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Réformes financières et formation des taux d’intérêt en Afrique Centrale : une approche à travers le modèle DSGE

2019· article· en· W2940362666 on OpenAlexvenueno aff
Thierry Mvondo

Bibliographic record

VenueInterventions économiques · 2019
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicBanking stability, regulation, efficiency
Canadian institutionsnot available
Fundersnot available
KeywordsDynamic stochastic general equilibriumCollateralInterest rateEconomicsMonetary policyRenminbiMonetary economicsFinancial systemCentral bankFinanceExchange rate

Abstract

fetched live from OpenAlex

We focus on current or future financials reforms impacts on the formation of interest rates in Central Africa. These reforms aim to restore the efficient operation of the interest rate channel and to revitalize credit channels and asset prices through the development of the financial system and the abandonment of the principle of double intervention by the central bank. For this purpose, we have built a CEMAC DSGE model with a financial accelerator phenomenon on the credit demand side and a collateral constraint on the supply side. The simulations carried out on the intensification of the financial inclusion of firms and households, the collateral reform and the quality of information show an improvement of: (i) banking relay of monetary impulses on the interbank market; (ii) the central bank's reaction to different shocks and; (iii) the response of costs and returns of financial assets to these shocks. However, the disconnection of the variables from the real sphere to the monetary impulses ultimately raises the need for a financial education strategy, beyond the problem of the fragmentation of the money market that needs to be addressed.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesMeta-epidemiology (narrow)
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.356
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.001
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0010.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.040
GPT teacher head0.250
Teacher spread0.209 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2019
Admission routes1
Has abstractyes

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