01644cas a2200253 a 4500 AALejournalIMF020817 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513537023 1018-5941 BD-DhAAL BD-DhAAL Fukunaga, Ichiro. Synergies Between Monetary and Macroprudential Policies in Thailand / Ichiro Fukunaga, Manrique Saenz. Washington, D.C. : International Monetary Fund, 2020. 1 online resource (28 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students A dynamic stochastic general equilibrium (DSGE) model tailored to the Thai economy is used to explore the performance of alternative monetary and macroprudential policy rules when faced with shocks that directly impact the financial cycle. In this context, the model shows that a monetary policy focused on its traditional inflation and output objectives accompanied by a well targeted counter-cyclical macroprudential policy yields better macroeconomic outcomes than a lean-against-the-wind monetary policy rule under a wide range of assumptions. Mode of access: Internet Saenz, Manrique. IMF Working Papers; Working Paper ; No. 2020/083 Full text available on IMF http://elibrary.imf.org/view/journals/001/2020/083/001.2020.issue-083-en.xml IMF e-Library