Showing 1 - 10 of 17
Persistent link: https://www.econbiz.de/10010978722
Most studies on equilibrium exchange rates focus on a limited number of G7 countries. But in a situation of world imbalances, emerging countries can no longer be excluded. The study of all equilibrium exchange rates is delicate. First, the trade model has to be balanced at the aggregate level....
Persistent link: https://www.econbiz.de/10011048861
Persistent link: https://www.econbiz.de/10010978252
[eng] Elasticity values in trade equations have led to much discussion on subjects such as the role of the exchange rate in long-term distortion of nominal trade balances. This paper contributes to the discussion by calculating a trade model for a panel of 17 industrialised countries. Its...
Persistent link: https://www.econbiz.de/10010978278
This paper provides a summary of the OECD's new global macroeconometric model, including an overview of model structure and a selection of simulations illustrating its main properties. Compared with its predecessors, the new model is more compact and regionally aggregated, but gives more weight...
Persistent link: https://www.econbiz.de/10010577076
This article investigates the macroeconomic policy challenges associated with a prospective continuation of international trade and financial integration over the next two decades, making use of a global macroeconomic model newly developed by the OECD. The analysis has several important policy...
Persistent link: https://www.econbiz.de/10008726063
This paper investigates the macroeconomic policy challenges associated with a prospective continuation of international trade and financial integration over the next two decades, making use of a global macroeconomic model newly developed by the OECD. The analysis has several important policy...
Persistent link: https://www.econbiz.de/10005045803
This paper provides a summary of the OECD’s new global macroeconometric model, including an overview of model structure and a selection of simulations illustrating its main properties. Compared with its predecessors, the new model is more compact and regionally aggregated, but gives more...
Persistent link: https://www.econbiz.de/10008542501
This paper provides a summary of the OECD's new global macroeconometric model, including an overview of model structure and a selection of simulations illustrating its main properties. Compared with its predecessors, the new model is more compact and regionally aggregated, but gives more weight...
Persistent link: https://www.econbiz.de/10008861690
This paper investigates the macroeconomic policy challenges associated with a prospective continuation of international trade and financial integration over the next two decades, making use of a global macroeconomic model newly developed by the OECD. The analysis has several important policy...
Persistent link: https://www.econbiz.de/10012446047