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Economics: The Open-Access, Open-Assessment E-Journal - Discussion Papers >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/17970
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Chen, Pu | | en_US |
| dc.contributor.author | | Schneider, Elena | | en_US |
| dc.contributor.author | | Frohn, Joachim | | en_US |
| dc.date.accessioned | | 2009-01-28T15:05:17Z | | - |
| dc.date.available | | 2009-01-28T15:05:17Z | | - |
| dc.date.issued | | 2007 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/17970 | | - |
| dc.description.abstract | | The objective of this paper is to apply the method developed in Garratt, Lee, Pesaran, and Shin (2000) to build a structural model for Germany with a transparent and theoretically coherent foundation. The modelling strategy consists of a set of long-run structural relationships suggested by economic theory and an otherwise unrestricted VAR model. It turns out that we can rebuild the structure of the model in Garratt, Lee, Pesaran, and Shin (2003b) for German data. Five long run relations : PPP, UIP, production function, trade balance, and real money balance characterize the equilibrium state of Germany as an open economy in our structural model. | | en_US |
| dc.language.iso | | eng | | en_US |
| dc.publisher | | Kiel Institute for the World Economy (IfW) Kiel | | - |
| dc.relation.ispartofseries | | Economics Discussion Papers / Institut für Weltwirtschaft 2007-47 | | en_US |
| dc.subject.jel | | C32 | | en_US |
| dc.subject.jel | | E24 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | Long-Run Structural VAR | | en_US |
| dc.subject.keyword | | Macroeconomic Modelling | | en_US |
| dc.subject.keyword | | A structural Model for Germany | | en_US |
| dc.subject.keyword | | Oil Price Shock | | en_US |
| dc.title | | A Long Run Structural Macroeconometric Model for Germany | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 558413234 | | en_US |
| dc.rights.license | | http://creativecommons.org/licenses/by-nc/2.0/de/deed.en | | - |
| Appears in Collections: | | Economics: The Open-Access, Open-Assessment E-Journal - Discussion Papers
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