Robust Optimal Macroprudential Policy /
We consider how fear of model misspecification on the part of the planner and/or the households affects welfare gains from optimal macroprudential taxes in an economy with occasionally binding collateral constraints as in Bianchi (2011). On the one hand, there exist welfare gains from internalizing...
| Автор: | |
|---|---|
| Інші автори: | |
| Формат: | Журнал |
| Мова: | English |
| Опубліковано: |
Washington, D.C. :
International Monetary Fund,
2021.
|
| Серія: | IMF Working Papers; Working Paper ;
No. 2021/055 |
| Предмети: | |
| Онлайн доступ: | Full text available on IMF |