Monetary and macroprudential policies in the presence of external shocks: evidence from an emerging economy
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DOI: 10.1108/jes-11-2020-0577
Abstract: PurposeThis paper examines the impact of using the reserve requirements, combined with foreign exchange (FX) intervention, as key instruments in an inflation-targeting framework.Design/methodology/approachIn the context of a dynamic stochastic general equilibrium (DSGE) framework and using… read more here.
Keywords: economy; external shocks; monetary macroprudential; policies presence ... See more keywords