Informality, Frictions, and Macroprudential Policy /

We analyze the effects of macroprudential policies through the lens of an estimated dynamic stochastic general equilibrium (DSGE) model tailored to developing markets. In particular, we explicitly introduce informality in the labor and goods markets within a small open economy embedding financial fr...

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Bibliographic Details
Main Author: Ben Hassine, Moez
Other Authors: Rebei, Nooman
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2019.
Series:IMF Working Papers; Working Paper ; No. 2019/255
Online Access:Full text available on IMF