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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书目详细资料
主要作者: Benes, Jaromir
其他作者: Kumhof, Michael, Laxton, Douglas
格式: 杂志
语言:English
出版: Washington, D.C. : International Monetary Fund, 2014.
丛编:IMF Working Papers; Working Paper ; No. 2014/056
在线阅读:Full text available on IMF