The Flexible System of Global Models – FSGM

Author/Editor:

Michal Andrle ; Patrick Blagrave ; Pedro Espaillat ; Keiko Honjo ; Benjamin L Hunt ; Mika Kortelainen ; René Lalonde ; Douglas Laxton ; Eleonara Mavroeidi ; Dirk V Muir ; Susanna Mursula ; Stephen Snudden

Publication Date:

March 20, 2015

Electronic Access:

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Summary:

The Flexible System of Global Models (FSGM) is a group of models developed by the Economic Modeling Division of the IMF for policy analysis. A typical module of FSGM is a multi-region, forward-looking semi-structural global model consisting of 24 regions. Using the three core modules focused on the G-20, the euro area, and emerging market economies, this paper outlines the theory under-pinning the model, and illustrates its macroeconomic properties by presenting its responses under a wide range of experiments, including monetary, financial, demand, supply, fiscal and international shocks.

Series:

Working Paper No. 15/64

Subject:

English

Publication Date:

March 20, 2015

ISBN/ISSN:

9781475518665/1018-5941

Stock No:

WPIEA2015064

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

66

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