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2017 | OriginalPaper | Chapter

8. Turf Wars: The Relationship Between Macroprudential Policy and Other Policy Regimes

Author : Richard Barwell

Published in: Macroeconomic Policy after the Crash

Publisher: Springer International Publishing

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Abstract

In a perfect world, the pursuit of policy objectives in one domain of economic policy would not interfere with progress in another. Policymakers in the monetary, fiscal, micro- and macroprudential spheres could go about their business without a second thought for the consequences of their actions for the wider goals of economic policy or the potential for other policymakers to complicate their task. Unfortunately, we do not live in that perfect world: policymakers will be treading on each other’s toes, if not trampling on each other’s turf.

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Title: Turf Wars: The Relationship Between Macroprudential Policy and Other Policy Regimes
Author: Richard Barwell
Publisher: Springer International Publishing
Book: Macroeconomic Policy after the Crash
Print ISBN: 978-3-319-40462-2

Electronic ISBN: 978-3-319-40463-9

Copyright Year: 2017
DOI: https://doi.org/10.1007/978-3-319-40463-9_8