01587cas a2200241 a 4500 AALejournalIMF005831 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451872644 1018-5941 BD-DhAAL BD-DhAAL Berkmen, Pelin. Macroeconomic Responses to Terms-of-Trade Shocks : A Framework for Policy Analysis for the Argentine Economy / Pelin Berkmen. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (34 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper presents a version of the global integrated monetary fiscal (GIMF) model adapted and calibrated to the Argentine economy. The model replicates the effect of the strong improvement in Argentina's terms of trade stemming from higher world commodity prices as well as other key economic trends in Argentina during the period 2003-2007. The model can be used to assess the potential impact of different combinations of monetary and fiscal policies on output, inflation, and the external trade. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2009/117 Full text available on IMF http://elibrary.imf.org/view/journals/001/2009/117/001.2009.issue-117-en.xml IMF e-Library