Financial Stability and Fiscal Crises in a Monetary Union /
The main tasks of central banks are to secure price and financial stability. These objectives can, in times of crises, conflict with one another, and the central bank may have to renounce one of them in order to secure the other. In a monetary union, this trade-off can be exacerbated by the presence...
Autor principal: | |
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Formato: | Periódico |
Idioma: | English |
Publicado em: |
Washington, D.C. :
International Monetary Fund,
2001.
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coleção: | IMF Working Papers; Working Paper ;
No. 2001/201 |
Acesso em linha: | Full text available on IMF |