create a website

Leaning against persistent financial cycles with occasional crises. (2021). Mimir, Yasin ; Kravik, Erling Motzfeldt ; Kockerols, Thore.
In: Working Paper.
RePEc:bno:worpap:2021_11.

Full description at Econpapers || Download paper

Cited: 3

Citations received by this document

Cites: 53

References cited by this document

Cocites: 40

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. Assessing the Impact of Basel III: Evidence from Structural Macroeconomic Models. (2022). Straughan, Michael ; Sahuc, Jean-Guillaume ; Röhrs, Sigrid ; Nikolov, Kalin ; Mohimont, Jolan ; Mimir, Yasin ; Scalone, Valerio ; Durdu, Bora ; Ichiue, Hibiki ; de Bandt, Olivier.
    In: EconomiX Working Papers.
    RePEc:drm:wpaper:2022-3.

    Full description at Econpapers || Download paper

  2. Assessing the Impact of Basel III: Evidence from Structural Macroeconomic Models. (2022). Straughan, Michael ; Sahuc, Jean-Guillaume ; Röhrs, Sigrid ; Nikolov, Kalin ; Mohimont, Jolan ; Mimir, Yasin ; DE BANDT, OLIVIER ; Scalone, Valerio ; Ichiue, Hibiki ; Durdu, Bora.
    In: Working papers.
    RePEc:bfr:banfra:864.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. (2013), Dorich et al. (2013) and Rees et al. (2016)). The posterior modes on the parameters regarding corporate and housing investment adjustment costs move relatively little compared to their prior means in spite of relatively loose prior distributions. This is likely to be a sign of some identification issues (but it may also be due to prior means that correspond well with data and the system priors). In the banking sector, the posterior modes of the interest rate adjustment costs indicate a somewhat lower pass-through of corporate and household interest rates and a higher pass-through for deposit rates, compared to prior means. Foreign sector parameters move relatively little compared to their prior means. As mentioned above, this is expected as most of these parameters were only weakly identified in the identification analysis and we set quite tight priors.
    Paper not yet in RePEc: Add citation now
  2. Adam, K. and M. Woodford (2021): “Robustly Optimal Monetary Policy in a New Keynesian Model with Housing,” Journal of Economic Theory, forthcoming.

  3. Adolfson, M., S. Laséen, L. Christiano, M. Trabandt, and K. Walentin (2013): “Ramses II - Model Description,” Occasional Paper Series 12, Sveriges Riksbank.
    Paper not yet in RePEc: Add citation now
  4. Ajello, A., T. Laubach, D. Lopez-Salido, and T. Nakata (2019): “Financial stability and Optimal Interest Rate Policy,” International Journal of Central Banking, 15, 279–326.

  5. Alpanda, S. and A. Ueberfeldt (2016): “Should Monetary Policy Lean Against Housing Market Booms?” Staff Working Papers 16-19, Bank of Canada.

  6. An, S. and F. Schorfheide (2007): “Bayesian Analysis of DSGE Models,” Econometric Reviews, 26, 113–172.

  7. Andrle, M. and J. Benes (2013): “System Priors; Formulating Priors about DSGE Models’ Properties,” IMF Working Papers 13/257, International Monetary Fund.

  8. Arbatli-Saxegaard, E., K. R. Gerdrup, and R. M. Johansen (2020): “Financial imbalances and medium-term macroeconomic tail risks in Norway,” Staff memo 5, Norges Bank.
    Paper not yet in RePEc: Add citation now
  9. Aruoba, S. B., P. Cuba-Borda, and F. Schorfheide (2017): “Macroeconomic Dynamics Near the ZLB: A Tale of Two Countries,” The Review of Economic Studies, 85, 87–118.
    Paper not yet in RePEc: Add citation now
  10. Bergholt, D., V. H. Larsen, and M. Seneca (2019): “Business cycles in an oil economy,” Journal of International Money and Finance, 96, 283 – 303.

  11. Binning, A. and J. Maih (2016): “Implementing the zero lower bound in an estimated regime-switching DSGE model,” Working Paper 2016/3, Norges Bank.

  12. BIS (2016): “IV. Monetary Policy: more accommodation, less room,” 86th Annual Report, Bank for International Settlements.
    Paper not yet in RePEc: Add citation now
  13. Boissay, F., F. Collard, J. Galí, and C. Manea (2021): “Monetary policy and endogenous financial crises,” .

  14. Caballero, R. J. and A. Simsek (2020): “Prudential monetary policy,” Tech. rep., National Bureau of Economic Research.
    Paper not yet in RePEc: Add citation now
  15. Cúrdia, V. and M. Woodford (2016): “Credit Frictions and Optimal Monetary Policy,” Journal of Monetary Economics, 84, 30–65.
    Paper not yet in RePEc: Add citation now
  16. Corsetti, G. and L. Dedola (2005): “A macroeconomic model of international price discrimination, ” Journal of International Economics, 67, 129–155.

  17. Del Negro, M. and F. Schorfheide (2008): “Forming priors for DSGE models (and how it affects the assessment of nominal rigidities),” Journal of Monetary Economics, 55, 1191–1208.

  18. Devereux, M. B. and C. Engel (2003): “Monetary policy in the open economy revisited: Price setting and exchange-rate flexibility,” The Review of Economic Studies, 70, 765–783.

  19. Diez, F., D. Leigh, and S. Tambunlertchai (2018): “Global Market Power and its Macroeconomic Implications,” IMF Working Papers 18/137, International Monetary Fund.

  20. Dorich, J., M. K. Johnston, R. R. Mendes, S. Murchison, and Y. Zhang (2013): “ToTEM II: An Updated Version of the Bank of Canada’s Quarterly Projection Model,” Technical Reports 100, Bank of Canada.
    Paper not yet in RePEc: Add citation now
  21. Farhi, E. and I. Werning (2021): “Taming a Minsky Cycle,” .
    Paper not yet in RePEc: Add citation now
  22. Filardo, A. and P. Rungcharoenkitkul (2016): “A quantitative case for leaning against the wind,” BIS Working Papers 594, Bank for International Settlements.

  23. Gambacorta, L. and F. M. Signoretti (2014): “Should monetary policy lean against the wind?” Journal of Economic Dynamics and Control, 43, 146–174.

  24. Gelain, P., K. J. Lansing, and C. Mendicino (2013): “House Prices, Credit Growth, and Excess Volatility: Implications for Monetary and Macroprudential Policy,” International Journal of Central Banking, 9, 219–276.

  25. Gelain, P., K. J. Lansing, and G. J. Natvik (2017): “Leaning Against the Credit Cycle,” Working Paper Series 2017-18, Federal Reserve Bank of San Francisco.
    Paper not yet in RePEc: Add citation now
  26. Gerali, A., S. Neri, L. Sessa, and F. M. Signoretti (2010): “Credit and Banking in a DSGE Model of the Euro Area,” Journal of Money, Credit and Banking, 42, 107–141.
    Paper not yet in RePEc: Add citation now
  27. Gerdrup, K. R., F. Hansen, T. Krogh, and J. Maih (2017a): “Leaning Against the Wind When Credit Bites Back,” International Journal of Central Banking, 13, 287–320.
    Paper not yet in RePEc: Add citation now
  28. Gertler, M., N. Kiyotaki, and A. Prestipino (2020): “Credit booms, financial crises, and macroprudential policy,” Review of Economic Dynamics, 37, S8–S33, the twenty-fifth anniversary of “Frontiers of Business Cycle Research.

  29. Gourio, F., A. K. Kashyap, and J. Sim (2017): “The Tradeoffs in Leaning Against the Wind,” NBER Working Papers 23658, National Bureau of Economic Research, Inc.

  30. Gourio, F., A. K. Kashyap, and J. W. Sim (2018): “The Trade offs in Leaning Against the Wind,” IMF Economic Review, 66, 70–115.
    Paper not yet in RePEc: Add citation now
  31. Hafstead, M. and J. Smith (2012): “Financial shocks, bank intermediation, and monetary policy in a DSGE model,” Unpublished.
    Paper not yet in RePEc: Add citation now
  32. Iacoviello, M. (2005): “House Prices, Borrowing Constraints, and Monetary Policy in the Business Cycle,” American Economic Review, 95, 739–764.

  33. Iacoviello, M. and S. Neri (2010): “Housing Market Spillovers: Evidence from an Estimated DSGE Model,” American Economic Journal: Macroeconomics, 2, 125–64.

  34. Inflation is detrended by the inflation target of 2.5 percent.29 The trend in imported inflation is assumed to be lower than that in overall inflation because of the continuous terms of trade gains from low import price inflation that Norway has enjoyed over the sample period. These gains have been slightly smaller in the latter years and are expected to remain so going forward. An upward trend shift in imported inflation is therefore assumed after 2012.
    Paper not yet in RePEc: Add citation now
  35. JEL: E52, E58, G01 Keywords: leaning against the wind, monetary policy, financial cycle, macroprudential policy ∗ We thank SeHyoun Ahn, Karsten Gerdrup, Tord Krogh, Junior Maih, Lars E.O. Svensson, and participants at the 55th Annual Conference of the Canadian Economics Association, the 2021 EEA-ESEM Congress, 52nd Annual Conference of the Money, Macro and Finance Society, the European Central Bank, the Federal Reserve Board, Norges Bank, the OECD, and Statistics Norway for valuable discussions and comments. This Working Paper should not be reported as representing the views of Norges Bank or the Norwegian Ministry of Finance. The views expressed are those of the authors and do not necessarily reflect those of Norges Bank or the Norwegian Ministry of Finance. Any errors are our own. Email: thore.kockerols@norges-bank.no, emk@fin.dep.no, yasin.mimir@norges-bank.no.
    Paper not yet in RePEc: Add citation now
  36. Jordà, O., B. Richter, M. Schularick, and A. M. Taylor (2021): “Bank Capital Redux: Solvency, Liquidity, and Crisis,” The Review of Economic Studies, 88, 260–286.
    Paper not yet in RePEc: Add citation now
  37. Jordà, O., M. Schularick, and A. M. Taylor (2013): “When Credit Bites Back,” Journal of Money, Credit and Banking, 45, 3–28.
    Paper not yet in RePEc: Add citation now
  38. Justiniano, A., G. E. Primiceri, and A. Tambalotti (2011): “Is there a trade-off between inflation and output stabilization?” Working Paper 17071, National Bureau of Economic Research.

  39. Kim, J. (2000): “Constructing and estimating a realistic optimizing model of monetary policy,” Journal of Monetary Economics, 45, 329–359.

  40. Kockerols, T. and C. Kok (2021): ““Leaning Against the Wind”, Macroprudential Policy and the Financial Cycle,” International Journal of Central Banking, forthcoming.
    Paper not yet in RePEc: Add citation now
  41. Kravik, E. M. and Y. Mimir (2019): “Navigating with NEMO,” Staff Memo 5, Norges Bank. Kravik, E. M., Y. Mimir, and K. S. Paulsen (n.d.): “A complete documentation of Norges Bank’s policy model NEMO,” Tech. rep., Norges Bank, http://www.norges-bank.no/ en/Monetary-policy/Models-for-monetary-policy-analysis-and-forecasting/NEMO/, continuously updated.
    Paper not yet in RePEc: Add citation now
  42. Levin, A. T., A. Onatski, J. Williams, and N. M. Williams (2006): “Monetary Policy Under Uncertainty in Micro-Founded Macroeconometric Models,” in NBER Macroeconomics Annual 2005, Volume 20, MIT Press, 229–312.

  43. Mian, A. and A. Taylor (2021): “Financial crises: A survey,” Tech. Rep. 29155, National Bureau of Economic Research.
    Paper not yet in RePEc: Add citation now
  44. Our setup is inspired by and very similar to Gelain et al. (2017) except that the latter study assumes that the households refinance a fixed fraction of the mortgage in every period, collateralised by the same fraction of their housing wealth. The labour market is characterised by monopolistic competition. Households supply labour and set wages subject to demand from the intermediate goods sector and the oil supply sector. Real wages are set as a markup over the marginal rate of substitution of consumption for leisure (see first-order conditions below). As there is assumed to be full labour mobility between the two sectors, there is only one wage level in the economy. Household j faces the following labour demand curve from the intermediate goods sector and the oil sector: Lt(j) =
    Paper not yet in RePEc: Add citation now
  45. Rotemberg, J. J. (1982): “Sticky Prices in the United States,” Journal of Political Economy, 90, 1187–1211.
    Paper not yet in RePEc: Add citation now
  46. Schüler, Y. S., P. Hiebert, and T. A. Peltonen (2015): “Characterising the financial cycle: a multivariate and time-varying approach,” Working Paper No 1846, European Central Bank.
    Paper not yet in RePEc: Add citation now
  47. Schmitt-Grohé, S. and M. Uribe (2003): “Closing small open economy models,” Journal of International Economics, 61, 163–185.

  48. Schularick, M. and A. M. Taylor (2012): “Credit booms gone bust: Monetary policy, leverage cycles, and financial crises, 1870-2008,” American Economic Review, 102, 1029–61.

  49. Schularick, M., L. Ter Steege, and F. Ward (2020): “Leaning against the wind and crisis risk,” CEPR Discussion Papers 14797, C.E.P.R. Discussion Papers.

  50. Svensson, L. (2013): “Leaning Against the Wind Leads to Higher (Not Lower) Household Debt-to-GDP Ratio,” Tech. rep., Stockholm School of Economics.
    Paper not yet in RePEc: Add citation now
  51. Svensson, L. E. (2017a): “Cost-benefit analysis of leaning against the wind,” Journal of Monetary Economics, 90, 193 – 213.
    Paper not yet in RePEc: Add citation now
  52. Table 6 lists the empirical ratios (averages over the period 2010-2016) and the model’s steady-state counterparts.
    Paper not yet in RePEc: Add citation now
  53. We follow Gelain et al. (2017) in that the loan principal repayment share follows from an (approximated) annuity loan repayment formula: δB t+1 (j) = 1 − IB,t (j) Bh,t (j) ! δB t (j) αh + IB,t (j) Bh,t (j) 1 − αh κh , (20) where αh and κh are exogenous parameters that govern the dynamics of amortisation rate. In the case of αh equal to 0, δB t (j) = 1 for all t, i.e. Bh,t (j) = IB,t (j), but if αh > 0, the above repayment formula captures the fact that the amortisation rate is low during the first years after taking up a mortgage when interest payments are high and increases thereafter. We calibrate αh and κh to capture the repayment schedule of a typical mortgage contract of 30 years. 6
    Paper not yet in RePEc: Add citation now

Cocites

Documents in RePEc which have cited the same bibliography

  1. Does “Lean Against the Wind” monetary policy improve welfare in a commodity exporter?. (2024). Tsomocos, Dimitrios ; Shirobokov, A ; Peiris, M U.
    In: Journal of International Money and Finance.
    RePEc:eee:jimfin:v:141:y:2024:i:c:s0261560623002139.

    Full description at Econpapers || Download paper

  2. Financial cycle comovement with monetary and macroprudential policy and global factors: Evidence from India. (2024). Bicchal, Motilal ; Mundra, Sruti.
    In: The North American Journal of Economics and Finance.
    RePEc:eee:ecofin:v:71:y:2024:i:c:s1062940824000457.

    Full description at Econpapers || Download paper

  3. ECB macroeconometric models for forecasting and policy analysis. (2024). Priftis, Romanos ; Banbura, Marta ; Kase, Hanno ; Fagan, Gabriel ; Rigato, Rodolfo Dinis ; Bokan, Nikola ; Zimic, Sreko ; Babura, Marta ; Warne, Anders ; Angelini, Elena ; Santoro, Sergio ; Von-Pine, Eliott ; Paredes, Joan ; Paries, Matthieu Darracq ; Invernizzi, Marco ; Muller, Georg ; Ciccarelli, Matteo ; Giammaria, Alessandro ; Montes-Galdon, Carlos ; Cocchi, Sara ; Lalik, Magdalena ; Brunotte, Stella ; Kornprobst, Antoine ; Koutsoulis, Iason ; Gumiel, Jose Emilio.
    In: Occasional Paper Series.
    RePEc:ecb:ecbops:2024344.

    Full description at Econpapers || Download Doubts about the model and optimal policy. (2023). Karantounias, Anastasios.
    In: School of Economics Discussion Papers.
    RePEc:sur:surrec:0423.

    Full description at Econpapers || Download paper

  4. Leaning against persistent financial cycles with occasional crises. (2023). Mimir, Yasin.
    In: Working Papers.
    RePEc:stm:wpaper:56.

    Full description at Econpapers || Download paper

  5. Monetary Policy and Endogenous Financial Crises. (2023). Manea, Cristina ; Gali, Jordi ; Collard, Fabrice ; Boissay, Frederic.
    In: Working Papers.
    RePEc:hal:wpaper:hal-03917780.

    Full description at Econpapers || Download paper

  6. Doubts about the model and optimal policy. (2023). Karantounias, Anastasios.
    In: Journal of Economic Theory.
    RePEc:eee:jetheo:v:210:y:2023:i:c:s002205312300039x.

    Full description at Econpapers || Download paper

  7. Coordination and non-coordination risks of monetary and macroprudential authorities: A robust welfare analysis. (2023). Górajski, Mariusz ; Kuchta, Zbigniew ; Gorajski, Mariusz.
    In: The North American Journal of Economics and Finance.
    RePEc:eee:ecofin:v:67:y:2023:i:c:s1062940823000451.

    Full description at Econpapers || Download paper

  8. The global savings glut and the housing boom. (2023). Jorgensen, Peter Lihn.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:146:y:2023:i:c:s0165188922002664.

    Full description at Econpapers || Download paper

  9. The role of financial stability considerations in monetary policy and the interaction with macroprudential policy in the euro area. (2023). Signoretti, Federico ; Nikolov, Kalin ; Ambrocio, Gene ; Heider, Florian ; Jovanovic, Mario ; Lewis, Vivien ; Miettinen, Pavo ; Policy, Monetary ; Bonatti, Guido ; Prieto, Esteban ; Redak, Vanessa ; Altavilla, Carlo ; Geiger, Felix ; Chalamandaris, Dimitrios ; Fourel, Valere ; Jan, Jansen David ; Kok, Christoffer ; Mazelis, Falk ; Balfoussia, Hiona ; Licak, Marek ; Patriek, Matic ; Pogulis, Armands ; Adolf, Petra ; Garabedian, Garo ; Cassar, Alan ; Weigert, Benjamin ; Fahr, Stephan ; Ioannidis, Michael ; Vlassopoulos, Thomas ; Maddaloni, Angela ; Klein, Melanie ; Papageorghiou, Maria ; Galati, Gabriele ; Fernandez, Luis ; Busch, Ulrike ; Valderrama, Maria ; Bussiere, Mat
  10. Doubts about the model and optimal policy. (2023). Karantounias, Anastasios.
    In: Discussion Papers.
    RePEc:cfm:wpaper:2312.

    Full description at Econpapers || Download paper

  11. Monetary policy and endogenous financial crises. (2022). Manea, Cristina ; Gali, Jordi ; Collard, Fabrice ; Boissay, Frederic.
    In: Discussion Papers.
    RePEc:zbw:bubdps:212022.

    Full description at Econpapers || Download paper

  12. Housing and Macroeconomics. (2022). Leung, Charles.
    In: MPRA Paper.
    RePEc:pra:mprapa:115500.

    Full description at Econpapers || Download paper

  13. Monetary Policy and Endogenous Financial Crises. (2022). Manea, C ; Gali, J ; Collard, F ; Boissay, F.
    In: Working Papers.
    RePEc:hal:wpaper:hal-03763108.

    Full description at Econpapers || Download paper

  14. Monetary Policy and Endogenous Financial Crises. (2022). Manea, Cristina ; Gali, Jordi ; Collard, Fabrice ; Boissay, Frederic.
    In: Working Papers.
    RePEc:hal:wpaper:hal-03509283.

    Full description at Econpapers || Download paper

  15. Banking deregulation, macroeconomic dynamics and monetary policy. (2022). Prieto, Esteban ; Eickmeier, Sandra ; Buch, Claudia M.
    In: Journal of Financial Stability.
    RePEc:eee:finsta:v:63:y:2022:i:c:s1572308922000791.

    Full description at Econpapers || Download paper

  16. Monetary and macroprudential policy coordination with biased preferences. (2022). Jackson, Timothy P ; Agenor, Pierre-Richard.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:144:y:2022:i:c:s0165188922002238.

    Full description at Econpapers || Download paper

  17. Housing and Macroeconomics. (2022). Leung, Charles.
    In: ISER Discussion Paper.
    RePEc:dpr:wpaper:1197.

    Full description at Econpapers || Download paper

  18. The Credit Cycle and Measurement of the Natural Rate of Interest. (2022). Ponomarenko, Alexey ; Guseva, Maria ; Deryugina, Elena.
    In: Journal of Central Banking Theory and Practice.
    RePEc:cbk:journl:v:11:y:2022:i:1:p:87-104.

    Full description at Econpapers || Download paper

  19. Monetary policy or macroprudential policies: What can tame the cycles?. (2022). Vollmer, Uwe.
    In: Journal of Economic Surveys.
    RePEc:bla:jecsur:v:36:y:2022:i:5:p:1510-1538.

    Full description at Econpapers || Download paper

  20. Monetary policy and endogenous financial crises. (2022). Collard, Fabrice ; Manea, Cristina ; Gali, Jordi ; Boissay, Jose Frederic.
    In: BIS Working Papers.
    RePEc:bis:biswps:991.

    Full description at Econpapers || Download paper

  21. .

    Full description at Econpapers || Download paper

  22. Monetary policy and endogenous financial crises. (2021). Collard, Fabrice ; Manea, C ; Gali, Jordi ; Boissay, F.
    In: Economics Working Papers.
    RePEc:upf:upfgen:1810.

    Full description at Econpapers || Download paper

  23. Monetary Policy and Endogenous Financial Crises. (2021). Collard, Fabrice ; Manea, Cristina ; Gali, Jordi ; Boissay, Frederic.
    In: TSE Working Papers.
    RePEc:tse:wpaper:126275.

    Full description at Econpapers || Download paper

  24. Macroprudential policy coordination in a currency union. (2021). Jia, Pengfei ; Jackson, Timothy ; Agenor, Pierre-Richard.
    In: European Economic Review.
    RePEc:eee:eecrev:v:137:y:2021:i:c:s0014292121001409.

    Full description at Econpapers || Download paper

  25. The role of financial stability considerations in monetary policy and the interaction with macroprudential policy in the euro area. (2021). Weigert, Benjamin ; Rodriguez-Moreno, Maria ; Prieto, Esteban ; Nikolov, Kalin ; Maddaloni, Angela ; Mazelis, Falk ; Lewis, Vivien ; Geiger, Felix ; Martin, Alberto ; Jovanovic, Mario ; Miettinen, Pavo ; Andreeva, Desislava ; Cuciniello, Vincenzo ; Albertazzi, Ugo ; Heider, Florian ; Redak, Vanessa ; Bonatti, Guido ; Licak, Marek ; Jan, Jansen David ; Garabedian, Garo ; Altavilla, Carlo ; Chalamandaris, Dimitrios ; Fourel, Valere ; Pogulis, Armands ; Carlo Altavilla , ; Balfoussia, Hiona ; Ioannidis, Michael ; Patriek, Matic ; Fernandez, Luis ; Kok, Christoffer ; Cassar, Alan ; Klein, Melanie ; Papageorghiou, Maria ; Fahr, Stephan ; Falagiarda, Matteo ; Adolf, Petra ;
  26. Leaning against persistent financial cycles with occasional crises. (2021). Mimir, Yasin ; Kravik, Erling Motzfeldt ; Kockerols, Thore.
    In: Working Paper.
    RePEc:bno:worpap:2021_11.

    Full description at Econpapers || Download paper

  27. Monetary Policy and Endogenous Financial Crises. (2021). Manea, Cristina ; Gali, Jordi ; Collard, Fabrice ; Boissay, Frederic.
    In: Working Papers.
    RePEc:bge:wpaper:1308.

    Full description at Econpapers || Download paper

  28. .

    Full description at Econpapers || Download paper

  29. When could macroprudential and monetary policies be in conflict?. (2020). Garcia, Jose David ; Levieuge, Gregory.
    In: LEO Working Papers / DR LEO.
    RePEc:leo:wpaper:2749.

    Full description at Econpapers || Download paper

  30. Monetary Policy, Prudential Policy, and Banks Risk-Taking: A Literature Review. (2020). NGAMBOU DJATCHE, Melchisedek Joslem.
    In: GREDEG Working Papers.
    RePEc:gre:wpaper:2020-40.

    Full description at Econpapers || Download paper

  31. Monetary Policy and Financial Stability. (2020). Sim, Jae ; Cairo, Isabel.
    In: Finance and Economics Discussion Series.
    RePEc:fip:fedgfe:2020-101.

    Full description at Econpapers || Download paper

  32. Doubts about the Model and Optimal Policy. (2020). Karantounias, Anastasios.
    In: FRB Atlanta Working Paper.
    RePEc:fip:fedawp:88478.

    Full description at Econpapers || Download paper

  33. A case for leaning against the wind in a commodity-exporting economy. (2020). Sinyakov, Andrey ; Ponomarenko, Alexey ; Kozlovtceva, Irina ; Tatarintsev, Stas.
    In: International Economics.
    RePEc:eee:inteco:v:164:y:2020:i:c:p:86-114.

    Full description at Econpapers || Download paper

  34. Interest rate policy and interbank market breakdown. (2020). Nuckles, Marc.
    In: Economic Modelling.
    RePEc:eee:ecmode:v:91:y:2020:i:c:p:779-789.

    Full description at Econpapers || Download paper

  35. A Markov-Chain Measure of Systemic Banking Crisis Frequency. (2020). TAMBAKIS, DEMOSTHENES.
    In: Cambridge Working Papers in Economics.
    RePEc:cam:camdae:2083.

    Full description at Econpapers || Download paper

  36. Optimal Monetary and Macroprudential Policies for Financial Stability in a Commodity-Exporting Economy. (2020). Khotulev, Ivan ; Styrin, Konstantin.
    In: Russian Journal of Money and Finance.
    RePEc:bkr:journl:v:79:y:2020:i:2:p:3-42.

    Full description at Econpapers || Download paper

  37. Optimal monetary and macroprudential policies for financial stability in a commodity-exporting economy. (2019). Khotulev, Ivan ; Styrin, Konstantin.
    In: Bank of Russia Working Paper Series.
    RePEc:bkr:wpaper:wps52.

    Full description at Econpapers || Download paper

  38. Financial Stability Implications of Policy Mix in a Small Open Commodity-Exporting Economy. (2019). Sinyakov, Andrey ; Ponomarenko, Alexey ; Tatarintsev, Stas ; Kozlovtceva, Irina.
    In: Bank of Russia Working Paper Series.
    RePEc:bkr:wpaper:wps42.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-02-26 08:00:36 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Sponsored by INOMICS. Last updated October, 6 2023. Contact: CitEc Team.

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy