Financial Crises in DSGE Models : Selected Applications of MAPMOD /

This paper, together with a technical companion paper, presents MAPMOD, a new IMF model designed to study vulnerabilities associated with excessive credit expansions, and to support macroprudential policy analysis. In MAPMOD, bank loans create purchasing power that facilitates adjustments in the rea...

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Détails bibliographiques
Auteur principal: Benes, Jaromir
Autres auteurs: Kumhof, Michael, Laxton, Douglas
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2014.
Collection:IMF Working Papers; Working Paper ; No. 2014/056
Accès en ligne:Full text available on IMF