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Monetary policy and endogenous financial crises

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by Frederic Boissay, Fabrice Collard, Jordi Galí and Cristina Manea
We study whether a central bank should deviate from its objective of price stability to promote financial stability.

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Monetary policy and endogenous financial crises

by Frederic Boissay, Fabrice Collard, Jordi Galí and Cristina ManeaWe study whether a central bank should deviate from its objective of price stability to