Central Bank Independence and Macro-Prudential Regulation /

We consider the optimality of various institutional arrangements for agencies that conduct macro-prudential regulation and monetary policy. When a central bank is in charge of price and financial stability, a new time inconsistency problem may arise. Ex-ante, the central bank chooses the socially op...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Valencia, Fabian
Rannpháirtithe: Ueda, Kenichi
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2012.
Sraith:IMF Working Papers; Working Paper ; No. 2012/101
Rochtain ar líne:Full text available on IMF