Autori
Annicchiarico, Barbara
Di Dio, Fabio
Felici, Francesco

Titolo
IGEM: a dynamic general equilibrium model for Italy
Periodico
Ministero dell'Economia e delle Finanze. Dipartimento del Tesoro. Working paper
Anno: 2013 - Volume: 04 - Fascicolo: 4 - Pagina iniziale: 1 - Pagina finale: 54

This paper provides a full technical account of the Italian General Equilibrium Model (IGEM), a new dynamic general equilibrium model for the Italian economy developed at the Department of Treasury of the Italian Ministry of the Economy and Finance. IGEM integrates typical New Keynesian elements, such as imperfect competition and nominal rigidities, into a general equilibrium framework. One of the key features of the model is the detailed representation of the labor market, designed to capture the dualism of the Italian economic system. The new model will serve as a laboratory for policy analysis.



SICI: 1972-411X(2013)04:4<1:IADGEM>2.0.ZU;2-O
Testo completo: http://www.dt.tesoro.it/export/sites/sitodt/modules/documenti_it/analisi_progammazione/working_papers/WP_N_4-2013.pdf

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