Monetary Policy in Low Income Countries in the Face of the Global Crisis : The Case of Zambia /

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...

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Bibliografische gegevens
Hoofdauteur:	Benes, Jaromir
Andere auteurs:	Berg, Andrew, Dao, Mai, Portillo, Rafael
Formaat:	Tijdschrift
Taal:	English
Gepubliceerd in:	Washington, D.C. : International Monetary Fund, 2012.
Reeks:	IMF Working Papers; Working Paper ; No. 2012/094
Online toegang:	Full text available on IMF

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