Structural econometric modelling of real convergence in the European Union

Project Information

Grant agreement ID: FMBI961081

Project closed

Start date 1 September 1996

End date 31 August 1997

Funded under

• Specific research and technological development programme in the field of the training and mobility of researchers, 1994-1998

Total cost No data

EU contribution No data

Coordinated by

Universiteit Maastricht
Netherlands

Objective

This proposal sets out a structural econometric approach to the problem of real convergence between the principal European economies. This is a key policy issue in the run up to EMU. The proposal builds on work already undertaken by myself on the UK economy which forms the basis, for the London Business School model of the UK economy. A structural approach to the problem maximizes the efficiency of estimation. It also provides a relatively straightforward interpretation of the results since the work is based on explicit microfoundations. Such an approach also enables the possible the use of the work for forecasting and scenario analysis in the context of a macroeconometric model.

Programme(s)

• FP4-TMR - Specific research and technological development programme in the field of the training and mobility of researchers, 1994-1998

Topic(s)

• 0302 - Post-doctoral research training grants
• TS04 - Macroeconomics

Call for proposal

Data not available

Funding Scheme

RGI - Research grants (individual fellowships)

Coordinator

Universiteit Maastricht

• EU contribution: No data
• Address: 6200 MD Maastricht ; Netherlands
• Total cost: No data

Participants (1)

Not available

United Kingdom

• EU contribution: No data
• Total cost: No data