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Some Simulation Properties of the Major Euro Area Economies in Multimod

Mr. Douglas LaxtonMr. Ben Hunt

出版	International Monetary Fund, 2003-02-01
主題	Business & Economics / Economics / MacroeconomicsBusiness & Economics / Economics / GeneralBusiness & Economics / International / Economics
ISBN	14518925439781451892543
URL	http://books.google.com.hk/books?id=AWS-DYjNy7QC&hl=&source=gbs_api

註釋

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 IMF''s 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.