Implications of household-level evidence for policy models: the case of macro-financial linkages
Macroeconomic policy models should track the different channels of monetary transmission, providing a framework for Monetary Policy Committees. They should also be useful for assessing risks to financial stability, including for designing macroprudential stress tests and instrument settings in the n...
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| Format: | Journal article |
| Language: | English |
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Oxford University Press
2021
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