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

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

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

24 “... of such asymmetries, the average level of output in an economy subject to demand shocks will be below the level...”

25 “... macroeconomic strategy, for returning the Canadian economy to potential, combines conventional forward guidance...”

26 “... of the applications of two of these models. The Global Economy Model is a quarterly model that features a large...”