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The role of central banks in macroeconomic and financial ...
BIS Papers No 76 The role of central banks in macroeconomic and financial stability Edited by M S Mohanty Monetary and Economic Department february 2014 The views expressed are those of the authors and not necessarily the views of the BIS. This publication is available on the BIS website ( ). bank for International Settlements 2014. All rights reserved. Brief excerpts may be reproduced or translated provided the source is stated. ISSN 1609-0381 (print) ISBN 92-9131-972-4 (print) ISSN 1682-7651 (online) ISBN 92-9197-972-4 (online) BIS Papers No 76 iii Contents The role of central banks in macroeconomic and financial stability Jaime Caruana.
February 2014 . The views expressed are those of the authors and not necessarily the views of the BIS. ... management policies should not undermine effective . Good monetary policy ... commodity prices – can help to address systemic threats.
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