Financial Crises in DSGE Models : Selected Applications of MAPMOD /

This paper, together with a technical companion paper, presents MAPMOD, a new IMF model designed to study vulnerabilities associated with excessive credit expansions, and to support macroprudential policy analysis. In MAPMOD, bank loans create purchasing power that facilitates adjustments in the rea...

Cijeli opis

Bibliografski detalji
Glavni autor: Benes, Jaromir
Daljnji autori: Kumhof, Michael, Laxton, Douglas
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2014.
Serija:IMF Working Papers; Working Paper ; No. 2014/056
Online pristup:Full text available on IMF

Similar Items