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~isPartOf:"NBER Working Paper"
~person:"Chang, Roberto"
~subject:"Estimation"
~subject:"Geldpolitik"
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Chang, Roberto
Aizenman, Joshua
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Ito, Hiro
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Is-Lm-Bp in the Pampas
Cespedes, Luis Felipe
;
Chang, Roberto
;
Velasco, Andrés
-
2021
Emerging
markets
(sometimes endowed with fertile pampas) have limited access to world capital markets and suffer from …
Persistent link: https://www.econbiz.de/10013220514
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Financial Frictions and Unconventional Monetary Policy in Emerging Economies
Chang, Roberto
-
2016
We analyze conventional and unconventional monetary policies in a dynamic small open-economy model with financial frictions. In the model, financial intermediaries or banks borrow from the world market and lend to domestic households. Banks can borrow abroad up to a multiple of their equity; in...
Persistent link: https://www.econbiz.de/10012999466
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