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...

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Bibliografski detalji
Glavni autor: Quint, Dominic
Daljnji autori: Rabanal, Pau
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2013.
Serija:IMF Working Papers; Working Paper ; No. 2013/209
Online pristup:Full text available on IMF