Business Cycle with Bank Intermediation in Oil Economies /

The structural model in this paper proposes a micro-founded framework that incorporates an active banking sector with an oil-producing sector. The primary goal of adding a banking sector is to examine the role of an interbank market on shocks, introduce a national development fund and study its link...

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Bibliographic Details
Main Author: Tabarraei, Hamid
Other Authors: Ghiaie, Hamed, Shahmoradi, Asghar
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2018.
Series:IMF Working Papers; Working Paper ; No. 2018/999
Online Access:Full text available on IMF