Financial Frictions and Unconventional Monetary Policy in Emerging Economies
收藏NBER2016-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w21955
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资源简介：
We analyze conventional and unconventional monetary policies in a dynamic small open-economy model with financial frictions. In the model, financial intermediaries or banks borrow from the world market and lend to domestic households. Banks can borrow abroad up to a multiple of their equity; in turn
提供机构：
美国国家经济研究局
创建时间：
2016-02-01
