Interactions and Coordination between Monetary and Macroprudential Policies
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DOI: 10.1257/mac.20190139
Abstract: I study monetary and macroprudential policy intervention in a general equilibrium economy with recurrent boom-bust cycles. Recurrence causes forward-looking variables to also react to policy intervention during phases in which the intervention is inactive. Macroprudential… read more here.
Keywords: intervention; policy; coordination monetary; monetary macroprudential ... See more keywords