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Central bank instruments, fiscal policy regimes, and the requirements for equilibrium determinacy

Schabert, Andreas - 2006

This paper examines the role of the monetary instrument choice for local equilibrium determinacy under sticky prices and different fiscal policy regimes. Corresponding to Benhabib et al.'s (2001) results for interest rate feedback rules, the money growth rate should not rise by more than one for...

Persistent link: https://www.econbiz.de/10011348705

The collateral channel of open market operations

Cassola, Nuno; Koulischer, François - In: Journal of financial stability 41 (2019), pp. 73-90

Persistent link: https://www.econbiz.de/10012259835

Focused issue: Financial instability, supervision and central banks

Vilmunen, Jouko (contributor) - 2008

Persistent link: https://www.econbiz.de/10003786298

Central banks and financial stability : a survey

Oosterloo, Sander; Haan, Jakob de - In: Journal of financial stability 1 (2004/05) 2, pp. 257-273

Persistent link: https://www.econbiz.de/10003774592

Central bank instruments, fiscal policy regimes, and the requirements for equilibrium determinacy

Schabert, Andreas - 2006

Persistent link: https://www.econbiz.de/10003300929

The ECB's role in financial supervision

Whelan, Karl - 2009

The European Council's decisions to implement the De Larosiere recommendations for a reformed approach to micro-level financial supervision and a new European Systemic Risk Board (ESRB) are to be welcomed. The ECB's central role in the ESRB is also to be welcomed. However, the limited role...

Persistent link: https://www.econbiz.de/10009724997