Macroprudential Policy Transmission in the Romanian Economy: Evidence from a DSGE Model with a Monopolistic Banking Sector
Journal of Eastern Europe Research in Business and Economics
This study examines the transmission of capital-based macroprudential policy in the Romanian economy using a Dynamic Stochastic General Equilibrium (DSGE) model with a monopolistic banking sector. The need for such research arises from the limited focus on smaller non-euro area economies, which face unique macroeconomic…