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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Bibliografiska uppgifter
Huvudupphovsman: Quint, Dominic
Övriga upphovsmän: Rabanal, Pau
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2013.
Serie:IMF Working Papers; Working Paper ; No. 2013/209
Länkar:Full text available on IMF