The Costs of Macroprudential Policy
收藏NBER2018-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w24989
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资源简介：
Central banks increasingly rely on macroprudential measures to manage the financial cycle. However, the effects of such policies on the core objectives of monetary policy to stabilise output and inflation are largely unknown. In this paper, we quantify the effects of changes in maximum loan-to-value
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美国国家经济研究局创建时间：
2018-09-01
