Simulating Economic Policy With The Comet Model

Abstract

Over the years an increasing number of forecasts and alternative simulation experiments have been made with versions of COMET. These involved discussions with various members of the Staff at the Commission of the European Communities which have enriched later versions of the model. In particular Messrs. Castermans, Ranuzzi, Robinson, Schubert, Rohaert, Charpin, Toft Nilson, and recently Dramais and Sfiroeras have in this way contributed to the development of the project. This has given COMET the possibility to acquire maturity and credibility resulting in its recognition as a useful tool in the design of economic policy.