A framework for two macro policy instruments: Money and banking combined

Hans Gersbach, 12 October 2011

The way in which monetary policy, macroprudential policy, and microprudential regulation of banks should be organised and conducted is a major, as yet unresolved, issue. In CEPR Policy Insight No.58, the author outlines a policy framework for addressing this issue.

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Download Policy Insight No.58 for free here.

URL:  http://www.cepr.org/pubs/PolicyInsights/CEPR_Policy_Insight_058.asp

Topics:  International finance Macroeconomic policy Monetary policy

Tags:  monetary policy, banking regulation, Macroprudential policies, microprudential regulation

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