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...

詳細記述

書誌詳細
第一著者: Benes, Jaromir
その他の著者: Kumhof, Michael, Laxton, Douglas
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2014.
シリーズ:IMF Working Papers; Working Paper ; No. 2014/057
オンライン・アクセス:Full text available on IMF