The GPM project is designed to improve the toolkit for studying both own-country and cross-country linkages. This paper creates a special version of GPM that includes the four largest Euro Area (EA) countries. The EA countries are more vulnerable to domestic and external demand shocks because...

Main description: This volume contains the contributions of a conference dealing with the consequences of the European Monetary Union for the macroeconometric modelling of the Euro area, which took place in Essen in 2000. At the end of the conference the participants were convinced that the...

1. Macro econometric activities at the SSRC Committee on Economic Stability -- 2. Project Link’s distinctive features and aims -- 3. Connecting national modelling teams -- 4. DG II macroeconomics and the integration process -- 5. Centralized versus decentralized approaches to multi-country...