Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/211513 
Year of Publication: 
1988
Series/Report no.: 
Bank of Finland Discussion Papers No. 10/1988
Publisher: 
Bank of Finland, Helsinki
Abstract: 
This is a report on an updated version of the KTKV-model of Bank of Finland's Economics Department. The model was originally designed in the early 80's for the forecasting of short-term international economic developments. It is basically a world trade flow model, in which the main components of world trade flows are generated using trade weight matrices. Until recently, the demand side of the model has been entirely exogenous. For this version consumption and investment equations have been estimated. All other equations have been re-estimated and some technical equations for exchange rate and interest rate structures are introduced.
Persistent Identifier of the first edition: 
ISBN: 
951-686-153-9
Document Type: 
Working Paper

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