Financial Crises in DSGE Models : A Prototype Model /
This paper presents the theoretical structure of 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 real economy. But...
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| Autres auteurs: | , |
| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2014.
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| Collection: | IMF Working Papers; Working Paper ;
No. 2014/057 |
| Accès en ligne: | Full text available on IMF |