New #IMF Global #Macrofinancial Model #GFM: #Impulse #Response How does #ConsumptionrPriceInflation respond to a 1% rise in the US monetary policy rate? In #SaudiArabia (blue); #SouthAfrica (black) #Poland (red) and US itself (grey); Y-axis in percent; X-axis - time, in quarters pic.twitter.com/fDNfm6vMLA— Satyen Baindur (@Satyen_Baindur) April 11, 2018
...and looking at effect of a shock in a #MacroPru type of instrument: How does Output (#GDP) change with a 1% reduction in the #Domestic mortgage #LoanToValue #LTV ratio? In #China (blue); In #Spain (black); in #Ireland (red) and in the US itself (grey).. pic.twitter.com/ix2BSEsqiw— Satyen Baindur (@Satyen_Baindur) April 11, 2018