Author/Editor:

Anderson, Derek ; Hunt, Ben ; Kortelainen, Mika ; Kumhof, Michael ; Laxton, Douglas ; Muir, Dirk ; Mursula, Susanna ; Snudden, Stephen

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate


Summary:The Global Integrated Monetary and Fiscal model (GIMF) is a multi-region, forward-looking, DSGE model developed by the Economic Modeling Division of the IMF for policy analysis and international economic research. Using a 5-region version of the GIMF, this paper illustrates the model's macroeconomic properties by presenting its responses under a wide range of experiments, including fiscal, monetary, financial, demand, supply, and international shocks.

Series:

Working Paper No. 13/55

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