Resende, Carlos De; Dib, Ali; Lalonde, René; … - Bank of Canada - 2013
shocks. Moreover, the bank capital regulatory policy and monetary policy interact, and this interaction is contingent on the …. Compared to bank capital regulatory policy, monetary policy is able to stabilize the economy more efficiently after real shocks … requirements for banks, even as monetary policy works to counter the deviations of inflation from the target. …