05183oam 22015254 450 991097121550332120250426110141.0978661284529197814623537361462353738978145196232114519623209781452702629145270262497812828452991282845292(CKB)3170000000055417(SSID)ssj0000940745(PQKBManifestationID)11518087(PQKBTitleCode)TC0000940745(PQKBWorkID)10955586(PQKB)10416414(OCoLC)528873773(IMF)WPIEE2010021(MiAaPQ)EBC1606057(IMF)WPIEA2010021WPIEA2010021(EXLCZ)99317000000005541720020129d2010 uf 0engurcnu||||||||txtccrAn Estimated Model with Macrofinancial Linkages for India /Magnus Saxegaard, Rahul Anand, Shanaka Peiris1st ed.Washington, 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: Monograph9781451918694 1451918690 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 modelsCapacityimfCapitalimfCentral Banks and Their PoliciesimfConsumptionimfCurrencyimfDeflationimfDepreciationimfEconomicsimfExchange ratesimfForeign ExchangeimfForeign exchangeimfIncome economicsimfInflationimfIntangible CapitalimfInvestmentimfInvestments: GeneralimfLabor DemandimfLaborimfLabourimfMacroeconomicsimfMacroeconomics: ConsumptionimfMonetary PolicyimfNational accountsimfPolicy CoordinationimfPolicy Designs and ConsistencyimfPolicy ObjectivesimfPrice LevelimfPricesimfSaving and investmentimfSavingimfSelf-employedimfSelf-employmentimfWealthimfIndiaimfMonetary policyEconometric models.Banks and banking, CentralEconometric models.Banks and banking, CentralEconometric models.Monetary policyEconometric models.CapacityCapitalCentral Banks and Their PoliciesConsumptionCurrencyDeflationDepreciationEconomicsExchange ratesForeign ExchangeForeign exchangeIncome economicsInflationIntangible CapitalInvestmentInvestments: GeneralLabor DemandLaborLabourMacroeconomicsMacroeconomics: ConsumptionMonetary PolicyNational accountsPolicy CoordinationPolicy Designs and ConsistencyPolicy ObjectivesPrice LevelPricesSaving and investmentSavingSelf-employedSelf-employmentWealth332.4954Saxegaard Magnus1816355Anand Rahul1107318Peiris Shanaka1816016DcWaIMFBOOK9910971215503321An Estimated Model with Macrofinancial Linkages for India4372385UNINA