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
Autor principal: Vitek, Francis (-)
Formato: Libro electrónico
Idioma:Inglés
Publicado: Washington : International Monetary Fund 2014.
Colección:EBSCO Academic eBook Collection Complete.
IMF working papers ; 14/200.
Acceso en línea:Conectar con la versión electrónica
Ver en Universidad de Navarra:https://innopac.unav.es/record=b35622179*spi
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:96 p.
Formato:Forma de acceso: World Wide Web.
ISBN:9781484362501