Double Targeting for Central Banks with Two Instruments
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Author
Date
2010-02-01Type
- Other Publication
ETH Bibliography
yes
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Abstract
Should monetary policy and banking regulation be conducted by separate bodies? This column proposes a new policy framework whereby the central bank chooses short-term interest rates and the aggregate equity ratio while banking regulation and supervision, including the determination of bank-specific capital requirements, would be left to separate bank-regulatory authorities. Show more
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publishedExternal links
Journal / series
VOX CEPR's Policy PortalPublisher
Centre for Economic Policy ResearchOrganisational unit
03729 - Gersbach, Hans / Gersbach, Hans
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ETH Bibliography
yes
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