IMF Working Papers

The Global Integrated Monetary and Fiscal Model (GIMF) – Theoretical Structure

ByDouglas Laxton, Susanna Mursula, Michael Kumhof, Dirk V Muir

February 1, 2010

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Format: Chicago

Douglas Laxton, Susanna Mursula, Michael Kumhof, and Dirk V Muir. "The Global Integrated Monetary and Fiscal Model (GIMF) – Theoretical Structure", IMF Working Papers 2010, 034 (2010), accessed 12/5/2025, https://doi.org/10.5089/9781451962734.001

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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 working paper presents a comprehensive overview of the theoretical structure of the Global Integrated Monetary and Fiscal Model (GIMF), a multi-region dynamic general equilibrium model that is used by the IMF for a variety of tasks including policy analysis, risk analysis, and surveillance.

Subject: Consumption, Fiscal stimulus, Imports, Labor, Technology

Keywords: WP