Financial factors : implications for output gaps /
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 area, with financial frictions at the household level, between 2000-2013. After joining the monetary union, a decline in some countries...
Clasificación: | Libro Electrónico |
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Autores principales: | , |
Autores Corporativos: | , |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
[Washington, D.C.] :
International Monetary Fund,
©2015.
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Colección: | IMF working paper ;
WP/15/153. |
Temas: | |
Acceso en línea: | Texto completo |