Monetary and Fiscal Policy Options for Dealing with External Shocks : Insights from the GIMF for Colombia /

This paper utilizes an open-economy New Keynesian overlapping generations model, the Global Integrated Monetary and Fiscal Model (GIMF), to assess the macroeconomic effects of external shocks and the impact of various monetary and fiscal policy responses. The simulations assess the effect of shocks...

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Hlavní autor: Flores, Enrique
Další autoři: Clements, Benedict, Leigh, Daniel
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2009.
Edice:IMF Working Papers; Working Paper ; No. 2009/059
On-line přístup:Full text available on IMF