Browsing Norges Banks vitenarkiv by Author "Kok, Christoffer"
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“Leaning Against the Wind”, Macroprudential Policy and the Financial Cycle
Kockerols, Thore; Kok, Christoffer (Working Paper;1/2019, Working paper, 2019)Should monetary policy lean against financial stability risks? This has been a subject of fierce debate over the last decades. We contribute to the debate about “leaning against the wind” (LAW) along three lines. First, ...