Macro-prudential Policy in a Fisherian Model of Financial Innovation /
The interaction between credit frictions, financial innovation, and a switch from optimistic to pessimistic beliefs played a central role in the 2008 financial crisis. This paper develops a quantitative general equilibrium framework in which this interaction drives the financial amplification mechan...
| Hovedforfatter: | Bianchi, Javier |
|---|---|
| Andre forfattere: | Boz, Emine, Mendoza, Enrique |
| Format: | Tidsskrift |
| Sprog: | English |
| Udgivet: |
Washington, D.C. :
International Monetary Fund,
2012.
|
| Serier: | IMF Working Papers; Working Paper ;
No. 2012/181 |
| Online adgang: | Full text available on IMF |
Lignende værker
-
Overborrowing, Financial Crises and 'Macro-prudential' Policy /
af: Mendoza, Enrique
Udgivet: (2011) -
Rules, Discretion, and Macro-Prudential Policy /
af: Agur, Itai
Udgivet: (2013) -
Macro-Prudential Policies to Mitigate Financial System Vulnerabilities /
af: Claessens, Stijn
Udgivet: (2014) -
Countercyclical Macro Prudential Policies in a Supporting Role to Monetary Policy /
af: N'Diaye, Papa
Udgivet: (2009) -
Central Bank Independence and Macro-Prudential Regulation /
af: Valencia, Fabian
Udgivet: (2012)