Monetary Policy and Bank Risk-Taking /

This paper contributes to the current debate on what role financial stability considerations should play in monetary policy decision and how best to integrate macro-prudential and monetary policy frameworks. The paper broadly supports the view that monetary policy easing induces greater risk-taking...

詳細記述

書誌詳細
第一著者: Dell'Ariccia, Giovanni
その他の著者: De Nicolo, Gianni, Laeven, Luc, Valencia, Fabian
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2010.
シリーズ:IMF Staff Position Notes; Staff Position Note ; No. 2010/009
オンライン・アクセス:Full text available on IMF
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100 1 |a Dell'Ariccia, Giovanni. 
245 1 0 |a Monetary Policy and Bank Risk-Taking /  |c Giovanni Dell'Ariccia, Gianni De Nicolo, Luc Laeven, Fabian Valencia. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2010. 
300 |a 1 online resource (22 pages) 
490 1 |a IMF Staff Position Notes 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper contributes to the current debate on what role financial stability considerations should play in monetary policy decision and how best to integrate macro-prudential and monetary policy frameworks. The paper broadly supports the view that monetary policy easing induces greater risk-taking by banks but also shows that the relationship between real interest rates and banking risk is more complex. Ultimately, it depends on how much skin in the game banks have. The central message of the paper is broadly complementary to those in the recent MCM board paper 'Central Banking Lessons from the Crisis.'. 
538 |a Mode of access: Internet 
700 1 |a De Nicolo, Gianni. 
700 1 |a Laeven, Luc. 
700 1 |a Valencia, Fabian. 
830 0 |a IMF Staff Position Notes; Staff Position Note ;  |v No. 2010/009 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/004/2010/009/004.2010.issue-009-en.xml  |z IMF e-Library