Macroprudential regulation in a GSGE model of the Philippines with financial-real linkages
We develop a small open economy New Keynesian DSGE model of financial-real linkages with banking intermediation and macroprudential regulation. The study has two main objectives: (i) understand the role of banking intermediation and financial frictions in the transmission of monetary policy; and (ii...
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Main Authors: | Pagaduan, Jesson A., Majuca, Ruperto P. |
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Format: | text |
Published: |
Animo Repository
2016
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Online Access: | https://animorepository.dlsu.edu.ph/faculty_research/2120 |
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Institution: | De La Salle University |
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