Macroeconomic Responses to Terms-of-Trade Shocks.
This paper presents a version of the global integrated monetary fiscal (GIMF) model adapted and calibrated to the Argentine economy. The model replicates the effect of the strong improvement in Argentina's terms of trade stemming from higher world commodity prices as well as other key economic...
Clasificación: | Libro Electrónico |
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Autor principal: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Washington :
International Monetary Fund,
2009.
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Colección: | IMF Working Papers.
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Temas: | |
Acceso en línea: | Texto completo |
Tabla de Contenidos:
- I. Introduction; II. Literature; III. The GIMF Model; IV. Calibration; V. Policy Analysis; A. Baseline Scenario; B.A More Active Monetary Policy; C. Countercyclical Fiscal Policy; D.A Combination of Both Fiscal and Monetary Policies; IV. Conclusion; References; Appendix; 1. Calibration.