The Flexible System of Global Models – FSGM
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. 2015/064
Subject:
Consumption Exports Imports Inflation International trade National accounts Oil prices Prices
English
Publication Date:
March 20, 2015
ISBN/ISSN:
9781475518665/1018-5941
Stock No:
WPIEA2015064
Pages:
66
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