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...
| Автор: | |
|---|---|
| Інші автори: | |
| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2012.
|
| Серія: | IMF Working Papers; Working Paper ;
No. 2012/101 |
| Онлайн доступ: | Full text available on IMF |