y. Inada (1987) and also consists of a part of Japan, the United States, China and the rest of the world quadrilateral model which was jointly developed by Klein, Lau, and Chinese Academy of Social Science (1988).
KeywordsExport Price Producer Price Index Factor Income Price Deflator Wholesale Price Index
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