C 2019

Financial Innovations, Indebtedness and Coordination of Monetary and Macroprudential Policies.

FRAIT, Jan

Basic information

Original name

Financial Innovations, Indebtedness and Coordination of Monetary and Macroprudential Policies.

Name in Czech

Finanční inovace, zadluženost a koordinace měnové a makroobezřetnostní politiky.

Authors

FRAIT, Jan

Edition

1st. Tirana, Monetary Policy, Economic Integration and the "New" Normal. Proceedings from Annual Conference of the Bank of Albania, co-organised with the London School of Economices and Political Sciencies. p. 183-190, 8 pp. BoE IMF, 2019

Publisher

Bank of Albania

Other information

Language

English

Type of outcome

Chapter(s) of a specialized book

Field of Study

50206 Finance

Country of publisher

Albania

Confidentiality degree

is not subject to a state or trade secret

Publication form

printed version "print"

Organization unit

University of Finance and Administration

ISBN

978-9928-262-24-0

Keywords (in Czech)

měnová politika, makroobezřetnostní politika; hospodářský cyklus;finanční cyklus;

Keywords in English

monetary policy; macroprudential policy; economic cycle; financial cycle

Tags

Tags

International impact, Reviewed
Changed: 13/11/2020 12:43, Bc. Jan Peterec

Abstract

V originále

The paper builds upon the experience of the Czech National Bank with the coordination of monetary and macroprudential policies at different stages of the financial and business cycle that is based on identified channels of transmission of the two policies and potential feedback between them. It is admitted that in some situations monetary policy and macroprudential policy can come into conflict in the pursuit of their objectives. It is therefore crucial to coordinate them and seek an optimal policy mix based on a detailed assessment of the economic outlook.

In Czech

Finanční inovace, zadluženost a koordinace měnové a makroobezřetnostní politiky.