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Bank of Canada RSS Feedsen2024-03-29T07:25:52+00:00Macroprudential Rules and Monetary Policy when Financial Frictions Matter
https://www.bankofcanada.ca/2012/02/working-paper-2012-6/
This paper examines the interaction between monetary policy and macroprudential policy and whether policy makers should respond to financial imbalances. To address this issue, we build a dynamic general equilibrium model that features financial market frictions and financial shocks as well as standard macroeconomic shocks.2012-02-27T09:53:08+00:00enMacroprudential Rules and Monetary Policy when Financial Frictions Matter2012-02-27Economic modelsFinancial marketsFinancial stabilityMonetary policy frameworkWorking Paper 2012-06https://www.bankofcanada.ca/wp-content/uploads/2012/02/wp2012-06.pdfMacroprudential Rules and Monetary Policy when Financial Frictions MatterJeannine BailliuCésaire MehYahong ZhangFebruary 2012EE4E42E5E50E6E60