Global integrated monetary and fiscal model

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Title: Global integrated monetary and fiscal model
Author: Kortelainen, Mika
Series: Bank of Finland. Bulletin. Monetary policy and the global economy
Series volume: 87
Series number: 1
Year of publication: 2013
Pages: 49-55
Keywords: kansainvälinen talous; mallit; Suomen Pankki; rahapolitiikka; finanssipolitiikka; GIMF
Abstract: The Bank of Finland has adopted a new model of the international monetary and financial economy developed at the International Monetary Fund (IMF) for the analysis of political changes and shocks to the global economy. This article provides an introduction to the structure and key assumptions of the model and illustrates its properties through a more detailed presentation of the risk scenario discussed in the article 'Monetary policy and the global economy' (above).

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