Macroprudential policy under incomplete information

HIGHLIGHTS

  • who: JEL Classi…cation, E and D. Filiz, Unsaly from the University of Nottingham, School of EconomicsSir Clive Granger Building, University Park, Nottingham, RD have published the Article: Macroprudential Policy under Incomplete Information, in the Journal: (JOURNAL)
  • what: In this set-up the authors compare policy performances of permanently increasing the collateral requirement (passive policy) versus a time-varying (active) policy which responds to credit developments. By providing some insights on the inequality implications of macroprudential measures, the authors aim to bring a more complete picture on the issue for these countries . As in Mendicino . . .

     

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