GEM : a new international macroeconomic model - Bayoumi, Tamim A.; Laxton, Douglas; International Monetary Fund (Washington, D.C. : International Monetary Fund, 2004)
Overview -- Philosophy and approach. Why a new model? Structure of GEM. Strengths and weaknesses of GEM -- How has GEM been used? Measuring the benefits of raising euro area labor and product market competition. Should monetary policy rules differ between industrial countries and emerging market countries? The impact of higher oil prices -- Current development work. Fiscal policy. International asset markets -- The road ahead
BIB
Keywords: Economic policy -- Econometric models; Macroeconomics -- Econometric models