Monetary Policy and Financial Stability: What Role in Prevention and Recovery?

By C. Borio. 2014

127 citations recorded by the source corpus.

How researchers see this paper

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Macroprudential policy and bank risk (2018, background): “The time dimension represents the need to constrain financial booms (Borio, 2014).”
Competitive monetary easing: is it yesterday once more? (2014, background): “See Borio (2014), Borio and Disyatat (2009), Stein (2013), though see Chodorow-Reich (2014) for an alternative viewpoint.”
Necessity As the Mother of Invention: Monetary Policy after the Crisis (2017, background): “Likewise, Borio (2014) argues empirically that policymakers should be able to identify the build-up of financial imbalances in real time with a sufficient lead, even out of sample.11 These findings imply that credit bubbles might be taken as leading indicator of a crisis.”
The Influence of Monetary Policy on Bank Profitability (2017, unknown): “Second, they may induce less risk-taking on new loans through the so-called risk-taking channel (Borio and Zhu (2012)).”