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...

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Détails bibliographiques
Auteur principal: Benes, Jaromir
Autres auteurs: Otker, Inci, Vavra, David
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2009.
Collection:IMF Working Papers; Working Paper ; No. 2009/123
Accès en ligne:Full text available on IMF