International Economics, Economic Policies, Future Studies & Forecasting, Professional Finance & Investing, International Business, Economics, Economics - Mathematical & Quanitative Methods, Macroeconomics
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Overview
This study describes the Mark III version of MULTIMOD, the IMF's multi region macroeconomic model. Mark III version of MULTIMOD differs from its predecessor in several important respects. New features include a core steady-state analogue model, a new model of teh inflation-unemployment nexus, and extended non-Ricardian specification of consumption-saving behavior, and improved specifications and estimates of investment behavior and international trade equations. In addition, the introduction of a new solution algorithm has greatly increased the robustness, speed of convergence, and accuracy of the simulations.Book Details
Published
May 21, 1998
Publisher
INTERNATIONAL MONETARY FUND
Format
Hardcover
ISBN
9781452732831