Cost-Benefit Analysis of Leaning Against the Wind; Are Costs Larger Also with Less Effective Macroprudential Policy?
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More about this item
KeywordsFinancial stability; Monetary policy; Central banks and their policies; macroprudential policy; unemployment; unemployment rate; debt; marginal cost; benchmark; Monetary Policy (Targets; Instruments; and Effects); All Countries; macroprudential policy.;
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2016-03-10 (All new papers)
- NEP-CBA-2016-03-10 (Central Banking)
- NEP-MAC-2016-03-10 (Macroeconomics)
- NEP-MON-2016-03-10 (Monetary Economics)
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