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...

Descrición completa

Detalles Bibliográficos
Autor Principal: Jahjah, Samir
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2001.
Series:IMF Working Papers; Working Paper ; No. 2001/201
Acceso en liña:Full text available on IMF