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Effects of Fiscal Stimulus in Structural Models
Kumhof, Michael - 2010
The paper assesses, using seven structural models used heavily by policymaking institutions, the effectiveness of temporary fiscal stimulus. Models can, more easily than empirical studies, account for differences between fiscal instruments, for differences between structural characteristics of...
Persistent link: https://www.econbiz.de/10014402816
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An economy in transition and DSGE : what the Czech National Bank's new projection model needs
Beneš, Jaromír; Hlédik, Tibor; Kumhof, Michael; … - 2005
Persistent link: https://www.econbiz.de/10003331372
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Does the exchange rate belong in monetary policy rules? : new answers from a DSGE model with endogenous tradability and trade frictions
Kumhof, Michael; Laxton, Douglas; Naknoi, Kanda - In: Macroeconomic performance in a globalising economy, (pp. 120-154). 2011
Persistent link: https://www.econbiz.de/10008909082
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The Global Integrated Monetary and Fiscal Model (GIMF) : theoretical structure
Kumhof, Michael; Laxton, Douglas; Muir, D.; Mursula, Susanna - 2010
Persistent link: https://www.econbiz.de/10003963198
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Effects of fiscal stimulus in structural models
Coenen, Günter; Erceg, Christopher J.; Freedman, Charles; … - In: American economic journal : a journal of the American … 4 (2012) 1, pp. 22-68
Persistent link: https://www.econbiz.de/10009524127
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Income inequality and current account imbalances
Kumhof, Michael; Lebarz, Claire; Rancière, Romain; … - 2012
Persistent link: https://www.econbiz.de/10009424696
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Getting to know GIMF : the simulation properties of the global integrated monetary and fiscal model
Anderson, Derek; Hunt, Benjamin F.; Kortelainen, Mika; … - 2013
Persistent link: https://www.econbiz.de/10009726538
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Financial crises in DSGE models : a prototype model
Benes, Jaromir; Kumhof, Michael; Laxton, Douglas - 2014
Persistent link: https://www.econbiz.de/10010359938
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Financial crises in DSGE models : selected applications of MAPMOD
Benes, Jaromir; Kumhof, Michael; Laxton, Douglas - 2014
Persistent link: https://www.econbiz.de/10010359944
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Optimal price setting and inflation inertia in a rational expectations model
Juillard, Michel; Kamenik, Ondra; Kumhof, Michael; … - In: Journal of economic dynamics & control 32 (2008) 8, pp. 2584-2621
Persistent link: https://www.econbiz.de/10003746472