The Morocco Policy Analysis Model: Theoretical Framework and Policy Scenarios

The Morocco Policy Analysis Model: Theoretical Framework and Policy Scenarios
Author :
Publisher : International Monetary Fund
Total Pages : 47
Release :
ISBN-10 : 9781513573328
ISBN-13 : 1513573322
Rating : 4/5 (28 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.


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