Optimal Macroprudential-Fiscal Policy and Financial Stability : The Effects on Private Debt Deleveraging in Advanced and Emerging Economies
What is the optimal interaction between macroprudential and fiscal policy to foster financial stability? This thesis evaluates whether policy interaction can impact private debt growth. First, a model is built with borrowing constraints that illustrate the links between private and public debt dynam...
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| Format: | Others |
| Language: | English |
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KTH, Industriell ekonomi och organisation (Inst.)
2018
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| Online Access: | http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-226166 |