The Independent Authority for Fiscal Responsibility (AIReF) has published a working paper on the MEGAIReF model, a Dynamic Stochastic General Equilibrium (DSGE) model developed in collaboration with Pompeu Fabra University.
This proprietary tool will enable the simulation and assessment of the impact of shocks and structural measures on key variables such as growth, employment, inflation, deficit, and public debt, thereby strengthening the institution’s technical capacity and analytical independence.
