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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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2019.
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Series: | IMF Working Papers; Working Paper ;
No. 2019/255 |
Online Access: | Full text available on IMF |