Verfügbarkeit: DSGE Modeling At the Fund

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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1. Verfasser:	Botman, Dennis P. J. 1972- (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 2007
Schriftenreihe:	IMF Working Papers Working Paper No. 07/200
Online-Zugang:	BSB01 FAN01 FHA01 FKE01 FLA01 FNU01 LCO01 SBG01 SBR01 TUM01 UBA01 UBG01 UBM01 UBR01 UBT01 UBW01 UBY01 UEI01 UER01 UPA01 Volltext
Zusammenfassung:	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 assortment of nominal and real rigidities, which are necessary to create plausible short-run dynamics. However, because this model is based on a representative-agent paradigm, its Ricardian features make it unsuitable to study many fiscal policy issues. The Global Fiscal Model, which is an annual model that uses an overlappinggenerations structure, has been designed to analyze the longer-term consequences of alternative fiscal policies
Beschreibung:	1 Online-Ressource (41 p)
ISBN:	1451867646 9781451867640

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spelling	Botman, Dennis P. J. 1972- Verfasser (DE-588)171782836 aut DSGE Modeling At the Fund Applications and Further Developments Botman, Dennis P. J Washington, D.C International Monetary Fund 2007 1 Online-Ressource (41 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 07/200 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 assortment of nominal and real rigidities, which are necessary to create plausible short-run dynamics. However, because this model is based on a representative-agent paradigm, its Ricardian features make it unsuitable to study many fiscal policy issues. The Global Fiscal Model, which is an annual model that uses an overlappinggenerations structure, has been designed to analyze the longer-term consequences of alternative fiscal policies Online-Ausg Karam, Philippe Sonstige oth Laxton, Douglas Sonstige (DE-588)129214213 oth Rose, David Sonstige oth http://elibrary.imf.org/view/IMF001/08675-9781451867640/08675-9781451867640/08675-9781451867640.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Botman, Dennis P. J. 1972- DSGE Modeling At the Fund Applications and Further Developments
title	DSGE Modeling At the Fund Applications and Further Developments
title_auth	DSGE Modeling At the Fund Applications and Further Developments
title_exact_search	DSGE Modeling At the Fund Applications and Further Developments
title_exact_search_txtP	DSGE Modeling At the Fund Applications and Further Developments
title_full	DSGE Modeling At the Fund Applications and Further Developments Botman, Dennis P. J
title_fullStr	DSGE Modeling At the Fund Applications and Further Developments Botman, Dennis P. J
title_full_unstemmed	DSGE Modeling At the Fund Applications and Further Developments Botman, Dennis P. J
title_short	DSGE Modeling At the Fund
title_sort	dsge modeling at the fund applications and further developments
title_sub	Applications and Further Developments
url	http://elibrary.imf.org/view/IMF001/08675-9781451867640/08675-9781451867640/08675-9781451867640.xml
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