A Quantitative Microfounded Model for the Integrated Policy Framework /

We develop a microfounded New Keynesian model to analyze monetary policy and financial stability issues in open economies with financial fragilities and weakly anchored inflation expectations. We show that foreign exchange intervention (FXI) and capital flow management tools (CFMs) can improve monet...

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Bibliografske podrobnosti
Glavni avtor: Adrian, Tobias
Drugi avtorji: Erceg, Christopher, Kolasa, Marcin, Linde, Jesper
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2021.
Serija:IMF Working Papers; Working Paper ; No. 2021/292
Teme:
Online dostop:Full text available on IMF