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Unpleasant Monetarist Arithmetic: Macroprudential Edition
2017
Social Science Research Network
The 2008 crisis highlighted the linkages between the financial sector and the real economy, as well as between the corresponding stabilization policies: macroprudential and monetary (M&Ms). Our game-theoretic analysis focuses on the increasingly adopted separation setup, in which M&Ms are conducted by two different institutions (e.
doi:10.2139/ssrn.2985247
fatcat:ioqhjxu2k5fkfhwo5kbyh7kdoa