Monetary Policy and Macroprudential Regulation with Financial Frictions

by Pierre-Richard Agénor

An integrated analysis of how financial frictions can be accounted for in macroeconomic models built to study monetary policy and macroprudential regulation.

Since the global financial crisis, there has been a renewed effort to emphasize financial frictions in designing closed- and open-economy macroeconomic models for monetary and macroprudential policy analysis. Drawing on the extensive literature of the past decade as well as his...

• Format: Hardcover
• Language: English
• ISBN: 0262044226
• ISBN13: 9780262044226
• Release Date: November 2020
• Publisher: MIT Press
• Length: 600 Pages
• Weight: 1.94 lbs.
• Dimensions: 1.3" x 6.1" x 9.1"