Informality, Frictions, and Macroprudential Policy
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More about this item
Keywords
WP; interest rate; monetary policy; welfare gain; physical capital; inflation rate; adjustment cost; open economy; production function; interest rate rule; marginal utility; inflation targeting policy; nominal exchange rate; demand shock; Macroprudential policy; Self-employment; Consumption; Housing;All these keywords.
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2021-02-01 (Dynamic General Equilibrium)
- NEP-FDG-2021-02-01 (Financial Development and Growth)
- NEP-IUE-2021-02-01 (Informal and Underground Economics)
- NEP-MAC-2021-02-01 (Macroeconomics)
- NEP-MON-2021-02-01 (Monetary Economics)
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