This research has two objectives. Firstly, it aims to develop the PEP-t-1 (dynamic CGE) model linked with a microsimulation model for the Mongolian economy. Using the model, we will conduct historical simulations to identify the effect of the recent mining boom and bust (1st stage of Oyu Tolgoi copper mine, FDIs etc.,) on the economy. Given this analysis, we will examine the effect of the 2nd stage of Oyu Tolgoi copper mine which has started its investment and will operate fully in 2019. Secondly, we would like to introduce financial flows into the model in a similar way to that in Dixon, Rimmer and Roos (2015). We believe that this would enable us to study the impact of monetary policy in Mongolia. For example, we might be able to study the impact of subsidised mortgage lending scheme in Mongolia along with the conventional monetary policy.
Project leader: Ragchaasuren Galindev
No working papers.
|Impact of fiscal consolidation on the Mongolian economy||2018-02-14||440.74kB||0||0|
|Economic and distributional impacts of fuel price subsidy changes in Mongolia||2018-04-30||475.76kB||0||0|
|Impact on the Mongolian economy of foreign direct investment in the coal export sector||2018-10-31||452.92kB||0||0|
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