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Political challenges of the macroprudential agenda

Chwieroth, Jeffrey and Danielsson, Jon (2013) Political challenges of the macroprudential agenda. VoxEU.org (06 Sep 2013) Opinion Piece.

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Abstract

Central banks frequently lead the macroprudential policy implementation. The hope is that their credibility in conquering inflation might rub off on macroprudential policy. This column argues the opposite. The fuzziness of the macroprudential agenda and the interplay of political pressures may undermine monetary policy.

Item Type: Website (Opinion Piece)
Official URL: http://www.voxeu.org/
Additional Information: © 2013 VoxEU.org
Library of Congress subject classification: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HG Finance
J Political Science > JC Political theory
Sets: Departments > Finance
Departments > International Relations
Research centres and groups > Financial Markets Group (FMG)
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 03 Apr 2014 09:13
URL: http://eprints.lse.ac.uk/56385/

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