The Singapore Economy

Tilak Abeysinghe has been the director/coordinator of the Econometric Studies Unit (ESU) of the Department of Economics of the National University of Singapore since the early 1990s. Under the ESU, he has made significant contributions to forecasting and policy analysis of the Singapore economy. He has published papers on a wide range of topics that includes contributions to theoretical and applied econometrics and articles in Journal of Econometrics, Journal of Forecasting, International Journal of Forecasting, Economics Letters, and NBER series. His teaching areas are primarily in econometrics and time series analysis. Keen Meng Choy has been studying the Singapore economy since he worked as an economist at the Monetary Authority of Singapore from 1988 to 1992. His publications are in the areas of macroeconomics, business cycles and forecasting. He has acted as a consultant to the Singapore Department of Statistics, the Monetary Authority of Singapore and IE Singapore. At Nanyang Technological University where he now teaches, he continues to issue economic prognostications on the Singapore.

1. Introduction 2. The Aggregate Consumption Function 3. Modelling Investment Expenditures 4. The Trade Sector 5. The Labour Market 6. The Sectorial Block 7. Ancillaries and Identities 8. Multiplier Analysis 9. Policy Simulations. Appendix A: Variables and Data Sources. Appendix B: Listing of Equations and Variables