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Author
García T., Carlos (1)
Gray, Dale (1)Luna B., Leonardo (1)Restrepo L., Jorge E. (1)
Subject
POLÍTICA MONETARIA (1)RIESGO FINANCIERO (1)... View More
Date Issued
2010 (1)
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Artículo (1)
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Incorporating financial sector risk into monetary policy models: application to Chile 

Author
Gray, Dale; García T., Carlos; Luna B., Leonardo; Restrepo L., Jorge E.
Date
Banco Central de Chile, 2010
Subject
RIESGO FINANCIERO; POLÍTICA MONETARIA
This article analyzes whether market-based financial stability indicators (FSIs) should be included in monetary policy models and, if so, how. Since the economy and interest rates affect financial sector credit risk, and the financial sector affects the economy, this article builds a model of financial ...
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