Zobrazeno 1 - 10
of 16
pro vyhledávání: '"Susanna Mursula"'
Publikováno v:
IMF Working Papers. 20
In this paper, we investigate the mechanisms through which import tariffs impact the macroeconomy in two large scale workhorse models used for quantitative policy analysis: a computational general equilibrium (CGE) model (Purdue University GTAP model
Publikováno v:
SSRN Electronic Journal.
There is no consensus on how strongly the Tax Cuts and Jobs Act (TCJA) has stimulated U.S. private fixed investment. Some argue that the business tax provisions spurred investment by cutting the cost of capital. Others see the TCJA primarily as a win
Publikováno v:
SSRN Electronic Journal.
Publikováno v:
European Economic Review. 55:118-139
The paper evaluates the costs and benefits of fiscal consolidation using simulations based on the IMFs global dynamic general equilibrium model GIMF. Over the longer run, well-targeted permanent reductions in budget deficits can lead to a considerabl
Publikováno v:
Journal of Monetary Economics. 57:506-526
The IMF's Global Integrated Monetary and Fiscal Model is used to compute short-run multipliers of fiscal stimulus measures and long-run crowding-out effects of higher debt. Multipliers of two-year stimulus range from 0.2 to 2.2 depending on the fisca
Autor:
Mika Kortelainen, Susanna Mursula, Dirk Muir, Stephen Snudden, Pedro Espaillat, Ben Hunt, René Lalonde, Michal Andrle, Keiko Honjo, Eleonora Mavroeidi, Patrick Blagrave, Douglas Laxton
The Flexible System of Global Models (FSGM) is a group of models developed by the Economic Modeling Division of the IMF for policy analysis. A typical module of FSGM is a multi-region, forward-looking semi-structural global model consisting of 24 reg
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::27a81f9c1d4b1090057547ec46926c22
http://www.imf.org/external/pubs/cat/longres.aspx?sk=42796
http://www.imf.org/external/pubs/cat/longres.aspx?sk=42796
This paper uses two of the IMF’s DSGE models to simulate the benefits of international fiscal and macroprudential policy coordination. The key argument is that these two policies are similar in that, unlike monetary policy, they have long-run effec
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::49e77d7dc5a3bac66e8b3a8c4c1a4a9f
http://www.imf.org/external/pubs/cat/longres.aspx?sk=41167
http://www.imf.org/external/pubs/cat/longres.aspx?sk=41167
Autor:
Stephen Snudden, Michael Kumhof, Derek Anderson, Dirk Muir, Mika Kortelainen, Susanna Mursula, Ben Hunt, Douglas Laxton
The Global Integrated Monetary and Fiscal model (GIMF) is a multi-region, forward-looking, DSGE model developed by the Economic Modeling Division of the IMF for policy analysis and international economic research. Using a 5-region version of the GIMF
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::95c7e6fc941332cdae3e1c26e80c460c
http://www.imf.org/external/pubs/cat/longres.aspx?sk=40357
http://www.imf.org/external/pubs/cat/longres.aspx?sk=40357
Autor:
Kotaro Ishi, Tommaso Mancini Griffoli, Yulia Ustyugova, Zoltan Jakab, Maurice Obstfeld, Joannes Mongardini, Constant Lonkeng Ngouana, Laura Jaramillo, Kevin Clinton, Douglas Laxton, Susanna Mursula, Romain Duval, Vitor Gaspar, Ratna Sahay, Dennis P Botman, Hou Wang, Oliver Wuensch, Erlend Nier
Publikováno v:
Staff Discussion Notes. 16:1
The recovery in GDP growth since the global financial crisis has been halting and weak. Concern is widespread that countercyclical policies have run out of space or lack the power to raise growth or deal with the next negative shock. This note argues
Autor:
Charles Freedman, Carlos de Resende, Jesper Lindé, Davide Furceri, John M. Roberts, Michael Kumhof, Stephen Snudden, Annabelle Mourougane, Mathias Trabandt, Werner Roeger, Dirk Muir, René Lalonde, Christopher J. Erceg, Douglas Laxton, Günter Coenen, Jan in 't Veld, Susanna Mursula
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 diffe
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::74ae29b69044ea4b470598e410920725
http://www.imf.org/external/pubs/cat/longres.aspx?sk=23671
http://www.imf.org/external/pubs/cat/longres.aspx?sk=23671