Lithuania in the euro area: monetary transmission and macroprudential policies
In this paper, we develop a two-country monetary union new Keynesian general equilibrium model with housing and collateral constraints, to be calibrated for Lithuania and the rest of the euro area. Within this setting, and following the recent entrance of Lithuania in the EMU, the aim of this paper...
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| Format: | Article |
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Taylor and Francis
2016
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| Online Access: | https://eprints.nottingham.ac.uk/38055/ |