Monetary and Macroprudential Policies to Manage Capital Flows /
We study interactions between monetary and macroprudential policies in a model with nominal and financial frictions. The latter derive from a financial sector that provides credit and liquidity services that lead to a financial accelerator-cum-fire-sales amplification mechanism. In response to fluct...
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| 格式: | 雜誌 |
| 語言: | English |
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Washington, D.C. :
International Monetary Fund,
2014.
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| 叢編: | IMF Working Papers; Working Paper ;
No. 2014/030 |
| 在線閱讀: | Full text available on IMF |