On the interaction between monetary and macroprudential policies

Alberto Martin, Caterina Mendicino, Alejandro Van der Ghote

The Global Financial Crisis fostered the design and adoption of macroprudential policies throughout the world. This raises important questions for monetary policy. What, if any, is the relationship between monetary and macroprudential policies? In particular, how does the effectiveness of macroprudential policies (or lack thereof) influence the conduct of monetary policy? This discussion paper builds on the insights of recent theoretical and empirical research to address these questions.

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Year of publication:	[2021]
Authors:	Martin, Alberto ; Mendicino, Caterina ; Van der Ghote, Alejandro
Publisher:	Frankfurt am Main, Germany : European Central Bank
Subject:	Financial Frictions \| Capital Requirements \| Systemic Risk \| Theorie \| Theory \| Geldpolitik \| Monetary policy \| Finanzmarktaufsicht \| Financial supervision \| Systemrisiko \| Systemic risk \| Eurozone \| Euro area \| Finanzkrise \| Financial crisis

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Extent:	1 Online-Ressource (circa 70 Seiten) Illustrationen
Series:	Working paper series / European Central Bank. - Frankfurt, M. : European Central Bank, ISSN 1725-2806, ZDB-ID 2123559-4. - Vol. no 2527 (February 2021)
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Graue Literatur ; Non-commercial literature ; Arbeitspapier ; Working Paper
Language:	English
ISBN:	978-92-899-4527-1
Other identifiers:	10.2866/1224 [DOI] hdl:10419/234081 [Handle]
Classification:	E3 - Prices, Business Fluctuations, and Cycles ; E44 - Financial Markets and the Macroeconomy ; G01 - Financial Crises ; G21 - Banks; Other Depository Institutions; Mortgages
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012431776