The Morocco Policy Analysis Model: Theoretical Framework and Policy Scenarios
| Author | : Aya Achour |
| Publisher | : International Monetary Fund |
| Total Pages | : 47 |
| Release | : 2021-04-30 |
| ISBN-10 | : 9781513573328 |
| ISBN-13 | : 1513573322 |
| Rating | : 4/5 (322 Downloads) |
Book Synopsis The Morocco Policy Analysis Model: Theoretical Framework and Policy Scenarios by : Aya Achour
Download or read book The Morocco Policy Analysis Model: Theoretical Framework and Policy Scenarios written by Aya Achour and published by International Monetary Fund. This book was released on 2021-04-30 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Morocco Policy Analysis model (MOPAM) was created in the Bank Al-Maghrib to simulate the impact of external developments, domestic macroeconomic policies, and structural reforms on key macroeconomic aggregates. We describe its structure and demonstrate its operation on two medium-term scenarios: (1) fiscal consolidation to stabilize the debt-to-GDP ratio and (2) the effects of the COVID-19 shock, including the endogenous fiscal and monetary policy response.