A tale of two perspectives: old or new challenges for monetary policy?

By C. Borio, William B English, Andrew J. Filardo. 2003

175 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/7c4756c862c521d3420aa2e247d06eb7e9ce66cb

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

1. Hyun Song Shin
2. C. Borio
3. Stephen Morris
4. W. R. White
5. Itay Goldstein
6. P. Geraats
7. Tobias Adrian
8. George-Marios Angeletos

In Finance

1. Hyun Song Shin
2. C. Borio
3. Stephen Morris
4. W. R. White
5. Hélène Rey
6. L. Gambacorta
7. Tobias Adrian
8. Stijn Claessens

Citations in the corpus

• Procyclicality in the financial system: do we need a new macrofinancial stabilisation framework? (2006, background): “4 For more explicit documentation of these facts, see Borio and White (2004) and Borio et al (2003).”
• Towards a Macroprudential Framework for Financial Supervision and Regulation? (2003, unknown): “64 Borio and Crockett (2000) and Borio and Lowe (2002a) and Borio et al (2003).”
• Whither monetary and financial stability? the implications of evolving policy regimes (2004, unknown): “See also Borio et al (2003) for a discussion of these issues and corresponding references.”
• Monetary Policy Strategy: Lessons from the Crisis (2011, unknown): “…bubbles led some economists before the crisis, both inside and outside central banks —such as Cecchetti and others (2000), Borio and Lowe (2002), Borio, English, and Filardo (2003), and White (2004)—to argue that central banks should at times ―lean against the wind‖ by raising interest rates…”
• Monetary and Prudential Policies at a Crossroads? New Challenges in the New Century (2006, background): “See also Borio et al (2003) for a discussion of these issues and corresponding references.”
• Central Bank Transparency and the Signal Value of Prices (2006, background): “7 Rewriting (18) in terms of nominal marginal cost, de…ned as + p, we have”
• Towards a Macroprudential Framework for Financial Supervision and Regulation (2003, unknown): “Borio and Crockett (2000) and Borio and Lowe (2002a) and Borio et al (2003) .”
• Macroprudential Policy - A Literature Review (2012, unknown): “Borio (2003) suggested the following stylized characterisation of the different nature of the two perspectives: 5 See e.g. Borio et al (2003) and Orphanides and Williams (2010) for a discussion of the evolution of views on monetary policy objectives.”