An Extended Quarterly Projection Model: Credit Cycle, Macrofinancial Linkages and Macroprudential Measures: The Case of the Philippines

An Extended Quarterly Projection Model: Credit Cycle, Macrofinancial Linkages and Macroprudential Measures: The Case of the Philippines
READ MORE...
Volume/Issue: Volume 2021 Issue 256
Publication date: October 2021
ISBN: 9781589068711
$5.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
paperback else
pdf else
epub else
English
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Economics- Macroeconomics , Money and Monetary Policy , Economics / General , Philippines , Forecasting and Policy Analysis , Quarterly Projection Model , Monetary Policy , Macroprudential Policy , Credit Cycle , Leverage Ratio , credit cycle dynamics , policy analysis , projection model , model property , Quarterly Projection model , Credit , Macroprudential policy , Central bank policy rate , Credit gaps , Business cycles , Global

Also of interest
August 2009 Working Papers
April 2010
March 2010
January 2010
Summary

We extend a modern practical Quarterly Projection Model to study credit cycle dynamics and risks, focusing on macrofinancial linkages and the role of macroprudential policy in achieving economic and financial stability. We tailor the model to the Philippines and evaluate the model’s properties along several dimensions. The model produces plausible dynamics and sensible forecasts. This along with its simplicity makes it useful for policy analysis. In particular, it should help policymakers understand the quantitative implications of responding to changes in domestic financial conditions, along with other shocks, through the joint use of macroprudential and monetary policies.

Powered by: AIDC