What have we learned from linked econometric models? A comparison of fiscal-policy simulations
As part of a previous study, the authors examined a number of simulations based on various econometric models that link two or more sub-models of individual countries. However, the models did not reach consensus in their attempts to quantify economic interdependence and therefore no firm conclusions...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2013-12-01
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| Series: | PSL Quarterly Review |
| Subjects: | |
| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11154 |
| _version_ | 1811172500464205824 |
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| author | A.V DEARDORFF R.M. STERN |
| author_facet | A.V DEARDORFF R.M. STERN |
| author_sort | A.V DEARDORFF |
| collection | DOAJ |
| description | As part of a previous study, the authors examined a number of simulations based on various econometric models that link two or more sub-models of individual countries. However, the models did not reach consensus in their attempts to quantify economic interdependence and therefore no firm conclusions could be drawn. In the present work, the authors take a further look at some of these simulation results, with the objective of evaluating the contribution that they have made to understanding the international economy. Specifically, the linked simulation results are compared with a set of very simple calculations made of the international transmission effects of fiscal policy.
JEL: E62, F42, E27
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| first_indexed | 2024-04-10T17:31:12Z |
| format | Article |
| id | doaj.art-4396a8faf8a040388844dd0e8abaf522 |
| institution | Directory Open Access Journal |
| issn | 2037-3635 2037-3643 |
| language | English |
| last_indexed | 2024-04-10T17:31:12Z |
| publishDate | 2013-12-01 |
| publisher | Associazione Economia civile |
| record_format | Article |
| series | PSL Quarterly Review |
| spelling | doaj.art-4396a8faf8a040388844dd0e8abaf5222023-02-03T16:45:12ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432013-12-013213110.13133/2037-3643/11154What have we learned from linked econometric models? A comparison of fiscal-policy simulationsA.V DEARDORFFR.M. STERNAs part of a previous study, the authors examined a number of simulations based on various econometric models that link two or more sub-models of individual countries. However, the models did not reach consensus in their attempts to quantify economic interdependence and therefore no firm conclusions could be drawn. In the present work, the authors take a further look at some of these simulation results, with the objective of evaluating the contribution that they have made to understanding the international economy. Specifically, the linked simulation results are compared with a set of very simple calculations made of the international transmission effects of fiscal policy. JEL: E62, F42, E27 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11154Fiscal policyinternational transmission effectseconometric model |
| spellingShingle | A.V DEARDORFF R.M. STERN What have we learned from linked econometric models? A comparison of fiscal-policy simulations PSL Quarterly Review Fiscal policy international transmission effects econometric model |
| title | What have we learned from linked econometric models? A comparison of fiscal-policy simulations |
| title_full | What have we learned from linked econometric models? A comparison of fiscal-policy simulations |
| title_fullStr | What have we learned from linked econometric models? A comparison of fiscal-policy simulations |
| title_full_unstemmed | What have we learned from linked econometric models? A comparison of fiscal-policy simulations |
| title_short | What have we learned from linked econometric models? A comparison of fiscal-policy simulations |
| title_sort | what have we learned from linked econometric models a comparison of fiscal policy simulations |
| topic | Fiscal policy international transmission effects econometric model |
| url | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11154 |
| work_keys_str_mv | AT avdeardorff whathavewelearnedfromlinkedeconometricmodelsacomparisonoffiscalpolicysimulations AT rmstern whathavewelearnedfromlinkedeconometricmodelsacomparisonoffiscalpolicysimulations |