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http://hdl.handle.net/10071/13305| Author(s): | Ramos, Renato Rodrigues Marques de Freitas |
| Advisor: | Mendes, Vivaldo Mendes, Diana Elisabeta Aldea |
| Date: | 14-Dec-2016 |
| Title: | Central banks and asset bubbles - the United Kingdom case |
| Reference: | RAMOS, Renato Rodrigues Marques de Freitas - Central banks and asset bubbles - the United Kingdom case [Em linha]. Lisboa: ISCTE-IUL, 2016. Dissertação de mestrado. [Consult. Dia Mês Ano] Disponível em www:<http://hdl.handle.net/10071/13305>. |
| Keywords: | Monetary policy Financial stability Macroprudential Policy Economia financeira Banco central Política monetária Instituições financeiras Estabilidade económica Séries temporais |
| Abstract: | Should monetary policy through the interest rate be used to foster financial stability? This study tries to answer the question for the United Kingdom. The results show that if monetary policy tries to reduce the probability of a financial crisis by promoting financial stability due to a lower growth of real debt the costs are higher than the benefits, thus the use of monetary policy to promote financial stability is not justified for the United Kingdom, that should be the legacy of macroprudencial policy. |
| Degree: | Mestrado em Economia |
| Peerreviewed: | yes |
| Access type: | Restricted Access |
| Appears in Collections: | T&D-DM - Dissertações de mestrado |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| 1.MasterThesis.pdf Restricted Access | 2,1 MB | Adobe PDF | View/Open Request a copy |
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