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Will Macroprudential Policy Counteract Monetary Policy’s Effects on Financial Stability?

Author/Editor: Itai Agur, Maria Demertzis.

Release Date:December, 2015

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
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Price: $18.00
"Leaning Against the Wind" and the Timing of Monetary Policy

Author/Editor: Itai Agur, Maria Demertzis.

Release Date:April, 2013

If monetary policy is to aim also at financial stability, how would it change? To analyze this question, this paper develops a general-form framework. Financial stability objectives are shown to make more...



Price: $18.00