This paper presents the theoretical structure of MAPMOD, a new IMF model designed to study vulnerabilities associated with excessive credit expansions, and to s

This paper, together with a technical companion paper, presents MAPMOD, a new IMF model designed to study vulnerabilities associated with excessive credit expan

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This valuable book contributes substantively to the current state-of-the-art of macroeconomics. It provides a method for building models in which business cycle