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- Das Verhältnis von Geldpolitik, Fiskalpolitik und Finanzstabilitätspolitik
Das Verhältnis von Geldpolitik, Fiskalpolitik und Finanzstabilitätspolitik
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»The Interaction of Monetary Policy, Fiscal Policy, and Financial Stability Policy«
Recent developments showed that (only) the central bank can ensure financial stability. This calls for an assessment of the central bank's financial stability policy mandate. Since stabilizing the financial system will always imply the involvement of monetary and fiscal policy, an assessment of the central bank's financial stability mandate will always require an analysis of the interaction of monetary policy, fiscal policy, and financial stability policy.
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