GEM : A New International Macroeconomic Model /

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 predecessor model, and how the new features of the model can improve the IMF's policy...

Full description

Bibliographic Details
Main Author: Bayoumi, Tamim
Other Authors: Faruqee, Hamid, Karam, Philippe, Laxton, Douglas
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2004.
Series:Occasional Papers; Occasional Paper ; No. 2004/010
Online Access:Full text available on IMF