Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/17970 
Full metadata record
DC FieldValueLanguage
dc.contributor.authorChen, Puen
dc.contributor.authorSchneider, Elenaen
dc.contributor.authorFrohn, Joachimen
dc.date.accessioned2009-01-28T15:05:17Z-
dc.date.available2009-01-28T15:05:17Z-
dc.date.issued2007-
dc.identifier.urihttp://hdl.handle.net/10419/17970-
dc.description.abstractThe 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
dc.language.isoengen
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen
dc.relation.ispartofseries|aEconomics Discussion Papers |x2007-47en
dc.subject.jelC32en
dc.subject.jelE24en
dc.subject.ddc330en
dc.subject.keywordLong-Run Structural VARen
dc.subject.keywordMacroeconomic Modellingen
dc.subject.keywordA structural Model for Germanyen
dc.subject.keywordOil Price Shocken
dc.titleA Long Run Structural Macroeconometric Model for Germany-
dc.typeWorking Paperen
dc.identifier.ppn558413234en
dc.rights.licensehttp://creativecommons.org/licenses/by-nc/2.0/de/deed.enen
dc.identifier.repecRePEc:zbw:ifwedp:6174en

Files in This Item:
File
Size
323.94 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.