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|c 5.00 USD
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|z 9781513532967
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|a 1018-5941
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|a Andrle, Michal.
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|a Banks in The Global Integrated Monetary and Fiscal Model /
|c Michal Andrle, Michael Kumhof, Douglas Laxton, Dirk Muir.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2015.
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|a 1 online resource (49 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a The Global Integrated Monetary and Fiscal model (GIMF) is a multi-region DSGE model developed by the Economic Modeling Division of the IMF for policy and scenario analysis. This paper compares two versions of GIMF, GIMF with a conventional financial accelerator, where bank balance sheets do not play a prominent role, and GIMF with both a financial accelerator and a fully specified banking sector that can make lending losses, and that is regulated according to Basel-III. We illustrate the comparative macroeconomic properties of both models by presenting their responses to a wide range of fiscal, demand, supply and financial shocks.
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|a Mode of access: Internet
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|a Kumhof, Michael.
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|a Laxton, Douglas.
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|a Muir, Dirk.
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|a IMF Working Papers; Working Paper ;
|v No. 2015/150
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2015/150/001.2015.issue-150-en.xml
|z IMF e-Library
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