Theory and Practice of GVAR Modeling

Alexander Chudik and Mohammad Pesaran

No 4807, CESifo Working Paper Series from CESifo

Abstract: The Global Vector Autoregressive (GVAR) approach has proven to be a very useful approach to analyze interactions in the global macroeconomy and other data networks where both the cross-section and the time dimensions are large. This paper surveys the latest developments in the GVAR modeling, examining both the theoretical foundations of the approach and its numerous empirical applications. We provide a synthesis of existing literature and highlight areas for future research.

Keywords: Global VAR; global macroeconometric modelling; global interdependencies; policy simulations (search for similar items in EconPapers)
JEL-codes: C32 E17 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (34)

Downloads: (external link)
https://www.cesifo.org/DocDL/cesifo1_wp4807.pdf (application/pdf)

Related works:
Journal Article: THEORY AND PRACTICE OF GVAR MODELLING (2016)
Working Paper: Theory and Practice of GVAR Modeling (2014)
Working Paper: Theory and practice of GVAR modeling (2014)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_4807

Access Statistics for this paper

More papers in CESifo Working Paper Series from CESifo Contact information at EDIRC.
Bibliographic data for series maintained by Klaus Wohlrabe ().