Other Titles in the Occasional Paper Series
MULTIMOD Econometric Model
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Multimod Mark III: The Core Dynamic and Steady State Model
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Author/Editor: |
Laxton, Douglas | Isard, Peter | Faruqee, Hamid | Prasad, Eswar | Turtelboom, Bart |
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May 21, 1998 |
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Electronic Access: |
Free Full Text
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Summary: This study describes the Mark III version of MULTIMOD, the IMF's multi region macroeconomic model. Mark III version of MULTIMOD differs from its predecessor in several important respects. New features include a core steady-state analogue model, a new model of teh inflation-unemployment nexus, and extended non-Ricardian specification of consumption-saving behavior, and improved specifications and estimates of investment behavior and international trade equations. In addition, the introduction of a new solution algorithm has greatly increased the robustness, speed of convergence, and accuracy of the simulations.
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Series: |
Occasional Paper No. 164 |
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Subject(s): |
Economic models |
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Published: |
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May 21, 1998 |
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ISBN/ISSN: |
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ISBN 1-55775-722-4 ; ISSN 0251-6365 |
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Format: |
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Paper |
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Stock No: |
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S164EA0000000 |
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Price: |
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US$18.00 (Academic Rate: US$15.00)
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