An Extended Quarterly Projection Model : Credit Cycle, Macrofinancial Linkages and Macroprudential Measures: The Case of the Philippines /

We extend a modern practical Quarterly Projection Model to study credit cycle dynamics and risks, focusing on macrofinancial linkages and the role of macroprudential policy in achieving economic and financial stability. We tailor the model to the Philippines and evaluate the model's properties...

Szczegółowa specyfikacja

Opis bibliograficzny
1. autor: Karam, Philippe
Kolejni autorzy: Pranovich, Mikhail, Vlcek, Jan
Format: Czasopismo
Język:English
Wydane: Washington, D.C. : International Monetary Fund, 2021.
Seria:IMF Working Papers; Working Paper ; No. 2021/256
Hasła przedmiotowe:
Dostęp online:Full text available on IMF
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100 1 |a Karam, Philippe. 
245 1 3 |a An Extended Quarterly Projection Model :   |b Credit Cycle, Macrofinancial Linkages and Macroprudential Measures: The Case of the Philippines /  |c Philippe Karam, Mikhail Pranovich, Jan Vlcek. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2021. 
300 |a 1 online resource (45 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a We extend a modern practical Quarterly Projection Model to study credit cycle dynamics and risks, focusing on macrofinancial linkages and the role of macroprudential policy in achieving economic and financial stability. We tailor the model to the Philippines and evaluate the model's properties along several dimensions. The model produces plausible dynamics and sensible forecasts. This along with its simplicity makes it useful for policy analysis. In particular, it should help policymakers understand the quantitative implications of responding to changes in domestic financial conditions, along with other shocks, through the joint use of macroprudential and monetary policies. 
538 |a Mode of access: Internet 
650 7 |a Credit Cycle Dynamics  |2 imf 
650 7 |a Monetary Policy  |2 imf 
650 7 |a Money and Interest Rates  |2 imf 
650 7 |a Philippines, Forecasting and Policy Analysis  |2 imf 
650 7 |a Policy Analysis  |2 imf 
650 7 |a Quantitative Policy Modeling  |2 imf 
700 1 |a Pranovich, Mikhail. 
700 1 |a Vlcek, Jan. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2021/256 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2021/256/001.2021.issue-256-en.xml  |z IMF e-Library