Chudik, Alexander; Pesaran, Mohammad Hashem - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2007
the interactions of real GDP growth and investment-
output ratios in the world economy is presented in Section 5. The �nal … macroeconomic modelling. Suppose
that the equilibrium of a theoretical N-country macroeconomic DSGE model of the world economy is de … corresponding to unit i = 1 in matrices , and R is
dominant (e.g. US in the world economy). In particular, consider the following …