LE NOUVEAU POLICY-MIX: QUEL DESIGN DANS LUNION ECONOMIQUE ET MONETAIRE OUEST AFRICAINE (UEMOA).
Journal Title: International Journal of Advanced Research (IJAR) - Year 2019, Vol 7, Issue 9
Abstract
This article examines the different configurations of the new Policy-mix, ie the coordination between macro-prudential and monetary policies in the WAEMU zone. Through the DSGE models, simulations under financial shocks reveal the inefficiency of monetary policy in taking into account the objective of financial stability, thus justifying the need for financial reforms geared towards the adoption of macro-prudentials instruments. However, the question then is what type of coordination is used? The different simulations show that in case of supply, demand and financial shocks, integrated coordination is more effective than the separate coordination of the two policies because it reveals the effectiveness of monetary policy in taking into account the objective of financial stability and macro-prudential policy can affect inflation and output through the change in the ratio of bank credit to GDP.
Authors and Affiliations
Alastaire Alinsato and Marius Guezo.
Keywords
Related Articles
- EP ID EP656788
- DOI 10.21474/IJAR01/9717
- Views 79
- Downloads 0
RESEARCH OF THE RELATIONSHIP BETWEEN THE CONTENT OF HEAVY METALS IN SEDIMENT DUST AND AGRICULTURAL SOIL IN THE AREA SURROUNDING THE STEELWORKS ZENICA.
This paper contains analysis of the results after monitoring the content of heavy metals (Pb, Cd, Fe, Zn, Ni, Cr and Mn) in sediment dust and agricultural soil in nine locations surrounding steelworks Zenica from March t...
SEASONAL VARIATIONS IN NUTRIENT CONCENTRATION OF JUICE AND SKIN OF TEN GRAPE (VITIS VINIFERA L.) GENOTYPES.
The nutrient status of grape berries is not only of interest to the viticulturists but also to oenologists because of their impact on juice nutritional value. The aim of the study was to determine the total potassium, to...
ANALYSIS OF URBAN GROWTH AND SPRAWL AND BUILT UP DENSITY USING REMOTE SENSING DATA: CASE OF CASABLANCA, MOROCCO.
In Casablanca, the rate of population growth has been spectacular in recent years according to the 2014 National population census. The city has a population of 3.35 million in the urban area and over 4.27million on the...
THE EFFECT OF BOARD DIRECTOR ON THE BOARD COUNCIL FUNCTION AND CONFIGURATION.
This paper studies the Chief Executive Of?cers (CEOs) age effect on board council function and configuration. Through utilizing a sample of the 20 largest private university in Gulf Cooperation Council (GCC). The base of...
ORTHODONTIC EXTRUSION: AN AESTHETIC AND PROPRIOCEPTIVE ALTERNATIVE TO IMPLANT - AN INTERDISCIPLINARY CASE REPORT.
Case report describes a multidisciplinary approach using orthodontic forced eruption to facilitate prosthetic restoration of a maxillary permanent lateral incisor with poor restorability. On examination, patient had a ro...