Monetary Policy in Low Income Countries in the Face of the Global Crisis : The Case of Zambia /
We develop a DSGE model with a banking sector to analyze the impact of the financial crisis on Zambia and the role of the monetary policy response. We view the crisis as a combination of three related shocks: a worsening in the terms of the trade, an increase in the country's risk premium, and...
Auteur principal: | Benes, Jaromir |
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Autres auteurs: | Berg, Andrew, Dao, Mai, Portillo, Rafael |
Format: | Revue |
Langue: | English |
Publié: |
Washington, D.C. :
International Monetary Fund,
2012.
|
Collection: | IMF Working Papers; Working Paper ;
No. 2012/094 |
Accès en ligne: | Full text available on IMF |
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