Home » Some Simulation Properties of the Major Euro Area Economies in Multimod by Ben Hunt
Some Simulation Properties of the Major Euro Area Economies in Multimod Ben  Hunt

Some Simulation Properties of the Major Euro Area Economies in Multimod

Ben Hunt

Published September 26th 2013
ISBN : 9781281606501
ebook
32 pages
Enter the sum

 About the Book 

This paper was prepared as part of a euro area macroeconomic model comparisons project. Four standard macroeconomic experiments are considered to illustrate the differences in dynamic adjustment properties of two versions of MULTIMOD, the IMFsMoreThis paper was prepared as part of a euro area macroeconomic model comparisons project. Four standard macroeconomic experiments are considered to illustrate the differences in dynamic adjustment properties of two versions of MULTIMOD, the IMFs multicountry macroeconomic model. One version of MULTIMOD that is examined contains separate country blocks for the three major economies in the euro area, Germany, France, and Italy. The second, more recent version, contains a single block describing the behavior of the whole euro area.