全球智库信息集成服务系统(G2TT): Policy Insight 112: The fragile triangle: Price stability, bank regulation and central bank reserves

G2TT

来源类型	Policy insights
规范类型	论文
来源ID	Policy Insight 112
	Policy Insight 112: The fragile triangle: Price stability, bank regulation and central bank reserves
	Hans Gersbach
发表日期	2021-10-06
出版年	2021
语种	英语
摘要	This Policy Insight outlines how bank regulation and central bank reserves affect bank money creation, and how an examination of this link can contribute to the understanding of inflation risks. We suggest that as the tightening of bank capital regulation has come to an end and as banks maintain large central bank reserves, inflation risks are generally higher than currently assumed. While paying interest on reserves may be the easy solution, renouncing such payments, slowly reversing asset purchases, and setting temporary reserve requirements would make central bank reserves scarce again - with better monitoring incentives for banks and stronger mitigation of inflation risks.
主题	Central Banking ; Financial Regulation and Banking
URL	https://cepr.org/publications/policy-insight-112-fragile-triangle-price-stability-bank-regulation-and-central-bank
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/546720
推荐引用方式 GB/T 7714	Hans Gersbach. Policy Insight 112: The fragile triangle: Price stability, bank regulation and central bank reserves. 2021.