What can Islamic financing tell us about macro-prudential policies?
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DOI: 10.1080/13504851.2018.1433290
Abstract: ABSTRACT Macro-prudential policies are theoretically effective at mitigating a debt deflation crisis by forcing individuals to internalize their impact on aggregate prices reducing systemic risk caused by pecuniary externalities. To better understand the potential effectiveness… read more here.
Keywords: macro prudential; prudential policies; finance; islamic financing ... See more keywords