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  Simulation Properties of Macroeconometric Models
Meeting
Macroeconometric models give precious insights on the diffusion of shocks and national policies in an interdependent world. The workshop aims at discussing the similarities and differences between a series of standardised simulations among a set of macroeconometric models. These models may be multinational, or national with an international environment accounting for some feedback. A purpose of the workshop is to reach a better understanding of the fields of consensus and dissents among a community of econometric models builders.

This workshop is organised by the European Network of Economic Policy Research Institutes (ENEPRI). The members of the ENEPRI are CEPII, CEPS, CPB, DIW, ETLA, FEDEA, FPB, ISAE, NIESR and NOBE. This project is funded by the 5th Framework Programme of the EU.
5-6 July 2001


Royaumont

With financial support of

Fondation



Institut CDC pour la recherche

    Thursday 5 July 2001
Session 1: Peter McAdam ECB Chairman  
QUEST II - A multi Country Business Cycle and Growth Model Werner Roeger EC   9 h
Jan in't Veld EC  
MULTIMOD Mark III
Douglas Laxton IMF   10 h 15
AWM - An Area-Wide Model for the Euro Area Jérôme Henry ECB    
         
Session 2: Guy de Monchy DP Chairman  
MARMOTTE Jean-Pierre Laffargue CEPII
Paris I
Cepremap
  15 h
  Stéphane Dées CEPII  
  Arjan Kadareja CEPII  
  Bronka Rzepkowski CEPII  
NIGEM - Modelling the World Economy: The National Institute Global Econometric Model Ray Barrel NIESR   16 h 15
Karen Dury NIESR  
    Friday 6 July 2001
Session 3: Pierre Malgrange Cepremap Chairman  
  Jean-Louis Brillet INSEE    
MARCOS - Modèle à Anticipations Rationnelles de la Conjoncture Simulée Pascal Jacquinot Banque de France   10 h 30
Ferhat Mihoubi Banque de France  
         
Session 4: International Transmission of Shocks        
A synthetic comparison of the simulations of the 7 models Michel Juillard Paris VIII
Cepremap
  13 h 45
Round Table: Econometric Modelling and the International Transmission of Shocks Doug Laxton IMF   15 h
Jean-Pierre Laffargue CEPII
Paris I
Cepremap
 
Ray Barrel NIESR  
Werner Roeger European Commission  
Pierre-Yves Hénin Cepremap
Paris I
Eurequa
 
Stéphane Dées CEPII