IGEM II: a New Variant of the Italian General Equilibrium Model

Barbara Annichiarico, Fabio Di Dio () and Francesco Felici
Authors registered in the RePEc Author Service: Barbara Annicchiarico ()

No 4, Working Papers from Department of the Treasury, Ministry of the Economy and of Finance

Abstract: This paper provides a full technical description of a variant of the Italian General Equilibrium Model (IGEM), a dynamic general equilibrium model used as a laboratory for policy analysis at the Department of the Italian Treasury. This version of IGEM presents four specific key features: (i) imperfectly competitive final good sector; (ii) involuntary unemployment; (iii) a business tax bearing on firms; (iv) market frictions in the labor market of atypical workers. The paper presents some simulation scenarios of structural and fiscal reforms.

Keywords: Dynamic General Equilibrium Model; Quantitative Policy Analysis; Simulation Analysis; Italy (search for similar items in EconPapers)
JEL-codes: E27 E30 E60 (search for similar items in EconPapers)
Pages: 53
Date: 2016-10
New Economics Papers: this item is included in nep-cmp, nep-dge and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.dt.mef.gov.it/modules/documenti_it/anal ... 4_-_Ottobre_2016.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:itt:wpaper:2016-4

Access Statistics for this paper

More papers in Working Papers from Department of the Treasury, Ministry of the Economy and of Finance Contact information at EDIRC.
Bibliographic data for series maintained by Michele Petrocelli ( this e-mail address is bad, please contact ).