This publication sets out the Global Economic Model (GEM), a new multicountry macroeconomic model developed by IMF research department staff, based on an explicit microeconomic framework. The paper explains how GEM differs from its predecessor model Multimod, outlines how its new features can improve IMF policy analysis, and discusses three simulation exercises completed.
- ISBN13 9781589063754
- Publish Date 30 November 2004
- Publish Status Active
- Publish Country US
- Imprint International Monetary Fund (IMF)
- Edition illustrated Edition
- Format Hardcover
- Pages 29
- Language English