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The main purpose of this text is to review and discuss the different varieties of macro modelling. A second purpose is to analyze policy themes that are currently important in Finland and elsewhere. The latter papers analyze exchange rate policies in Finland and issues in European Economic Integration. The reader should find both a useful overview of the different types of macroeconomic modelling of economic policies and some analyses of current issues in economic policy-making. This study is dedicated to Pertti Kukkonen on the occasion of his 60th birthday to honour his career as a participant and advisor in economic policy-making.
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