Monetary and Macroprudential Policy in an Estimated DSGE Model of the Euro Area /

In this paper, we study the optimal mix of monetary and macroprudential policies in an estimated two-country model of the euro area. The model includes real, nominal and financial frictions, and hence both monetary and macroprudential policy can play a role. We find that the introduction of a macrop...

Descrición completa

Detalles Bibliográficos
Autor Principal: Quint, Dominic
Outros autores: Rabanal, Pau
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Working Papers; Working Paper ; No. 2013/209
Acceso en liña:Full text available on IMF