European Parliament Library

Some Simulation Properties of the Major Euro Area Economies in Multimod, Douglas Laxton, Benjamin Hunt

Label
Some Simulation Properties of the Major Euro Area Economies in Multimod, Douglas Laxton, Benjamin Hunt
Language
eng
Abstract
This paper was prepared as part of a euro area macroeconomic model comparisons project. Four standard macroeconomic experiments are considered to illustrate the differences in dynamic adjustment properties of two versions of MULTIMOD, the IMF's multicountry macroeconomic model. One version of MULTIMOD that is examined contains separate country blocks for the three major economies in the euro area, Germany, France, and Italy. The second, more recent version, contains a single block describing the behavior of the whole euro area
resource.governmentPublication
international or intergovernmental publication
Literary Form
non fiction
Main title
Some Simulation Properties of the Major Euro Area Economies in Multimod
Nature of contents
dictionaries
Responsibility statement
Douglas Laxton, Benjamin Hunt
Series statement
IMF Working Papers
Contributor
Content
Other version