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Les modèles réels de la transmission internationale du cycle économique

Author

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  • Ambler, Steve

    (Centre de recherche sur l’emploi et les fluctuations économiques, Université du Québec à Montréal)

  • Cardia, Emanuela

    (Centre de recherche et développement en économique, Université de Montréal)

Abstract

We present a simple version of a dynamic general equilibrium model of the international transmission of the business cycle. We analyze its solution and its predictions, and we compare these predictions with the observed comovements of international macroeconomic aggregates. Then, we present a survey of recent articles that have attempted to correct the flaws of the basic model. Nous présentons une version simple du modèle dynamique d’équilibre général de la transmission internationale du cycle économique. Nous analysons sa solution et ses prédictions, et nous comparons ses prédictions avec les faits observés des covariations internationales des agrégats macroéconomiques. Ensuite, nous présentons un survol d’articles récents qui se sont appliqués à corriger les défaillances du modèle de base.

Suggested Citation

  • Ambler, Steve & Cardia, Emanuela, 1995. "Les modèles réels de la transmission internationale du cycle économique," L'Actualité Economique, Société Canadienne de Science Economique, vol. 71(2), pages 193-217, juin.
  • Handle: RePEc:ris:actuec:v:71:y:1995:i:2:p:193-217
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    1. Prescott, Edward C., 1986. "Theory ahead of business-cycle measurement," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 25(1), pages 11-44, January.
    2. Costello, D.M. & Praschnik, J., 1993. "Intermediate Goods and the Transmission of International Business Cycles," UWO Department of Economics Working Papers 9305, University of Western Ontario, Department of Economics.
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    Cited by:

    1. Odia Ndongo, Yves Francis, 2006. "Datation du Cycle du PIB Camerounais entre 1960 et 2003," MPRA Paper 552, University Library of Munich, Germany.
    2. Ambler, Steve & Cardia, Emanuela & Zimmermann, Christian, 2002. "International transmission of the business cycle in a multi-sector model," European Economic Review, Elsevier, vol. 46(2), pages 273-300, February.
    3. Kalulumia, Pene & Nyankiye, Francine, 2000. "Labor Adjustment Costs, Macroeconomic Shocks and Real Business Cycles in a Small Open Economy," Journal of Macroeconomics, Elsevier, vol. 22(4), pages 671-694, October.

    More about this item

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

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