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- Title
Financial stability, monetary stability and public policy.
- Authors
Fisher, Chay; Gai, Prasanna
- Abstract
The interplay between financial and monetary stability has received considerable attention in recent times, from policymakers and academics alike. This article reviews the broad themes that have emerged in the recent literature and highlights several key issues that merit attention by researchers. In particular, the optimal combination of instruments designed to achieve these twin goals of policy simultaneously remains a relatively underexplored area of research.
- Subjects
MONETARY policy; POLITICAL planning; ECONOMIC policy; FISCAL policy; PRACTICAL politics
- Publication
Bank of England Quarterly Bulletin, 2005, Vol 45, Issue 4, p440
- ISSN
0005-5166
- Publication type
Article