Macroprudential Policy and Labor Market Dynamics in Emerging Economies /

Emerging economies have high shares of self-employed individuals running owner-only firms who, in contrast to many salaried firms, have little access to formal financing and therefore rely on informal financing (input credit) from other firms. We build a small open economy real business cycle model...

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Autor principal: Finkelstein Shapiro, Alan
Altres autors: Gonzalez, Andres
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2015.
Col·lecció:IMF Working Papers; Working Paper ; No. 2015/078
Accés en línia:Full text available on IMF