Monetary policy and macro-prudential regulation: the risk-sharing paradigm
Economic history is replete with episodes of financial crises creating havoc for the real economy. These episodes typically have three important ingredients. First there are large financial flows to finance a bubbling asset class such as sovereigns or housing with 'safe' debt. Second there...
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Formato: | Artículo |
Lenguaje: | eng |
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Banco Central de Chile
2019
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Acceso en línea: | https://hdl.handle.net/20.500.12580/3809 |
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