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A Theory of Macroprudential Policies in the Presence of Nominal Rigidities - MaRDI portal

A Theory of Macroprudential Policies in the Presence of Nominal Rigidities

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Publication:4613434

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DOI10.3982/ECTA11883zbMath1420.91328MaRDI QIDQ4613434

Iván Werning, Emmanuel Farhi

Publication date: 31 January 2019

Published in: Econometrica (Search for Journal in Brave)

zbMATH Keywords

monetary policy financial frictions nominal rigidities macroprudential policy macroprudential regulation pecuniary externalities aggregate demand externalities

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

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