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Monetary Policy in Low Income Countries in the Face of the Global Crisis: The Case of Zambia

Author/Editor: Alfredo Baldini, Jaromir Benes, Andrew Berg, Mai Dao, Rafael Portillo.

Release Date: April, 2012

Price: $18.00

We develop a DSGE model with a banking sector to analyze the impact of the financial crisis on Zambia and the role of the monetary policy response. We view the crisis as a combination of three more...