Monetary and Fiscal Policy Options for Dealing with External Shocks : Insights from the GIMF for Colombia /

This paper utilizes an open-economy New Keynesian overlapping generations model, the Global Integrated Monetary and Fiscal Model (GIMF), to assess the macroeconomic effects of external shocks and the impact of various monetary and fiscal policy responses. The simulations assess the effect of shocks...

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Dettagli Bibliografici
Autore principale: Flores, Enrique
Altri autori: Clements, Benedict, Leigh, Daniel
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2009.
Serie:IMF Working Papers; Working Paper ; No. 2009/059
Accesso online:Full text available on IMF