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imfer-theory-model

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Use when an IMF Economic Review (IMFER) manuscript needs an open-economy model to discipline, interpret, or generate counterfactuals for its evidence — whether a full international-finance model leads the paper or a light framework supports an empirical estimate. Right-sizes the theory to IMFER's policy-relevant bar; it does not design identification (imfer-identification) or run robustness (imfer-robustness).

When to use

• discipline, interpret, or generate counterfactuals for evidence
• full international-finance model leads the paper
• light framework supports an empirical estimate
• name the open-economy mechanism
• map a reduced-form coefficient to a structural parameter
• deliver a welfare or counterfactual number
• generate cross-country sign/heterogeneity predictions
• right-size a generic NK-SOE model

When not to use

• design identification
• run robustness

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