Monetary and macroprudential policy in a commodity exporting economy: A structural model analysis

We build a structural small open economy model to examine the impact of monetary and macroprudential policy actions in a commodity exporting economy. The model incorporates labor market, credit market, macroprudential policy tools such as time-varying capital and reserve requirements, and shocks of...

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Bibliographic Details
Main Authors: Gan-Ochir Doojav, Undral Batmunkh
Format: Article
Language:English
Published: Elsevier 2018-09-01
Series:Central Bank Review
Online Access:http://www.sciencedirect.com/science/article/pii/S1303070118300295