Repmod : A Smaller Sibling for Multimod

Author/Editor:

Guy M Meredith

Publication Date:

January 1, 1999

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

This paper describes a small macroeconomic model based on a representative industrial-country block of MULTIMOD, the IMF’s multi-country simulation model. REPMOD is designed to provide a more flexible and accessible tool for analysis by individual country desks than the full version of MULTIMOD. It also allows the construction of model-consistent baseline paths, in addition to conventional shock-minus-control experiments. After discussing the model’s general structure and properties, some distinctive aspects are illustrated via simulations that explore the implications of Japan’s liquidity trap.

Series:

Working Paper No. 99/8

English

Publication Date:

January 1, 1999

ISBN/ISSN:

9781451842494/1018-5941

Stock No:

WPIEA0081999

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

37

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