Risky Mortgages and Macroprudential Policy: A Calibrated DSGE Model for Lithuania
Following the financial crisis of 2009 there was an emergence of macroprudential policy tools, as well as a need to model the macroeconomy and the financial sector in a coherent framework. This paper develops and calibrates a small open economy DSGE model for Lithuania to shed some light on the inte...
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| Format: | Article |
| Language: | English |
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Vilnius University Press
2021-09-01
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| Series: | Ekonomika |
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| Online Access: | https://www.journals.vu.lt/ekonomika/article/view/24667 |