Monetary and Macroprudential Policy Coordination Among Multiple Equilibria /
The notion of a tradeoff between output and financial stabilization is based on monetary-macroprudential models with unique equilibria. Using a game theory setup, this paper shows that multiple equilibria lead to qualitatively different results. Monetary and macroprudential authorities have tools th...
| Egile nagusia: | |
|---|---|
| Formatua: | Aldizkaria |
| Hizkuntza: | English |
| Argitaratua: |
Washington, D.C. :
International Monetary Fund,
2018.
|
| Saila: | IMF Working Papers; Working Paper ;
No. 2018/235 |
| Gaiak: | |
| Sarrera elektronikoa: | Full text available on IMF |