 | Trade Linkages, Balance Sheets, and Spillovers: The Germany-Central European Supply Chain Author/Editor: Selim Elekdag, Dirk Muir. Release Date:October, 2013 Germany and the Czech Republic, Hungary, Poland, and Slovakia (the CE4) have been in aprocess of deepening economic integration which has lead to the development of a dynamicsupply chain within more...
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| | Getting to Know GIMF : The Simulation Properties of the Global Integrated Monetary and Fiscal Model Author/Editor: Derek Anderson, Benjamin Hunt, Mika Kortelainen, Michael Kumhof, Douglas Laxton, Dirk Muir, Susanna Mursula, Stephen Snudden. Release Date:February, 2013 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 more...
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| | Assessing the Macroeconomic Impact of Structural Reforms The Case of Italy Author/Editor: Lusine Lusinyan, Dirk Muir. Release Date:January, 2013 Wide-ranging structural reforms are underway in Italy, aimed at addressing key bottlenecks in the product and labor markets. Our analysis, based on the IMF‘s Global Integrated Monetary and Fiscal more...
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|  | Oil and the World Economy: Some Possible Futures Author/Editor: Michael Kumhof, Dirk Muir. Release Date:October, 2012 This paper, using a six-region DSGE model of the world economy, assesses the GDP and current account implications of permanent oil supply shocks hitting the world economy at an unspecified future more...
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| | Macroeconomic Effects of Public Pension Reforms Author/Editor: Joana Pereira, Philippe D Karam, Dirk Muir, Anita Tuladhar. Release Date:December, 2010 The paper explores the macroeconomic effects of three public pension reforms, namely an increase in retirement age, a reduction in benefits and an increase in contribution rates. Using a five-region more...
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| | Effects of Fiscal Stimulus in Structural Models Author/Editor: Michael Kumhof, Dirk Muir, Carlos de Resende, Jan in ‘t Veld, René Lalonde, Davide Furceri, Annabelle Mourougane, John Roberts, Stephen Snudden, Mathias Trabandt, G Release Date:WP.jpg
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| | The Global Integrated Monetary and Fiscal Model (GIMF) – Theoretical Structure Author/Editor: Douglas Laxton, Susanna Mursula, Michael Kumhof, Dirk Muir. Release Date:February, 2010 This working paper presents a comprehensive overview of the theoretical structure of the Global Integrated Monetary and Fiscal Model (GIMF), a multi-region dynamic general equilibrium model that is more...
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| | Fiscal Stimulus to the Rescue? Short-Run Benefits and Potential Long-Run Costs of Fiscal Deficits Author/Editor: Douglas Laxton, Dirk Muir, Michael Kumhof, Susanna Mursula, Charles Freedman. Release Date:November, 2009 This paper uses the IMF's Global Integrated Monetary and Fiscal Model to compute shortrun multipliers of fiscal stimulus measures and long-run crowding-out effects of higher debt. Multipliers of more...
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