An Estimated Model with Macrofinancial Linkages for India /
This paper develops a small open economy dynamic stochastic general-equilibrium model with macrofinancial linkages. The model includes a financial accelerator--entrepreneurs are assumed to partially finance investment using domestic and foreign currency debt--to assess the importance of financial fr...
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Andre forfattere: | , |
Format: | Tidsskrift |
Sprog: | English |
Udgivet: |
Washington, D.C. :
International Monetary Fund,
2010.
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Serier: | IMF Working Papers; Working Paper ;
No. 2010/021 |
Online adgang: | Full text available on IMF |