A macro model of the credit channel in a currency union member : the case of Benin /
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| Author / Creator: | Samake, Issouf. |
|---|---|
| Imprint: | Washington, D.C. : International Monetary Fund, c2010. |
| Description: | 1 online resource (31 p.). |
| Language: | English |
| Series: | IMF working paper ; WP/10/191 IMF working paper ; WP/10/191. |
| Subject: | |
| Format: | E-Resource Book |
| URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/14154607 |
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| 100 | 1 | |a Samake, Issouf. | |
| 245 | 1 | 2 | |a A macro model of the credit channel in a currency union member : |b the case of Benin / |c [prepared by] Issouf Samake. |
| 260 | |a Washington, D.C. : |b International Monetary Fund, |c c2010. | ||
| 300 | |a 1 online resource (31 p.). | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF working paper ; |v WP/10/191 | |
| 505 | 0 | |a Cover Page; Title Page; Copyright Page; I. Introduction; II. Background and Benchmark Model; III. Baseline Projections; IV. Policy Experiments; V. Conclusions; References; Footnotes | |
| 520 | |a This paper applies and extends a theoretical model built by Agénor and Montiel (2007) by exploring the effectiveness of government bonds and monetary policy in a small, open, credit-based economy with a fixed exchange rate. The model is applied to Benin, a member of a currency union, using a general equilibrium model with stochastic simulation. Model calibration replicates the historical pattern for 1996-2009. Policy experiments simulated an increase in government securities in Benin's regional market and a cut in the reserve requirement. Simulations produced mixed results. It appears that, am. | ||
| 500 | |a "August 2010." | ||
| 504 | |a Includes bibliographical references (p. 24-26). | ||
| 546 | |a English. | ||
| 610 | 2 | 0 | |a International Monetary Fund |z Benin. |
| 610 | 2 | 0 | |a Union économique et monétaire ouest africaine. |0 http://id.loc.gov/authorities/names/no96048517 |
| 650 | 0 | |a Credit |z Benin |x Econometric models. | |
| 650 | 0 | |a Monetary policy |z Benin |x Econometric models. | |
| 650 | 0 | |a Monetary unions |z Africa, French-speaking. | |
| 650 | 6 | |a Crédit |z Bénin |x Modèles économétriques. | |
| 650 | 6 | |a Politique monétaire |z Bénin |x Modèles économétriques. | |
| 650 | 6 | |a Unions monétaires |z Afrique francophone. | |
| 758 | |i has work: |a A macro model of the credit channel in a currency union member (Text) |1 https://id.oclc.org/worldcat/entity/E39PCGrM6pKVbfY7WXHd8C8tDm |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 830 | 0 | |a IMF working paper ; |v WP/10/191. |0 http://id.loc.gov/authorities/names/no89010263 | |
| 856 | 4 | 0 | |u https://elibrary.imf.org/openurl?genre=journal&issn=1018-5941&volume=2010&issue=191 |y INTERNATIONAL MONETARY FUND |
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| 928 | |t Library of Congress classification |a HG3729.B45S25 2010 |l Online |c UC-FullText |u https://elibrary.imf.org/openurl?genre=journal&issn=1018-5941&volume=2010&issue=191 |z INTERNATIONAL MONETARY FUND |g ebooks |i 14298134 | ||