Repmod : A Smaller Sibling for Multimod /

This paper describes a small macroeconomic model based on a representative industrial-country block of MULTIMOD, the IMF's multi-country simulation model. REPMOD is designed to provide a more flexible and accessible tool for analysis by individual country desks than the full version of MULTIMOD...

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Bibliographic Details
Main Author: Meredith, Guy
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1999.
Series:IMF Working Papers; Working Paper ; No. 1999/008
Online Access:Full text available on IMF
Description
Summary:This paper describes a small macroeconomic model based on a representative industrial-country block of MULTIMOD, the IMF's multi-country simulation model. REPMOD is designed to provide a more flexible and accessible tool for analysis by individual country desks than the full version of MULTIMOD. It also allows the construction of model-consistent baseline paths, in addition to conventional shock-minus-control experiments. After discussing the model's general structure and properties, some distinctive aspects are illustrated via simulations that explore the implications of Japan's liquidity trap.
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Physical Description:1 online resource (37 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Access:Electronic access restricted to authorized BRAC University faculty, staff and students