An estimated model with macrofinancial linkages for India /

An estimated model with macrofinancial linkages for India /

Saved in:

Bibliographic Details
Author / Creator:	Anand, Rahul, author.
Imprint:	[Washington, D.C.] : International Monetary Fund, ©2010.
Description:	1 online resource (44 pages) : color illustrations
Language:	English
Series:	IMF working paper ; WP/10/21 IMF working paper ; WP/10/21.
Subject:	Monetary policy -- India -- Econometric models. Banks and banking, Central -- India -- Econometric models. Banks and banking, Central -- Econometric models. Monetary policy -- Econometric models. India. Electronic books.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12495447

Hidden Bibliographic Details
Other authors / contributors:	Peiris, Shanaka J. (Shanaka Jayanath), 1975- author. Saxegaard, Magnus, author. International Monetary Fund. Asia and Pacific Department, issuing body.
ISBN:	1451918690 9781451918694 1462353738 9781462353736 1451962320 9781451962321 1452702624 9781452702629 9786612845291 6612845295 1282845292 9781282845299
Digital file characteristics:	text file
Notes:	Title from PDF title page (IMF Web site, viewed February 25, 2010). At head of title: Asia and Pacific Department. Available in PDF, ePUB, and Mobi formats on the Internet. "January 2010." Includes bibliographical references. Restrictions unspecified Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2011. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 English. digitized 2011 HathiTrust Digital Library committed to preserve
Summary:	This paper develops a small open economy dynamic stochastic general-equilibrium model with macrofinancial linkages. The model includes a financial accelerator--entrepreneurs are assumed to partially finance investment using domestic and foreign currency debt--to assess the importance of financial frictions in the amplification and propagation of the effects of transitory shocks. We use Bayesian estimation techniques to estimate the model using India data. The model is used to assess the importance of the financial accelerator in India and the optimality of monetary policy.
Other form:	Print version: Anand, Rahul. Estimated model with macrofinancial linkages for India. [Washington, D.C.] : International Monetary Fund, ©2010
Standard no.:	10.5089/9781451918694.001

Description
Summary:	This paper develops a small open economy dynamic stochastic general-equilibrium model with macrofinancial linkages. The model includes a financial accelerator--entrepreneurs are assumed to partially finance investment using domestic and foreign currency debt--to assess the importance of financial frictions in the amplification and propagation of the effects of transitory shocks. We use Bayesian estimation techniques to estimate the model using India data. The model is used to assess the importance of the financial accelerator in India and the optimality of monetary policy.
Item Description:	Title from PDF title page (IMF Web site, viewed February 25, 2010). At head of title: Asia and Pacific Department. Available in PDF, ePUB, and Mobi formats on the Internet. "January 2010."
Physical Description:	1 online resource (44 pages) : color illustrations
Format:	Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Bibliography:	Includes bibliographical references.
ISBN:	1451918690 9781451918694 1462353738 9781462353736 1451962320 9781451962321 1452702624 9781452702629 9786612845291 6612845295 1282845292 9781282845299