Banks in The Global Integrated Monetary and Fiscal mode /
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Imprint: | [Washington, D.C] : International Monetary Fund, Asia and Pacific Department, 2015. |
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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 |
Other authors / contributors: | Andrle, Michal. Kumhof, Michael. Laxton, Douglas. Muir, Dirk. International Monetary Fund. Research Department. |
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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 |
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