Dées, Stéphane; Holly, Sean; Pesaran, M. Hashem; … - 2007
run equilibrium conditions 7
3 Long run analysis within the GVAR
10
3.1 Modelling of real exchange rate in
the GVAR 10 ….1 Modelling of Real Exchange Rate in the GVAR
So far the country speci�c models in the version of the GVAR model developed
in DdPS … exchange
rate affect the results? 27
6 Concluding remarks 28
Appendix A 29
References 36
Tables and figures 39
European …