Description

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.

Taxonomy

Economic policy , Monetary policy

More publications in this series: Working Papers

More publications by: Derek Anderson ; Benjamin Hunt ; Mika Kortelainen ; Michael Kumhof ; Douglas Laxton ; Dirk Muir ; Susanna Mursula ; Stephen Snudden