1 “... demand such as the secular increase in demand from emerging-market economies, usage efficiency...”

2 “... that is examined contains separate country blocks for the three major economies in the euro area, Germany, France...”

3 Subjects: “...Open Economy Macroeconomics...”

4 “... for closed and small, open economies. Using an extended version of Blanchard’s overlapping agents model...”

5 Subjects: “...Open Economy Macroeconomics...”

6 “... among the major industrial economies. The particular topical example analyzed here concerns the possible...”

7 “.... In MAPMOD, bank loans create purchasing power that facilitates adjustments in the real economy...”

8 “...This paper analyzes the scope for systematic rules-based fiscal activism in open economies...”

9 “... equals almost 75 percent for a large economy such as the United States, and almost 100 percent for a...”

10 “... in typical emerging-market economies, including a bank-credit channel and the role of external debt...”

11 “... analysis. In MAPMOD, bank loans create purchasing power that facilitates adjustments in the real economy...”

12 “... of this asymmetry is that it can be very costly if the economy overheats because this will necessitate a severe...”

13 “... in stabilizing output. A model-based analysis for the G3 economies (United States, euro area, and Japan) also...”

14 “... on the world economy. It also provides a framework for assessing the effects of fiscal actions needed to help...”

15 “... policy rule and allows the economy to overheat periodically will be forced to impose large recessions...”

16 “... on the domestic economy and on other countries...”

17 “..., which can be very costly for the economy, as shown by the Global Financial Crisis of 2008-09...”

18 “... called the Global Economy Model (GEM). This paper explains why such a model is needed, how GEM differs...”

19 “... multicountry model of the world economy. This algorithm is considerably faster and much less prone...”

20 “..., and Japanese economies. The model is estimated with Bayesian techniques, which provide a very efficient way...”