The Interaction of Monetary and Macroprudential Policies - Background Paper

The Interaction of Monetary and Macroprudential Policies - Background Paper
Author: International Monetary Fund. Monetary and Capital Markets Department
Publisher: International Monetary Fund
Total Pages: 68
Release: 2012-12-27
Genre: Business & Economics
ISBN: 1498339514


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This paper provides background material to support the Board paper on the interaction of monetary and macroprudential policies. It analyzes the scope for and evidence on interactions between monetary and macroprudential policies. It first reviews a recent conceptual literature on interactive effects that arise when both macroprudential and monetary policy are employed. It goes on to explore the “side effects” of monetary policy on financial stability and their implications for macroprudential policy. It finally addresses the strength of possible effects of macroprudential policies on output and price stability, and draws out implications for the conduct of monetary policy.


The Interaction of Monetary and Macroprudential Policies - Background Paper
Language: en
Pages: 68
Authors: International Monetary Fund. Monetary and Capital Markets Department
Categories: Business & Economics
Type: BOOK - Published: 2012-12-27 - Publisher: International Monetary Fund

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This paper provides background material to support the Board paper on the interaction of monetary and macroprudential policies. It analyzes the scope for and ev
The Interaction of Monetary and Macroprudential Policies
Language: en
Pages: 0
Authors: Internationaler Währungsfonds
Categories:
Type: BOOK - Published: 2012 - Publisher:

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The recent crisis showed that price stability does not guarantee macroeconomic stability. In several countries, dangerous financial imbalances developed under l
Key Aspects of Macroprudential Policy - Background Paper
Language: en
Pages: 64
Authors: International Monetary Fund. Fiscal Affairs Dept.
Categories: Business & Economics
Type: BOOK - Published: 2013-10-06 - Publisher: International Monetary Fund

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The countercyclical capital buffer (CCB) was proposed by the Basel committee to increase the resilience of the banking sector to negative shocks. The interactio
The Interaction of Monetary and Macroprudential Policies
Language: en
Pages: 36
Authors: International Monetary Fund. Monetary and Capital Markets Department
Categories: Business & Economics
Type: BOOK - Published: 2012-12-29 - Publisher: International Monetary Fund

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The recent crisis showed that price stability does not guarantee macroeconomic stability. In several countries, dangerous financial imbalances developed under l
Staff Guidance Note on Macroprudential Policy
Language: en
Pages: 45
Authors: International Monetary Fund
Categories: Business & Economics
Type: BOOK - Published: 2014-06-11 - Publisher: International Monetary Fund

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This note provides guidance to facilitate the staff’s advice on macroprudential policy in Fund surveillance. It elaborates on the principles set out in the �