Template-Type: ReDIF-Paper 1.0
Author-Name: Szilárd Benk
Author-X-Name-First: Szilárd
Author-X-Name-Last: Benk
Author-Email: benksz@mnb.hu
Author-Workplace-Name: Magyar Nemzeti Bank
Author-Name: Zoltán M. Jakab
Author-X-Name-First: Zoltán M.
Author-X-Name-Last: Jakab
Author-Email: jakabz@mnb.hu
Author-Workplace-Name: Magyar Nemzeti Bank
Author-Name: Mihály András Kovács
Author-X-Name-First: Mihály András
Author-X-Name-Last: Kovács
Author-Email: kovacsm@mnb.hu
Author-Workplace-Name: Magyar Nemzeti Bank
Author-Name: Balázs Párkányi
Author-X-Name-First: Balázs
Author-X-Name-Last: Párkányi
Author-Email: parkanyib@mnb.hu
Author-Workplace-Name: Magyar Nemzeti Bank
Author-Name: Zoltán Reppa
Author-X-Name-First: Zoltán
Author-X-Name-Last: Reppa
Author-Email: reppaz@mnb.hu
Author-Workplace-Name: Magyar Nemzeti Bank
Author-Name: Gábor Vadas
Author-X-Name-First: Gábor
Author-X-Name-Last: Vadas
Author-Email: vadasg@mnb.hu
Author-Workplace-Name: Magyar Nemzeti Bank

Title: The Hungarian Quarterly Projection Model (NEM)

Abstract: This document gives a detailed account of the current version of the Hungarian Quarterly Projection Model (NEM). It describes the main building blocks, presents the forecast performance of the model and, finally, it illustrates the responses to the most important shocks the Hungarian economy may face. This version of the model is used to produce the Bank’s quarterly projections, as well as to perform simulations and scenario analyses.

Length: 49 pages
Creation-Date: 2006
File-URL: http://www.mnb.hu/letoltes/op-60.pdf
File-Format: Application/pdf

Number: 2006/60
Classification-JEL: C50; C53; E17.
Keywords: econometric modelling, forecasting, simulation.
Handle: RePEc:mnb:opaper:2006/60