Getting to Know GIMF: The Simulation Properties of the Global Integrated Monetary and Fiscal Model

 
Author/Editor: Anderson, Derek ; Hunt, Ben ; Kortelainen, Mika ; Kumhof, Michael ; Laxton, Douglas ; Muir, Dirk ; Mursula, Susanna ; Snudden, Stephen
 
Publication Date: February 27, 2013
 
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Summary: The Global Integrated Monetary and Fiscal model (GIMF) is a multi-region, forward-looking, DSGE model developed by the Economic Modeling Division of the IMF for policy analysis and international economic research. Using a 5-region version of the GIMF, this paper illustrates the model’s macroeconomic properties by presenting its responses under a wide range of experiments, including fiscal, monetary, financial, demand, supply, and international shocks.
 
Series: Working Paper No. 13/55
Subject(s): Economic models | Monetary policy | Financial sector | External shocks | Fiscal policy | Fiscal consolidation | Government expenditures | Demand

 
English
Publication Date: February 27, 2013
ISBN/ISSN: 9781475559415/2227-8885 Format: Paper
Stock No: WPIEA2013055 Pages: 66
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