DSGE Modeling at the Fund : Applications and Further Developments /

Researchers in policymaking institutions have expended significant effort to develop a new generation of macro models with more rigorous microfoundations. This paper provides a summary of the applications of two of these models. The Global Economy Model is a quarterly model that features a large ass...

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Bibliographic Details
Main Authors:	Botman, Dennis (Dennis Petrus Johannes), Botman, Dennis
Other Authors:	Karam, Philippe, Laxton, Douglas, Rose, David
Format:	Book
Language:	English
Published:	Washington, D.C. : International Monetary Fund, 2007
Series:	IMF Working Papers ; Working Paper No. 07/200 IMF Working Papers; Working Paper ; No. 2007/200 IMF eLibrary
Subjects:	Account deficits Aggregate demand effects Aggregate demand Central bank Discount rate Economic models Expansionary fiscal Fiscal adjustment Fiscal adjustments Fiscal affairs department Fiscal affairs Fiscal authorities Fiscal compliance Fiscal consolidation Fiscal deficit Fiscal deficits Fiscal discipline Fiscal expansion Fiscal expansions Fiscal instruments Fiscal issues Fiscal model Fiscal policies Fiscal policy Fiscal reforms Fiscal rule Fiscal shocks Fiscal space Fiscal stance Fiscal surpluses Fiscal sustainability Government revenue Government spending Increase in consumption Inflation Inflation-targeting Monetary authorities Monetary authority Monetary economics Monetary framework Monetary fund Monetary issues Monetary policies Monetary policy implications Monetary policy reaction function Monetary policy rule Monetary policy rules Monetary policy Monetary transmission mechanism Monetary union Money demand Optimal monetary policy Public debt Tax adjustment Tax base Tax burden Tax changes Tax cut Tax cuts Tax increases Tax rates Tax reduction Tax reform Tax reforms Taxation Banks and Banking Consumption Currency Economics Finance Fiscal Policy Foreign Exchange Foreign exchange Interest Rates: Determination, Term Structure, and Effects Interest rates Labor Economics: General Labor economics Labor Labour Macroeconomics Macroeconomics: Consumption Public Finance Real exchange rates Real interest rates Saving Wealth income economics Canada France Japan United States
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DSGE Modeling at the Fund : Applications and Further Developments /

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