Output Gap in Presence of Financial Frictions and Monetary Policy Trade-offs
Language: en
Pages: 44
Authors: Francesco Furlanetto
Categories: Business & Economics
Type: BOOK - Published: 2014-07-18 - Publisher: International Monetary Fund

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The recent global financial crisis illustrates that financial frictions are a significant source of volatility in the economy. This paper investigates monetary
Output Gap, Monetary Policy Trade-offs, and Financial Frictions
Language: en
Pages: 0
Authors: Francesco Furlanetto
Categories:
Type: BOOK - Published: 2020 - Publisher:

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Financial Factors
Language: en
Pages: 57
Authors: Mr.Pau Rabanal
Categories: Business & Economics
Type: BOOK - Published: 2015-07-14 - Publisher: International Monetary Fund

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We suggest a new approach for analyzing the role of financial variables and shocks in computing the output gap. We estimate a two-region DSGE model for the euro
Interbank Frictions, Business Cycle Fluctuations and Monetary Policy Trade-offs
Language: en
Pages:
Authors: Yujung Suh
Categories:
Type: BOOK - Published: 2018 - Publisher:

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The Great Recession and consequent slow overall economic recovery have reignited research interests in financial factors in business cycle fluctuations and mone
Beyond Divine Coincidence
Language: en
Pages: 112
Authors: Palek, Jakob
Categories:
Type: BOOK - Published: 2016-01-01 - Publisher: kassel university press GmbH

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During the so-called Great Moderation the variability of output, employment and inflation declined substantially in most of the major economies. Because of this