Will macroprudential policy counteract monetary policy’s effects on financial stability?
"How does monetary policy impact upon macroprudential regulation? This paper models monetary policy’s transmission to bank risk taking, and its interaction with a regulator’s optimization problem. The regulator uses its macroprudential tool, a leverage ratio, to maintain financial stability, w...
Main Authors: | Agur, Itai, Demertzis, Maria |
---|---|
Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Brussels
2018
Bruegel |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19398968124911161409-Will-macroprudential-policy-co.htm |
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