Banks in The Global Integrated Monetary and Fiscal mode /

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Bibliographic Details
Imprint:[Washington, D.C] : International Monetary Fund, Asia and Pacific Department, 2015.
Description:1 online resource (49 pages).
Language:English
Series:IMF working paper ; WP/15/150
IMF working paper ; WP/15/150.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12504620
Hidden Bibliographic Details
Other authors / contributors:Andrle, Michal.
Kumhof, Michael.
Laxton, Douglas.
Muir, Dirk.
International Monetary Fund. Research Department.
ISBN:1513532960
9781513532967
1513515365
9781513515366
1513594788
9781513594781
ISSN:1018-5941
Notes:"July 2015."
Includes bibliographical references.
Online resource; title from PDF title page (viewed Aug. 2, 2016).
Summary:"The Global Integrated Monetary and Fiscal model (GIMF) is a multi-region DSGE model developed by the Economic Modeling Division of the IMF for policy and scenario analysis. This paper compares two versions of GIMF, GIMF with a conventional financial accelerator, where bank balance sheets do not play a prominent role, and GIMF with both a financial accelerator and a fully specified banking sector that can make lending losses, and that is regulated according to Basel-III. The authors illustrate the comparative macroeconomic properties of both models by presenting their responses to a wide range of fiscal, demand, supply and financial shocks."--Abstract.
Other form:Print Version: 9781513532967
Standard no.:10.5089/9781513532967.001