Economics, Econometrics and Finance
4 years ago

Monetary policy faces new challenges in preserving financial stability and reacting to asset bubbles.

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RePEc: Research Papers in Economics
The future of monetary policy. Summary of the conference held in Rome on 30 September and 1 October 2010
Laurent Clerc, Olivier Loisel, Benoı̂t Mojon, Xavier Ragot

Paper Summary

Monetary policy and liquidity management are not always separate. Monetary policy should consider financial stability and react to asset price bubbles. The future of monetary policy is uncertain.

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