Unconventional monetary policy expansion: the economic impact through a dynamic CGE model

Socci, Claudio; Severini, Francesca; Pretaroli, Rosita; Ahmed, Irfan; Ciaschini, Clio

doi:10.1504/ijmef.2018.10006629

Search citation statements

Order By: Relevance

Paper Sections

Select...

The Financial Social Accounting Matrix1

Citation Types

Supporting

Mentioning

Contrasting

Year Published

2020

Publication Types

Select...

Article1

Relationship

Self Cite1

Independent0

Authors

Journals

Cited by 1 publication

(1 citation statement)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The construction of the FSAM follows several steps: once the blocks of rows and columns referred to the specific economic functions are identified, it is possible to compile the quadrants of the flows following the income circular flow (Socci, Severini, Pretaroli, Ahmed, & Ciaschini, 2018). This dataset in itself represents an important tool for policy making which, thanks to its construction, can be utilized by researchers for a vast array of policy applications.…”

Section: The Financial Social Accounting Matrixmentioning

confidence: 99%

Economic impact of monetary policy: Focus on real estate sector in Italy

et al. 2020

Self Cite

View full text Add to dashboard Cite

This study investigates the nexus between financial market and real estate (RE) sector against the backdrop of ECB's unconventional monetary policy. A financial dynamic computable general equilibrium (DCGE) model is calibrated on the financial social accounting matrix (FSAM) of Italian economy. The findings confirm that the inclusion of financial intermediation into real economy affects the real estate sector's output, value added, and pricing.

show abstract

Section: The Financial Social Accounting Matrixmentioning

confidence: 99%