 | Farms, Fertiliser, and Financial Frictions : Yields from a DSGE Model Author/Editor: Sébastien Walker. Release Date:May, 2017 This paper develops a Dynamic Stochastic General Equilibrium (DSGE) model with a
financial accelerator which captures key features of low-income countries (LICs). The
predominance of more...
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 | Toward a Monetary Union in the East African Community : Asymmetric Shocks, Exchange Rates, and Risk-Sharing Mechanisms Author/Editor: Paulo Drummond, Ari Aisen, Emre Alper, Ejona Fuli, Sébastien Walker. Release Date:July, 2015 This paper examines how susceptible East African Community (EAC) economies are to asymmetric shocks, assesses the value of the exchange rate as a shock absorber for these countries, and reviews more...
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