Getting to know GIMF : the simulation properties of the Global Integrated Monetary and Fiscal model /
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Imprint: | [Washington, D.C.] : International Monetary Fund, ©2013. |
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Description: | 1 online resource (66 pages) : color illustrations. |
Language: | English |
Series: | IMF working paper ; WP/13/55 IMF working paper ; WP/13/55. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12501614 |
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050 | 4 | |a HG3881.5.I58 |b W67 No. 13/55eb | |
072 | 7 | |a BUS |x 045000 |2 bisacsh | |
245 | 0 | 0 | |a Getting to know GIMF : |b the simulation properties of the Global Integrated Monetary and Fiscal model / |c prepared by Derek Anderson [and others]. |
246 | 1 | |i Title from p. 2 of pdf: |a Simulation properties of the Global Integrated Monetary and Fiscal model | |
260 | |a [Washington, D.C.] : |b International Monetary Fund, |c ©2013. | ||
300 | |a 1 online resource (66 pages) : |b color illustrations. | ||
336 | |a text |b txt |2 rdacontent | ||
337 | |a computer |b c |2 rdamedia | ||
338 | |a online resource |b cr |2 rdacarrier | ||
490 | 1 | |a IMF working paper ; |v WP/13/55 | |
500 | |a Title from PDF title page (IMF Web site, viewed Mar. 5, 2013). | ||
500 | |a "Research Department"--Page 2 of pdf. | ||
500 | |a "February 2013"--Page 2 of pdf. | ||
520 | |a "The Global Integrated Monetary and Fiscal model (GIMF) is a multi-region, forward-looking, DSGE model developed by the Economic Modeling Division of the IMF for policy analysis and international economic research. Using a 5-region version of the GIMF, this paper illustrates the model's macroeconomic properties by presenting its responses under a wide range of experiments, including fiscal, monetary, financial, demand, supply, and international shocks"--Abstract. | ||
504 | |a Includes bibliographical references (page 65). | ||
505 | 0 | |a Cover; Abstract; Contents; I. Introduction; II. Summary of the Global Integrated Monetary and Fiscal Model (GIMF); A. Household Sector; B. Production Sector; C. Financial Sector; D. International Dimensions and Spillovers; E. Fiscal and Monetary Policy; III. Properties of Fiscal Shocks; A. Fiscal Multipliers Based on 2 Years of Fiscal Stimulus; Two Year Increase in Government Spending -- Consumption versus Investment; Two Year Increase in Lumpsum Transfers -- General versus Targeted to LIQ Households; Two Year Decrease in Taxation; B. Permanent Fiscal Consolidation. | |
505 | 8 | |a Permanent Fiscal Consolidation through Government Spending -- Consumption versus InvestmentPermanent Fiscal Consolidation through Lumpsum Transfers -- General versus Targeted to LIQ Households; Permanent Fiscal Consolidation through Increased Taxation; C. Permanent Fiscal Consolidation and the Issue of Credibility; IV. Properties of Financial and Monetary Shocks; A. Temporary Increase in the Nominal Interest Rate; B. Temporary but Persistent Increase in Borrowers' Riskiness; V. Properties of Demand Shocks; A. Temporary Increase in Private Domestic Demand; B. Permanent Increase in Saving. | |
505 | 8 | |a VI. Properties of Supply ShocksA. Permanent Increase in the Level of Labor-Augmenting Productivity in Intermediate Goods Production, and the Balassa-Samuelsson Effect; B. Temporary 10-Year Increase in the Growth Rate of Labor-Augmenting Productivity in All Intermediate Goods Production; C. Permanent Increase in Competition in the Labor Market that Decreases the Markup in Real Wages; D. Permanent Increase in Competition that Decreases Intermediate Goods Price Markups; VII. Properties of International Shocks; A. Temporary Increase in Sovereign Risk; B. Permanent Increase in Tariffs. | |
650 | 0 | |a Monetary policy |x Econometric models. | |
650 | 0 | |a Fiscal policy |x Econometric models. | |
650 | 0 | |a Equilibrium (Economics) |x Econometric models. | |
650 | 6 | |a Politique monétaire |x Modèles économétriques. | |
650 | 6 | |a Politique fiscale |x Modèles économétriques. | |
650 | 7 | |a BUSINESS & ECONOMICS |x Money & Monetary Policy. |2 bisacsh | |
650 | 7 | |a Equilibrium (Economics) |x Econometric models. |2 fast |0 (OCoLC)fst00914548 | |
650 | 7 | |a Fiscal policy |x Econometric models. |2 fast |0 (OCoLC)fst00925810 | |
650 | 7 | |a Monetary policy |x Econometric models. |2 fast |0 (OCoLC)fst01025234 | |
655 | 4 | |a Electronic books. | |
700 | 1 | |a Anderson, Derek, |d 1987- | |
710 | 2 | |a International Monetary Fund. |b Research Department. | |
830 | 0 | |a IMF working paper ; |v WP/13/55. | |
856 | 4 | 0 | |u http://elibrary.imf.org/view/journals/001/2013/055/001.2013.issue-055-en.xml |y INTERNATIONAL MONETARY FUND |
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