Macroprudential policy and the financial cycle: Some stylised facts and policy suggestions

Steep increases in public sector allocations, growth in private consumption and strong growth in labour costs fuel high price inflation for goods and services produced in

economic history shows that inflation and inflation expectations can become unhinged. There are many self-regulating mechanisms in the economy, but inflation does not regulate

Conference to mark the 10th anniversary of the Federation of Norwegian Professional Associations.. 24

3 Based on assumptions concerning forward rates and a gradually declining krone exchange rate, and an assumption that monetary policy easing will not translate into stronger wage

macro stress tests as early warning devices – Fail to capture spiral effects.. overestimating the effectiveness of macroprudential policy – Difficult due to the

A comparison of the target federal funds rate with prescriptions from simple rules, as in figure 2, has considerable value and may provide a good summary guide to policy settings for

HTAi Board members also attend meetings of the Forum (the main discussion of the Forum is held alongside the “winter” meeting of the Board), and leading international experts

Both studies claim that they were made possible because Kaiser Permanente is a large and integrated health programme that has a common electronic patient record and runs