| dc.contributor.author | PORTES, Richard | |
| dc.date.accessioned | 2016-02-04T13:13:15Z | |
| dc.date.available | 2016-02-04T13:13:15Z | |
| dc.date.issued | 2014 | |
| dc.identifier.citation | Dirk SCHOENMAKER (ed.), Macroprudentialism : a VoxEU.org eBook, London : CEPR Press, 2014, Open Access e-books, pp. 47-59 | en |
| dc.identifier.isbn | 9781907142819 | |
| dc.identifier.uri | https://hdl.handle.net/1814/38835 | |
| dc.description.abstract | There is a possible conflict between monetary policy and financial stability. This chapter discusses whether macroprudential policies could alleviate that conflict. Macroprudential policies affect financial stability and thus monetary conditions. There is no consensus, however, on whether monetary and macroprudential policies are complements or substitutes and how they should best be conducted. If the political constraints on macroprudential policies are binding, there may be a need for a compromise. | en |
| dc.language.iso | en | en |
| dc.relation.uri | http://www.voxeu.org/content/macroprudentialism | en |
| dc.rights | info:eu-repo/semantics/openAccess | en |
| dc.title | Macroprudential policy and monetary policy | en |
| dc.type | Contribution to book | en |