A Small Open Economy Model to Assess Macroeconomic Policy Performance: The Case of the Philippines
February 29, 2024
This paper develops a prototype macroeconomic model for assessing monetary and fiscal policy in the Philippines.
February 29, 2024
This paper develops a prototype macroeconomic model for assessing monetary and fiscal policy in the Philippines.
January 3, 2024
This paper provides an analysis of policy performance coming from Bayesian estimation and simulation of a Dynamic Stochastic General Equilibrium (DSGE) model for Thailand.
December 6, 2023
Jorge Antonio Chan-Lau, Toàn Long Quách
Growing involvement of the traditional banking system with the crypto ecosystem raises concerns about systemic risk and financial stability.
November 17, 2023
This paper develops a prototype macroeconomic model for assessing monetary and fiscal policy in a small emerging-market open economy. We then use this model to evaluate the performance of monetary and fiscal policies in Malaysia between 2005 and 2021.
June 7, 2023
This paper formulates a Bank Vulnerability Index (BVI) for ASEAN+3 banks and banking systems to facilitate the early detection of vulnerabilities for a more informed approach to surveillance and policymaking.
May 26, 2023
Credit risk has played a significant role in many financial crises, including the global financial crisis. The COVID-19 pandemic also highlighted bank credit losses to the private sector. However, there…
December 20, 2022
This paper quantifies the likelihood of spillovers to emerging ASEAN-4 economies and Korea from shifts in US monetary policy.
July 19, 2022
This paper provides a comprehensive and systematic introduction to the Large-Scale AMRO Global Macro-Financial DSGE Model (AGMFM).
April 6, 2022
The COVID-19 pandemic put tremendous pressure on company balance sheets in the ASEAN+3 region and elsewhere.
April 6, 2022
Japan’s sovereign credit rating has travelled along a downward trend over the last three decades, mainly due to the country’s subdued economic growth and deteriorating fiscal health.