Examining the effects of anticipated policy actions : Results with the Finnish MICRO-QMED model

This paper reports 'some policy simulations which have been carried out with the Finnish MICRO-QMED model. This rational expectations model built at the Economics Department of Bank of Finland is used to evaluate the short-run effects some anticipated policy actions. The paper also contains a short description of the MICRO-QMED model as well as a short user's guide for the model and for the MIKRO-TEKO programme used in simulating the model.