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Exchange Rates and Domestic Credit—Can Macroprudential Policy Reduce the Link?

Author/Editor: Erlend Nier, Thorvardur Tjoervi Olafsson, Yuan Gao Rollinson.

Release Date:September, 2020

This paper examines empirically the role of macroprudential policy in addressing the effects of external shocks on financial stability. In a sample of 62 economies over the period of 2000: Q1–2016: more...



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