Macro-prudential policy versus asset price bubbles in monetary union member states the case of Spain /

The paper considers the ability of macro-prudential instruments – top-down regulations applied on the financial system as a whole, aimed at slowing credit growth and decreasing systemic risk – to flatten a growing asset price bubble in a country not having independent monetary policy. This is proble...

Full description

Saved in:
Bibliographic Details
Main Author: Karaś Małgorzata
Format: Book part
Published: 2014
Series:Crisis Management and the Changing Role of the State
Kulcsszavak:Ingatlanpiac - Spanyolország, Pénzügy - Spanyolország
Online Access:http://acta.bibl.u-szeged.hu/57514

Similar Items