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Overcoming the Fear of Free Falling: Monetary Policy Graduation in Emerging Markets

Carlos Vegh and Guillermo Vuletin

Chapter 6 in The Role of Central Banks in Financial Stability:How Has It Changed?, 2013, pp 105-129 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionGraduating ClassGraduation and “Fear of Free Falling”Graduation and “Fear of Free Falling”— Regression AnalysisConclusionsReferencesAppendix 1. Definition of Variables and SourcesAppendix 2. Countries in the SampleAppendix 3. Data on Cyclicality of Monetary Policy, Fear of Free Falling, and Institutional Quality

Keywords: Financial Stability; Financial Regulation; Macroprudential Regulation; Systemic Risk; Dodd-Frank; Financial Crisis (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (17)

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