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Gem A New International Macroeconomic Model: Imf Occasional Paper 239 (Occasional Paper (Intl Monetary Fund))
Gem A New International Macroeconomic Model Imf Occasional Paper 239 - Occasional Paper Intl Monetary Fund Author:Tamim Bayoumi, Douglas Laxton This publication sets out the Global Economic Model (GEM), a new multicountry macroeconomic model developed by IMF research department staff, based on an explicit microeconomic framework. The paper explains how GEM differs from its predecessor model Multimod, outlines how its new features can improve IMF policy analysis, and discusses three simu... more »lation exercises completed.« less