Macroeconomic Stability, Financial Stability, and Monetary Policy Rules

This paper reviews arguments for and against attributing an explicit financial stability objective to monetary policy. The discussion is conducted from the perspective of middle‐income countries (MICs), where bank credit plays a critical role both on the supply and demand sides. It also discusses, o...

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Veröffentlicht in:	International finance (Oxford, England) England), 2012-06, Vol.15 (2), p.205-224
Hauptverfasser:	Agénor, Pierre-Richard, Pereira da Silva, Luiz A.
Format:	Artikel
Sprache:	eng
Schlagworte:	Economic conditions Macroeconomics Monetary policy Regulation of financial institutions Studies
Online-Zugang:	Volltext
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