Shadow Banking and the Design of Macroprudential Policy in a Monetary Union
This paper studies the interaction of international shadow banking with monetary and macroprudential policy in a two-country currency union DSGE model. We find evidence that cross-country .financial integration through the shadow banking system is a source of .financial contagion in response to idio...
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Veröffentlicht in: | MAGKS - Joint Discussion Paper Series in Economics (Band 24-2020) |
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Autoren: | , |
Format: | Artikel |
Sprache: | Englisch |
Veröffentlicht: |
Philipps-Universität Marburg
2020
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Online Zugang: | PDF-Volltext |
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