Modeling with Macro-Financial Linkages : Credit and Policy Shocks in Emerging Markets /

This paper develops a stylized, small, open economy macro model that incorporates an explicit and non-trivial role for financial intermediation. It illustrates how such a model could be used for policy analysis in an emerging market economy where policymakers are concerned about risks associated wit...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Benes, Jaromir
Weitere Verfasser: Otker, Inci, Vavra, David
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2009.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2009/123
Online Zugang:Full text available on IMF