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...

Descrizione completa

Dettagli Bibliografici
Autore principale: Rubio, Margarita
Altri autori: Unsal, Filiz
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2017.
Serie:IMF Working Papers; Working Paper ; No. 2017/059
Accesso online:Full text available on IMF