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...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: N'Diaye, Papa
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2009.
Cyfres:IMF Working Papers; Working Paper ; No. 2009/257
Mynediad Ar-lein:Full text available on IMF