An Estimated Small Open Economy Model of the Financial Accelerator /
This paper develops a small open economy model where entrepreneurs partially finance investment using foreign currency denominated debt subject to a risk premium above and beyond international interest rates. We use Bayesian estimation techniques to evaluate the importance of balance sheet vulnerabi...
| Autore principale: | Justiniano Espigares, Alejandro |
|---|---|
| Altri autori: | Elekdag, Selim, Tchakarov, Ivan |
| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2005.
|
| Serie: | IMF Working Papers; Working Paper ;
No. 2005/044 |
| Accesso online: | Full text available on IMF |
Documenti analoghi
-
Estimating a Small Open-Economy Model for Egypt : Spillovers, Inflation Dynamics, and Implications for Monetary Policy /
di: Arbatli Saxegaard, Elif
Pubblicazione: (2011) -
A Small Structural Monetary Policy Model for Small Open Economies with Debt Accumulation /
di: Karam, Philippe
Pubblicazione: (2008) -
Fiscal Policy Effectiveness in a Small Open Economy : Estimates of Tax and Spending Multipliers in Paraguay /
di: David, Antonio
Pubblicazione: (2017) -
Monetary and Fiscal Coordination in Small Open Economies /
di: Worrell, Rupert
Pubblicazione: (2000) -
The Fiscal Multiplier in Small Open Economy : The Role of Liquidity Frictions /
di: Sin, Jasmin
Pubblicazione: (2016)