beSpacific · @bespacific
783 followers · 1265 posts · Server newsie.socialLoose #MonetaryPolicy and #FinancialInstability Do periods of persistently loose monetary policy increase financial fragility and the likelihood of a financial crisis? This is a central ? for policymakers yet literature does not provide #systematic #empirical# evidence about this link at the #AggregateLevel. In this paper we fill this gap by analyzing long-run #HistoricalData. https://www.nber.org/papers/w30958 #FinancialStability #FinancialSystem #risk #SystemicRisk #BankingSystem #Credit #AssetPrice
#monetarypolicy #financialinstability #systematic #empirical #aggregatelevel #historicaldata #financialstability #financialsystem #risk #systemicrisk #bankingsystem #credit #assetprice