Countercyclical Macro Prudential Policies in a Supporting Role to Monetary Policy /
This paper explores how prudential regulations can support monetary policy in reducing output fluctuations while maintaining financial stability. It uses a new framework that blends a standard model for monetary policy analysis with a contingent claims model of financial sector vulnerabilities. The...
المؤلف الرئيسي: | |
---|---|
التنسيق: | دورية |
اللغة: | English |
منشور في: |
Washington, D.C. :
International Monetary Fund,
2009.
|
سلاسل: | IMF Working Papers; Working Paper ;
No. 2009/257 |
الوصول للمادة أونلاين: | Full text available on IMF |