Przeglądaj Kolegium Analiz Ekonomicznych / Collegium of Economic Analysis według tematu "macroprudential policy"
Wyświetlanie pozycji 1-2 z 2
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On the limits of macroprudential policy
(2016-02)This paper studies how macroprudential policy tools can complement the interest rate-based monetary policy in achieving a selection of dual stabilization objectives. We show analytically in a canonical New Keynesian model ... -
Quantitative Easing in the US and Financial Cycles in Emerging Markets
(2021-03)Large international capital movements tend to be associated with strong fluctuations in asset prices and credit, contributing to domestic financial cycles and posing challenges for stabilization policies, especially in ...