01697cas a2200241 a 4500 AALejournalIMF007722 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451972689 1934-7456 BD-DhAAL BD-DhAAL Isard, Peter. The Role of MULTIMOD in the IMF's Policy Analysis / Peter Isard. Washington, D.C. : International Monetary Fund, 2000. 1 online resource (27 pages) IMF Policy Discussion 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 describes the basic structure, underlying philosophy, and key behavioral properties of MULTIMOD. It also focuses on several recent applications of macromodels in the IMF's policy analysis, emphasizing that most questions put forward for analysis with models like MULTIMOD are initially posed in ways that cannot be addressed by simply pushing a computer key. Meaningful macromodel-based policy analysis requires a sensibly structured and parameterized macromodel, but it also generally requires considerable probing of the nature of the policy issues in order to reformulate policy questions in terms of well-defined exogenous shocks. Mode of access: Internet IMF Policy Discussion Papers; Policy Discussion Paper ; No. 2000/005 Full text available on IMF http://elibrary.imf.org/view/journals/003/2000/005/003.2000.issue-005-en.xml IMF e-Library