【econ201224】
宏观经济学研讨会
（总第129期）
【时间】2012年12月25日（周二）12：15－13：45
【地点】明主0409教室
【主讲】刘 凯 剑桥大学经济系博士生
【主题】exploring the international linkages of the euro area: a global var analysis (written by dees, di mauro, pesaran, and smith, the journal of applied econometrics, 2007, vol. 22,)
【摘要】this paper presents a quarterly global model combining individual country vector error-correcting models in which the domestic variables are related to the country-specific foreign variables. the global var (gvar) model is estimated for 26 countries, the euro area being treated as a single economy, over the period 1979-2003. it advances research in this area in a number of directions. in particular, it provides a theoretical framework where the gvar is derived as an approximation to a global unobserved common factor model. using average pair-wise cross-section error correlations, the gvar approach is shown to
be quite effective in dealing with the common factor interdependencies and international co-movements of business cycles.
【主持】陈彦斌 教授
人大宏观经济学研讨会（macro workshop）旨在追踪宏观经济学国际最新进展，倡导构建符合国情的动态优化模型（尤其是bewley模型）并使用计算机模拟研究中国经济改革与发展的重大问题。
联系人：陈伟泽 e_mail: sysu2006vc@126.com
更多讲座信息欢迎访问se.ruc.edu.cn，www.yanjiuyuan.com.cn
经济学院
中国经济改革与发展研究院