Volume 55, Number 2, 2008 Last updated: July 2008 |
Contents |
Getting to Know the Global Economy Model and Its Philosophy
Douglas Laxton
The Global Economy Model: Theoretical Framework
Paolo Pesenti
The Impact on the United States of the Rise in Energy Prices: Does the Source of the Energy Market Imbalance Matter?
Jared Bebee and Ben Hunt
Oil Price Movements and the Global Economy: A Model-Based Assessment
Selim Elekdag, René Lalonde, Douglas Laxton, Dirk Muir, and Paolo Pesenti
Productivity and Global Imbalances: The Role of Nontradable Total Factor Productivity in Advanced Economies
Pietro Cova, Massimiliano Pisani, Nicoletta Batini, and Alessandro Rebucci
Inflation Targeting and Price-Level-Path Targeting in the Global Economy Model: Some Open Economy Considerations
Donald Coletti, René Lalonde, and Dirk Muir
The Macroeconomic Costs and Benefits of Adopting the Euro
Philippe Karam, Douglas Laxton, David Rose, and Natalia Tamirisa
Why It Pays to Synchronize Structural Reforms in the Euro Area Across Markets and Countries
Luc Everaert and Werner Schule