Collard, Fabrice; Dellas, Harris; Diba, Behzad; Loisel, … - Centre de Recherche en Économie et Statistique … - 2012
The recent financial crisis has highlighted the interconnectedness between macroeconomic and financial stability and has raised the question of whether and how to combine the corresponding main policy instruments (interest rate and bank-capital requirements). This paper offers a characterization...
