Getting to Know GIMF: The Simulation Properties of the Global Integrated Monetary and Fiscal Model
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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. 2013/055
Subject:
Central bank policy rate Consumption Financial services Foreign exchange Inflation National accounts Prices Real effective exchange rates Real interest rates
English
Publication Date:
February 27, 2013
ISBN/ISSN:
9781475559415/1018-5941
Stock No:
WPIEA2013055
Pages:
66
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