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...
Yazar: | |
---|---|
Diğer Yazarlar: | |
Materyal Türü: | Dergi |
Dil: | English |
Baskı/Yayın Bilgisi: |
Washington, D.C. :
International Monetary Fund,
2013.
|
Seri Bilgileri: | IMF Working Papers; Working Paper ;
No. 2013/209 |
Online Erişim: | Full text available on IMF |