Macroprudential Policy, Incomplete Information and Inequality : The case of Low-Income and Developing Countries /
In this paper, we use a DSGE model to study the passive and time-varying implementation of macroprudential policy when policymakers have noisy and lagged data, as commonly observed in lowincome and developing countries (LIDCs). The model features an economy with two agents; households and entreprene...
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| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2017.
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| Collection: | IMF Working Papers; Working Paper ;
No. 2017/059 |
| Accès en ligne: | Full text available on IMF |