Managing Macrofinancial Risk /

We augment a linearized dynamic stochastic general equilibrium (DSGE) model with a tractable endogenous risk mechanism, to support the joint analysis of monetary and macroprudential policy. This state dependent conditional heteroskedasticity mechanism specifies the conditional variances of structura...

Volledige beschrijving

Bibliografische gegevens
Hoofdauteur: Adrian, Tobias
Andere auteurs: Vitek, Francis
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2020.
Reeks:IMF Working Papers; Working Paper ; No. 2020/151
Online toegang:Full text available on IMF