Financial sector and macroeconomics links in MEAM

Skufi, Lorena (2020): Financial sector and macroeconomics links in MEAM. Published in: Bank of Albania Working Paper , Vol. 82, No. 43 (2020)

Abstract

This paper describes the links between financial sector and macroeconomic conditions into MEAM macro model. The focus is on banking lending rate, in terms of macroeconomic indicators impact, such as the probability of default of private sector and economic developments. Through this material we try to enrich MEAM macro model with financial indicators.

• Item Type: MPRA Paper
• Language: English
• Keywords: financial sector, default probability, macromodel, Albania
• Subjects: C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models ; Multiple Variables; E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit; G - Financial Economics > G1 - General Financial Markets > G17 - Financial Forecasting and Simulation

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