The Flexible System of Global Models – FSGM

The Flexible System of Global Models – FSGM
Author :
Publisher : International Monetary Fund
Total Pages : 66
Release :
ISBN-10 : 9781475547498
ISBN-13 : 1475547498
Rating : 4/5 (498 Downloads)

Book Synopsis The Flexible System of Global Models – FSGM by : Michal Andrle

Download or read book The Flexible System of Global Models – FSGM written by Michal Andrle and published by International Monetary Fund. This book was released on 2015-03-20 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Flexible System of Global Models (FSGM) is a group of models developed by the Economic Modeling Division of the IMF for policy analysis. A typical module of FSGM is a multi-region, forward-looking semi-structural global model consisting of 24 regions. Using the three core modules focused on the G-20, the euro area, and emerging market economies, this paper outlines the theory under-pinning the model, and illustrates its macroeconomic properties by presenting its responses under a wide range of experiments, including monetary, financial, demand, supply, fiscal and international shocks.


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