Please use this identifier to cite or link to this item:
https://hdl.handle.net/10419/30638
Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Goodhart, Charles A. E. | en |
dc.contributor.author | Osorio, Carolina | en |
dc.contributor.author | Tsomocos, Dimitrios P. | en |
dc.date.accessioned | 2010-01-26 | - |
dc.date.accessioned | 2010-05-14T08:23:30Z | - |
dc.date.available | 2010-05-14T08:23:30Z | - |
dc.date.issued | 2009 | - |
dc.identifier.uri | http://hdl.handle.net/10419/30638 | - |
dc.description.abstract | This paper introduces agent heterogeneity, liquidity, and endogenous default to a DSGE framework. Our model allows for a comprehensive assessment of regulatory and monetary policy, as well as welfare analysis in the different sectors of the economy. Due to liquidity and endogenous default, the transmission mechanism of shocks is well defined, and their short to medium run effects on financial stability are properly captured. | en |
dc.language.iso | eng | en |
dc.publisher | |aCenter for Economic Studies and ifo Institute (CESifo) |cMunich | en |
dc.relation.ispartofseries | |aCESifo Working Paper |x2885 | en |
dc.subject.jel | D50 | en |
dc.subject.jel | E43 | en |
dc.subject.jel | E44 | en |
dc.subject.jel | E50 | en |
dc.subject.jel | G01 | en |
dc.subject.jel | G20 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | general equilibrium | en |
dc.subject.keyword | financial fragility | en |
dc.subject.keyword | monetary policy | en |
dc.subject.keyword | regulation | en |
dc.title | Analysis of monetary policy and financial stability: a new paradigm | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 617135010 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
Files in This Item:
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.