04964oam 22014294 450 991078822080332120230725040510.01-4623-5373-81-4519-6232-01-4527-0262-497866128452911-282-84529-2(CKB)3170000000055417(SSID)ssj0000940745(PQKBManifestationID)11518087(PQKBTitleCode)TC0000940745(PQKBWorkID)10955586(PQKB)10416414(OCoLC)528873773(MiAaPQ)EBC1606057(IMF)WPIEE2010021(EXLCZ)99317000000005541720020129d2010 uf 0engurcnu||||||||txtccrAn Estimated Model with Macrofinancial Linkages for India /Magnus Saxegaard, Rahul Anand, Shanaka PeirisWashington, D.C. :International Monetary Fund,2010.1 online resource (45 pages) illustrations (some color)IMF Working PapersIMF working paper ;WP/10/21Bibliographic Level Mode of Issuance: Monograph1-4519-1869-0 Includes bibliographical references.This paper develops a small open economy dynamic stochastic general-equilibrium model with macrofinancial linkages. The model includes a financial accelerator--entrepreneurs are assumed to partially finance investment using domestic and foreign currency debt--to assess the importance of financial frictions in the amplification and propagation of the effects of transitory shocks. We use Bayesian estimation techniques to estimate the model using India data. The model is used to assess the importance of the financial accelerator in India and the optimality of monetary policy.IMF Working Papers; Working Paper ;No. 2010/021Monetary policyIndiaEconometric modelsBanks and banking, CentralIndiaEconometric modelsBanks and banking, CentralEconometric modelsMonetary policyEconometric modelsForeign ExchangeimfInflationimfInvestments: GeneralimfLaborimfMacroeconomicsimfMonetary PolicyimfCentral Banks and Their PoliciesimfPolicy ObjectivesimfPolicy Designs and ConsistencyimfPolicy CoordinationimfLabor DemandimfPrice LevelimfDeflationimfMacroeconomics: ConsumptionimfSavingimfWealthimfInvestmentimfCapitalimfIntangible CapitalimfCapacityimfLabourimfincome economicsimfCurrencyimfForeign exchangeimfSelf-employmentimfExchange ratesimfConsumptionimfDepreciationimfPricesimfNational accountsimfSelf-employedimfEconomicsimfSaving and investmentimfIndiaimfMonetary policyEconometric models.Banks and banking, CentralEconometric models.Banks and banking, CentralEconometric models.Monetary policyEconometric models.Foreign ExchangeInflationInvestments: GeneralLaborMacroeconomicsMonetary PolicyCentral Banks and Their PoliciesPolicy ObjectivesPolicy Designs and ConsistencyPolicy CoordinationLabor DemandPrice LevelDeflationMacroeconomics: ConsumptionSavingWealthInvestmentCapitalIntangible CapitalCapacityLabourincome economicsCurrencyForeign exchangeSelf-employmentExchange ratesConsumptionDepreciationPricesNational accountsSelf-employedEconomicsSaving and investment332.4954Saxegaard Magnus1485141Anand Rahul1107318Peiris Shanaka1509547DcWaIMFBOOK9910788220803321An Estimated Model with Macrofinancial Linkages for India3741512UNINA