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GVAR

The GVAR Toolbox 1.1 is designed for the purpose of GVAR modelling.

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Description

The GVAR Toolbox was originally launched in December 2010 with the release of version 1.0, sponsored by the European Central Bank. Version 1.1 was released in July 2011 and is available to download, free of charge, from this website.

Derived from Dr. L.Vanessa Smith's project Exploring International Economic Linkages Using a Global Model, the GVAR Toolbox 1.1 is the second release of a collection of MatLab procedures with an Excel-based interface, designed for the purpose of GVAR modelling. The GVAR modelling approach provides a general yet practical global modelling framework for the quantitative analysis of the relative importance of different shocks and channels of transmission mechanisms. This makes it a suitable tool for policy analysis, although it has been used in a number of other contexts, including analysing credit risk and evaluating the UK entry into the Euro. The GVAR Toolbox 1.1 is primarily tailored to policy analysis and forecasting.

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Features

  • The real GDP data series for China has been updated to reflect the latest revisions
  • The overidentifying restrictions function for imposing restrictions on the cointegrating vectors is enabled
  • The Matlab routines have been improved for faster printing of the output
  • A bug has been fixed for the case where no global variables are included in the GVAR

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  • blakeprice
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    Love gvar

    Posted 11/02/2012
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Additional Project Details

Intended Audience

Science/Research

User Interface

Project is a user interface (UI) system

Programming Language

MATLAB

Registered

2012-06-19
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