Macroeconomic model spillovers and their discontents /
The Great Recession underlined that policies in some countries can have profound spillovers elsewhere. Sadly, the solution of simulating large macroeconomic models to measure these spillovers has been found wanting. Typical models generate lower international correlations of output and financial ass...
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
[Washington, D.C.] :
International Monetary Fund,
©2013.
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| Series: | IMF working paper ;
WP/13/4. |
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| Online Access: | CONNECT |
