Central Bank Independence And Macro-Prudential Regulation
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| Originally published | April 2012 |
| Authors | Fabian Valencia |
| Kenichi Ueda | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2416223 |
About Central Bank Independence And Macro-Prudential Regulation
We consider the optimality of various institutional arrangements for agencies that conduct macro-prudential regulation and monetary policy. When a central bank is in charge of price and financial stability, a new time inconsistency problem may arise. . . .