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Policy and Spillover Analysis in the World Economy.

This paper develops a structural macroeconometric model of the world economy, disaggregated into forty national economies. This panel dynamic stochastic general equilibrium model features a range of nominal and real rigidities, extensive macrofinancial linkages, and diverse spillover transmission ch...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Vitek, Francis
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2014.
Colección:IMF Working Papers.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario:This paper develops a structural macroeconometric model of the world economy, disaggregated into forty national economies. This panel dynamic stochastic general equilibrium model features a range of nominal and real rigidities, extensive macrofinancial linkages, and diverse spillover transmission channels. A variety of monetary policy analysis, fiscal policy analysis, spillover analysis, and forecasting applications of the estimated model are demonstrated. These include quantifying the monetary and fiscal transmission mechanisms, accounting for business cycle fluctuations, and generating relat.
Notas:Figure 27. Peak Impulse Responses to Foreign Labor Supply Shocks.
Descripción Física:1 online resource (96 pages)
ISBN:9781484362501
1484362500