Arbeitspapier

On the interaction between monetary and macroprudential policies

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.

ISBN
978-92-899-4527-1
Language
Englisch

Bibliographic citation
Series: ECB Working Paper ; No. 2527

Classification
Wirtschaft
Financial Markets and the Macroeconomy
Financial Crises
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Subject
Financial Frictions
Capital Requirements
Systemic Risk

Event
Geistige Schöpfung
(who)
Martin, Alberto
Mendicino, Caterina
Van der Ghote, Alejandro
Event
Veröffentlichung
(who)
European Central Bank (ECB)
(where)
Frankfurt a. M.
(when)
2021

DOI
doi:10.2866/1224
Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Martin, Alberto
  • Mendicino, Caterina
  • Van der Ghote, Alejandro
  • European Central Bank (ECB)

Time of origin

  • 2021

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