The article defines a system of price equations, the producer prices being its core. It is assumed that they depend both on output gap and production unit costs decomposed into labour costs, costs of imported goods ...

This paper presents the specification of equations explaining the main components of final demand, i.e. the consumption demand of households, the consumption demand of public institutions, the demand for investment goods, ...

The endogenous theory of growth provides the theoretical underpinning for modelling the knowledge-based economies, which justefies its use to establish the structure and major properties of the new macroeconometric ...

This paper presents the methods of calculation and estimates of unobservable variables, being an extension of the estimation database of the W8D-2010 model. The methodologies for estimating the total factor productivity, ...