Economics at your fingertips  

La relación entre política monetaria y política de estabilización financiera

Lars Svensson ()

Journal Economía Chilena (The Chilean Economy), 2018, vol. 21, issue 2, 082-106

Abstract: The paper discusses how monetary and financial-stability policies are related, how they can be distinguished, how appropriate goals for the two policies can be determined, whether the policies are best conducted separately or coordinately and by the same or different authorities, and how the policies can be coordinated when desired. The Swedish example of monetary policy strongly “leaning against the wind” and the subsequent policy turnaround is summarized, as well as what estimates have been found of the costs and benefits of leaning against the wind.

Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) ... sto2018_pp82-106.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Journal Economía Chilena (The Chilean Economy) is currently edited by Roberto Alvarez, Miguel Fuentes and Claudio Raddatz

More articles in Journal Economía Chilena (The Chilean Economy) from Central Bank of Chile Contact information at EDIRC.
Bibliographic data for series maintained by Claudio Sepulveda ().

Page updated 2019-04-19
Handle: RePEc:chb:bcchec:v:21:y:2018:i:2:p:082-106