This paper develops a small open economy (SOE) dynamic stochastic general equilibrium (DSGE) model that helps to …, monetary policy, credit, primary commodity) shocks facing an emerging economy. We estimate the model with Bayesian methods …

This paper develops a small open economy (SOE) dynamic stochastic general equilibrium (DSGE) model that helps to …, monetary policy, credit, primary commodity) shocks facing an emerging economy. We estimate the model with Bayesian methods …

There has been a call for caution when using the conventional method for Bayesian inference in setidentified structural …

into an open economy DSGE model to investigate the evidence of state-dependence in the UK economy's postwar behaviour. The …

and facilitate bank runs. We analyze these concerns in a DSGE framework and provide a rationale for the disintermediation …