The rapid development of developing countries, particularly in Asia, and the establishment of trade agreements, make these markets more attractive to western firms, all the more as growth is stagnating in their own countries. But several strategies are possible: • Simply profit from the...

To teach international macroeconomics using simulations of a multi-country model. Note : This is a new presentation from the one in Prague which met technical problems. The Macsim 2 package allows to simulate shocks on a set of countries linked by trade flows, using various assumptions on the...

This presentation will start with a global description of the package features, then move to an interactive computer session. The purpose of MacSim is to describe the main macroeconomic interactions, both inside and between countries, based on a set of small quarterly econometric country models,...

MACSIM is a package designed to teach international macroeconomics to post-graduate students. It is based on a multinational model, linking six countries: France, Germany, Great Britain, Italy, Netherlands and Sweden, and a summarized Rest of the World. Each country model follows the same...