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Monetary and Macroprudential Policies: The Case for a Separation of Powers

In: Central Bank Frameworks: Evolution or Revolution?

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  • Ben Broadbent

    (Bank of England)

Abstract

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Suggested Citation

  • Ben Broadbent, 2018. "Monetary and Macroprudential Policies: The Case for a Separation of Powers," RBA Annual Conference Volume (Discontinued), in: John Simon & Maxwell Sutton (ed.),Central Bank Frameworks: Evolution or Revolution?, Reserve Bank of Australia.
  • Handle: RePEc:rba:rbaacv:acv2018-11
    as

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    File URL: https://www.rba.gov.au/publications/confs/2018/pdf/rba-conference-volume-2018-broadbent.pdf
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    References listed on IDEAS

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    1. Sue Fernie & David Metcalf, 1999. "It’s Not What You Pay it’s the Way that You Pay it and that’s What Gets Results: Jockeys’ Pay and Performance," LABOUR, CEIS, vol. 13(2), pages 385-411, June.
    2. Leeper, Eric M., 1991. "Equilibria under 'active' and 'passive' monetary and fiscal policies," Journal of Monetary Economics, Elsevier, vol. 27(1), pages 129-147, February.
    3. David Aikman & Julia Giese & Sujit Kapadia & Michael McLeay, 2023. "Targeting Financial Stability: Macroprudential or Monetary Policy?," International Journal of Central Banking, International Journal of Central Banking, vol. 19(1), pages 159-242, March.
    4. Holmstrom, Bengt & Milgrom, Paul, 1991. "Multitask Principal-Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 7(0), pages 24-52, Special I.
    5. Meeks, Roland, 2017. "Capital regulation and the macroeconomy: Empirical evidence and macroprudential policy," European Economic Review, Elsevier, vol. 95(C), pages 125-141.
    6. Goodhart, Charles, 2015. "Linkages between macro-prudential and micro-prudential supervision," LSE Research Online Documents on Economics 64511, London School of Economics and Political Science, LSE Library.
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    Cited by:

    1. Matthieu Bussière & Jin Cao & Jakob de Haan & Robert Hills & Simon Lloyd & Baptiste Meunier & Justine Pedrono & Dennis Reinhardt & Sonalika Sinha & Rhiannon Sowerbutts & Konstantin Styrin, 2021. "The interaction between macroprudential policy and monetary policy: Overview," Review of International Economics, Wiley Blackwell, vol. 29(1), pages 1-19, February.

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