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Trade, stability, and macroeconomics : essays in honor of Lloyd A. Metzler

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Power of many : assessing the economic impact of the global fiscal stimulus

De Resende, Carlos; Lalonde, René; Snudden, Stephen - 2010

The Bank of Canada Global Economy Model (BoC-GEM) is used to examine the effect of various types of discretionary fiscal policies on different regions of the globe. The BoC-GEM is a microfounded dynamic stochastic general-equilibrium global model with six regions, multiple sectors, and...