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Arestis y Karatskico by valentinobracco2002 is a document available to read on EtoBox.
What is Arestis y Karatskico about?
The document discusses the role of central banks in managing economic crises, particularly emphasizing the need for a shift from solely targeting inflation to also considering net wealth in the personal sector. It argues that targeting net wealth can help avoid moral hazard and better stabilize the economy during asset-led business cycles. The authors propose that a mild approach to wealth targeting could mitigate the adverse effects of credit crises and reduce the amplitude of business cycles.
- Author
- valentinobracco2002
- Language
- EN