Capital Gaps, Risk Dynamics, and the Macroeconomy /

Motivated by the increasing interest in analyzing the links between the financial sector and the real economy, we develop a macro-financial structural model with two novel features. First, we include idiosyncratic and aggregate risk in a tractable general equilibrium model. This allows us to capture...

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Автор: Lipinsky, Fabian
Інші автори: Miescu, Mirela
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2020.
Серія:IMF Working Papers; Working Paper ; No. 2020/209
Онлайн доступ:Full text available on IMF