The Global Integrated Monetary and Fiscal Model (GIMF) – Theoretical Structure
By Mr.Michael Kumhof, Mr.Dirk Muir, Susanna Mursula, Mr.Douglas Laxton
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This working paper presents a comprehensive overview of the theoretical structure of the Global Integrated Monetary and Fiscal Model (GIMF), a multi-region dynamic general equilibrium model that is used by the IMF for a variety of tasks including policy analysis, risk analysis, and surveillance.