Should monetary policy lean against the wind in a small-open economy? Revisiting the Tinbergen rule
While conventional monetary policy maintains its role in counteracting inflation, there are doubts that it is sufficient to guard against the risks of financial instability. It has been debated whether monetary policy should lean against the wind, i.e., if central banks should also respond to the bu...
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| Materialtyp: | Artigo |
| Språk: | Inglês |
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Elsevier
2021-03-01
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| Serie: | Latin American Journal of Central Banking |
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| Länkar: | http://www.sciencedirect.com/science/article/pii/S2666143821000065 |
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