The Effect of Regulatory Changes on Monetary Policy Implementation Frameworks

Meyer Aaron, Annick Demers and Sean Durr
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Sean Durr: Bank of Canada, https://www.bankofcanada.ca/

Bank of Canada Review, 2015, vol. 2015, issue Autumn, 39-49

Abstract: This article provides an analysis of some recent banking regulatory initiatives that are likely to influence the activities of financial intermediaries and the effectiveness of central bank monetary policy implementation frameworks. Although the effects of individual regulations can be anticipated in most cases, the combined regulatory impact is not yet clear. Central banks should, however, be able to accommodate the effects of the emerging regulatory environment within their existing policy implementation frameworks.

Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:bca:bcarev:v:2015:y:2015:i:autumn15:p:39-49

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