Will Macroprudential Policy Counteract Monetary Policy's Effects on Financial Stability? /
How does monetary policy impact upon macroprudential regulation? This paper models monetary policy's transmission to bank risk taking, and its interaction with a regulator's optimization problem. The regulator uses its macroprudential tool, a leverage ratio, to maintain financial stabil...
Main Authors: | , |
---|---|
Format: | Book |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2015
Washington, D.C. : 2015 |
Series: | IMF Working Papers
IMF Working Papers; Working Paper ; No. 2015/283 IMF eLibrary IMF working paper ; WP/15/283 |
Subjects: |