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Les modèles réels de la transmission internationale du cycle économique

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Abstract

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. We present a simple dynamic general equilibrium model of the international transmission of business cycles. We discuss the model's solution and its predictions, and we compare those predictions with the stylized facts of cross- country comovements of macroeconomic aggregates. Then, we survey some recent work of multi-country business cycle models that corrects some of the deficiencies of the basic model presented here.

Suggested Citation

  • Steve Ambler & Emanuela Cardia, 1994. "Les modèles réels de la transmission internationale du cycle économique," Cahiers de recherche CREFE / CREFE Working Papers 32, CREFE, Université du Québec à Montréal.
    • Handle: RePEc:cre:crefwp:32
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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.

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    More about this item

    Keywords

    real business cycles; open economics;

    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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