Banks in The Global Integrated Monetary and Fiscal mode /
Saved in:
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 |
MARC
LEADER | 00000cam a2200000Ia 4500 | ||
---|---|---|---|
001 | 12504620 | ||
006 | m o d | ||
007 | cr ||||||||||| | ||
008 | 150713s2015 dcu ob 000 0 eng d | ||
005 | 20240822221900.6 | ||
019 | |a 1055242211 |a 1091136848 |a 1144264506 | ||
020 | |a 1513532960 | ||
020 | |a 9781513532967 | ||
020 | |a 1513515365 | ||
020 | |a 9781513515366 | ||
020 | |a 1513594788 | ||
020 | |a 9781513594781 | ||
022 | |a 1018-5941 | ||
024 | 8 | |a 10.5089/9781513532967.001 | |
035 | 9 | |a (OCLCCM-CC)913769330 | |
035 | |a (OCoLC)913769330 |z (OCoLC)1055242211 |z (OCoLC)1091136848 |z (OCoLC)1144264506 | ||
040 | |a SIMAS |b eng |e pn |c SIMAS |d OCLCO |d IDEBK |d YDXCP |d OCLCF |d EBLCP |d OCLCQ |d CUS |d OCLCQ |d OTZ |d AU@ |d OCLCQ |d SFB |d OCLCO | ||
049 | |a MAIN | ||
050 | 4 | |a HG2040.2 .A384 2015 | |
245 | 0 | 0 | |a Banks in The Global Integrated Monetary and Fiscal mode / |c prepared by Michal Andrle, Michael Kumhof, Douglas Laxton, and Dirk Muir. |
260 | |a [Washington, D.C] : |b International Monetary Fund, Asia and Pacific Department, |c 2015. | ||
300 | |a 1 online resource (49 pages). | ||
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/15/150 | |
500 | |a "July 2015." | ||
504 | |a Includes bibliographical references. | ||
520 | |a "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. | ||
588 | 0 | |a Online resource; title from PDF title page (viewed Aug. 2, 2016). | |
505 | 0 | |a Cover; Contents; I. Introduction; II. The Global Integrated Monetary and Fiscal Model (GIMF); A. Household Sector; B. Production Sector; C. Financial Sector; 1. Banks in GIMF-BGG; 2. Banks in GIMF-BANKS; D. International Dimensions; E. Fiscal and Monetary Policy; III. Properties of Fiscal Stimulus Shocks; A. Two-Year Increase in Government Consumption or Government Investment; B. Two-Year Increase in General or Targeted Lump-sum Transfers; C. Two-Year Decrease in Taxation; IV. Properties of Demand Shocks; A. Temporary Increase in the Policy Rate. | |
505 | 8 | |a B. Temporary Increase in Private Domestic DemandV. Properties of Supply Shocks; A. Productivity Shocks; 1. Permanent Increase in the Level of Productivity; 2. Persistent Increase in the Growth Rate of Productivity; B. Permanent Drop in Wage Markups; C. Permanent Drop in Price Markups; D. Permanent Increase in Tariffs; VI. Properties of Financial Sector Shocks; A. Temporary Increase in Borrower Riskiness; 1. Equal Impact Effect on External Financing Spread; 2. Equal Size of Shock to Borrower Riskiness; B. Shocks to Macroprudential Policy Settings in GIMF-BANKS. | |
505 | 8 | |a 1. Fixed versus Countercyclical MCAR2. Immediate versus Gradual Increase in MCAR; VII. Conclusion; References; Figures; 1. Temporary Stimulus Through Government Consumption (1pc of GDP for 2 years); 2. Temporary Stimulus Through Government Investment (1pc of GDP for 2 years); 3. Temporary Stimulus Through Government Consumption -- Bank Loan Losses; 4. Temporary Stimulus Through Targeted Transfers (1pc of GDP for 2 years); 5. Temporary Stimulus Through General Transfers (1pc of GDP for 2 years); 6. Temporary Stimulus Through Lower Consumption Taxes (1pc of GDP for 2 years) | |
505 | 8 | |a 7. Temporary Stimulus Through Lower Labor Income Taxes (1pc of GDP for 2 years)8. Temporary Stimulus Through Lower Capital Income Taxes (1pc of GDP for 2 years); 9. Temporary Increase in the Policy Rate; 10. Temporary Increase in Private Domestic Demand; 11. Permanent Increase in Labor Productivity; 12. Ten-Year Increase in Labor Productivity Growth; 13. Permanent Drop in Wage Markup; 14. Permanent Drop in Price Markup; 15. Permanent Increase in Tariffs; 16. Temporary Increase in Borrower Riskiness -- Equal External Financing Spreads. | |
505 | 8 | |a 17. Temporary Increase in Borrower Riskiness -- Bank Loan Losses18. Temporary Increase in Borrower Riskiness -- Equal Shock Sizes; 19. Fixed versus Countercyclical MCAR; 20. Immediate versus Gradual Increase in MCAR. | |
650 | 0 | |a Banks and banking |x Econometric models. | |
650 | 0 | |a Bank loans |x Econometric models. | |
650 | 6 | |a Prêts bancaires |x Modèles économétriques. | |
650 | 7 | |a Bank loans |x Econometric models. |2 fast |0 (OCoLC)fst00826709 | |
650 | 7 | |a Banks and banking |x Econometric models. |2 fast |0 (OCoLC)fst00826918 | |
655 | 4 | |a Electronic books. | |
700 | 1 | |a Andrle, Michal. |0 http://id.loc.gov/authorities/names/no2009200850 | |
700 | 1 | |a Kumhof, Michael. |0 http://id.loc.gov/authorities/names/no2002021979 | |
700 | 1 | |a Laxton, Douglas. |0 http://id.loc.gov/authorities/names/no92032009 | |
700 | 1 | |a Muir, Dirk. |0 http://id.loc.gov/authorities/names/no2006037299 | |
710 | 2 | |a International Monetary Fund. |b Research Department. |0 http://id.loc.gov/authorities/names/n77001219 | |
776 | 0 | 8 | |a Print Version: |z 9781513532967 |
830 | 0 | |a IMF working paper ; |v WP/15/150. |0 http://id.loc.gov/authorities/names/no89010263 | |
856 | 4 | 0 | |u http://elibrary.imf.org/view/journals/001/2015/150/001.2015.issue-150-en.xml |y INTERNATIONAL MONETARY FUND |
929 | |a oclccm | ||
999 | f | f | |i 76402f38-0487-5500-8557-6b9ee6c0b4f9 |s bf928672-79d9-5af4-b4e8-579ad2b16990 |
928 | |t Library of Congress classification |a HG2040.2 .A384 2015 |l Online |c UC-FullText |u http://elibrary.imf.org/view/journals/001/2015/150/001.2015.issue-150-en.xml |z INTERNATIONAL MONETARY FUND |g ebooks |i 12148952 |