Political challenges of the macroprudential agenda
Chwieroth, Jeffrey
; and Danielsson, Jon
(2013)
Political challenges of the macroprudential agenda
VoxEU.
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 |
|---|---|
| Keywords | Financial markets,Politics and economics,Central Banks,credibility,macroprudential |
| Departments |
Finance International Relations Financial Markets Group Systemic Risk Centre |
| Date Deposited | 03 Apr 2014 09:13 |
| URI | https://researchonline.lse.ac.uk/id/eprint/56385 |
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ORCID: https://orcid.org/0000-0001-8965-0621
ORCID: https://orcid.org/0009-0006-9844-7960