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GEM
			: A New International Macroeconomic Model

GEM : A New International Macroeconomic Model »

Series: Occasional Papers

Author(s): Tamim Bayoumi , Hamid Faruqee , Douglas Laxton , Philippe Karam , Alessandro Rebucci , Jaewoo Lee , Benjamin Hunt , and Ivan Tchakarov

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 November 2004

DOI: http://dx.doi.org/10.5089/9781589063754.084

ISBN: 9781589063754

Keywords: Economic models, inflation, monetary policy, aggregate demand, monetary fund, oil prices

Over the past two years, the IMF staff has been developing a new multicountry macroeconomic model called the Global Economy Model (GEM). This paper explains why such a model is needed, how GEM differs from its pred...

Back Matter

Back Matter »

Source: GEM : A New International Macroeconomic Model

Series: Occasional Papers

Author(s): Tamim Bayoumi , Hamid Faruqee , Douglas Laxton , Philippe Karam , Alessandro Rebucci , Jaewoo Lee , Benjamin Hunt , and Ivan Tchakarov

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 November 2004

ISBN: 9781589063754

Keywords: Economic models, inflation, monetary policy, aggregate demand, monetary fund, oil prices

Over the past two years, the IMF staff has been developing a new multicountry macroeconomic model called the Global Economy Model (GEM). This paper explains why such a model is needed, how GEM differs from its pred...

Front Matter

Front Matter »

Source: GEM : A New International Macroeconomic Model

Series: Occasional Papers

Author(s): Tamim Bayoumi , Hamid Faruqee , Douglas Laxton , Philippe Karam , Alessandro Rebucci , Jaewoo Lee , Benjamin Hunt , and Ivan Tchakarov

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 November 2004

ISBN: 9781589063754

Keywords: Economic models, inflation, monetary policy, aggregate demand, monetary fund, oil prices

Over the past two years, the IMF staff has been developing a new multicountry macroeconomic model called the Global Economy Model (GEM). This paper explains why such a model is needed, how GEM differs from its pred...

I Factoring in Canadian Cycles

I Factoring in Canadian Cycles »

Source: Northern Star : Canada's Path to Economic Prosperity

Series: Occasional Papers

Author(s): Vladimir Klyuev , Martin Mühleisen , and Tamim Bayoumi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 October 2007

ISBN: 9781589066144

Keywords: Economic growth, Energy, Banking, Inflation targeting, pension, inflation, retirement, monetary policy, ld

Canada’s recent economic history illustrates the important role of external as well as domestic macroeconomic disturbances. Canada’s economy slowed in 2001, in the wake of the globa...

I Introduction

I Introduction »

Source: The Impact of the European Community's internal Market on the EFTA : Occa Paper No.74

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 1990

ISBN: 9781557751744

The member states of the European Community (EC) and the European Free Trade Association (EFTA) have a special relationship based on geographic proximity, a shared history, common values and—as many see it—a...

I Introduction

I Introduction »

Source: Privatization and Public Enterprises

Series: Occasional Papers

Author(s): Richard Hemming , and Ali Mansoor

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1998

ISBN: 9781557750051

Keywords: Privatization

The word “privatization” entered popular usage only recently, and certainly the activity with which privatization has become most closely associated—the sale of public sector assets—is a distinct phenomenon...

I Overview

I Overview »

Source: Trade and Trade Policies in Eastern and Southern Africa

Series: Occasional Papers

Author(s): Arvind Subramanian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 September 2000

ISBN: 9781557759429

Keywords: trade liberalization, monopoly, trade taxes, export taxes, export performance

Since the early 1990s, many countries in sub-Saharan Africa have made significant progress in opening their economies to external competition through trade and exchange liberalization, often in...

I. Overview

I. Overview »

Source: Macroeconomic Implications of Financial Dollarization : The Case of Uruguay

Series: Occasional Papers

Author(s): R. Gelos , Alejandro Lopez Mejia , and Marco Piñón-Farah

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 July 2008

ISBN: 9781589067271

Keywords: Dollarization, Banking sector, Exchange rate regimes, External sector, Fiscal sustainability, Fiscal reforms, inflation, monetary policy, central bank, foreign currency

This paper assesses the implications of high financial dollarization for macroeconomic policies and vulnerabilities in Uruguay. Dollarization creates balance sheet exposure to exchange rate changes and poses...

I Overview

I Overview »

Source: GEM : A New International Macroeconomic Model

Series: Occasional Papers

Author(s): Tamim Bayoumi , Hamid Faruqee , Douglas Laxton , Philippe Karam , Alessandro Rebucci , Jaewoo Lee , Benjamin Hunt , and Ivan Tchakarov

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 November 2004

ISBN: 9781589063754

Keywords: Economic models, inflation, monetary policy, aggregate demand, monetary fund, oil prices

Over the last two years, IMF staff has been developing a new multicountry macroeconomic model called the Global Economy Model (GEM). An obvious question is why such a model is needed, given that...

II Background

II Background »

Source: The Impact of the European Community's internal Market on the EFTA : Occa Paper No.74

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 December 1990

ISBN: 9781557751744

Origins of the EC and EFTA The issue of economic and political integration has been on the Western European agenda since the end of World War II (Siegler, 1961). The first step towar...