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Political challenges of the macroprudential agenda

Chwieroth, Jeffrey and Danielsson, Jon (2013) Political challenges of the macroprudential agenda. VoxEU.

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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: Article
Official URL:
Additional Information: © 2013
Divisions: Finance
International Relations
Financial Markets Group
Systemic Risk Centre
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HG Finance
J Political Science > JC Political theory
Date Deposited: 03 Apr 2014 09:13
Last Modified: 14 Jun 2024 23:12

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