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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Valencia, Fabian
अन्य लेखक: Ueda, Kenichi
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2012.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2012/101
ऑनलाइन पहुंच:Full text available on IMF