Macroprudential Policy: Promise and Challenges
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https://www.nber.org/papers/w22868
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资源简介:
Macroprudential policy holds the promise of becoming a powerful tool for preventing financial crises. Financial amplification in response to domestic shocks or global spillovers and pecuniary externalities caused by Fisherian collateral constraints provide a sound theoretical foundation for this
提供机构:
美国国家经济研究局
创建时间:
2016-11-01



