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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP10776 |
DP10776 Macro-Financial Stability under EMU | |
Philip Lane | |
发表日期 | 2015-08-23 |
出版年 | 2015 |
语种 | 英语 |
摘要 | This paper examines the cyclical behaviour of country-level macro-financial variables under EMU. Monetary union strengthened the covariation pattern between the output cycle and the financial cycle, while macro-financial policies at national and area-wide levels were insufficiently counter-cyclical during the 2003-2007 boom period. We critically examine the policy reform agenda required to improve macro-financial stability. |
主题 | International Macroeconomics and Finance |
关键词 | Emu Financial stability Macroprudential |
URL | https://cepr.org/publications/dp10776 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/539607 |
推荐引用方式 GB/T 7714 | Philip Lane. DP10776 Macro-Financial Stability under EMU. 2015. |
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