Dees, Stephane; Pesaran, M. Hashem; Smith, L. Vanessa; … - In: Oxford Bulletin of Economics and Statistics 76 (2014) 6, pp. 812-840
type="main" xml:id="obes12046-abs-0001" <title type="main">Abstract</title> <p>This article considers some of the technical issues involved in using the global vector autoregression (GVAR) approach to construct a multi-country rational expectations (RE) model and illustrates them with a new Keynesian model for 33 countries...</p>