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Inventi Impact: Emerging Economies

Articles

  • Inventi:mee/43093/21
    Monetary Policy Experiments in an Agent-Based Macroeconomic Model
    01-Oct-2021 Research 2021 : October-December
    Elder Mauricio Silva, Guilherme Moura, Sergio Da Silva

    We consider an interbank market and a central bank in an agent-based macroeconomic model with credit and capital to evaluate the effects of monetary policies—conventional and quantitative easing. We find quantitative easing outperforms Taylor’s rule-style policies in smoothing out the business cycle.

    How to Cite this Article
    Attribution/ CC Compliant Citation: Silva, Elder Mauricio, Guilherme Moura, and Sergio Da Silva. "Monetary Policy Experiments in an Agent-Based Macroeconomic Model." Open Access Library Journal 8.5 (2021): 1-14. https://doi.org/10.4236/oalib.1107471 http://creativecommons.org/licenses/by/4.0/ Some formatting elements, header, footer, logos, dates and pagination were modified while adapting this article.
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