• Corpus ID: 154333810

Evaluation of macroeconomic models for financial stability analysis

@inproceedings{Bardsen2006EvaluationOM,
  title={Evaluation of macroeconomic models for financial stability analysis},
  author={Gunnar B̊ardsen and Kjersti-Gro Lindquist and Dimitrios P. Tsomocos},
  year={2006}
}
As financial stability has gained focus in economic policymaking, the demand for analyses of financial stability and the consequences of economic policy has increased. Alternative macroeconomic models are available for policy analyses, and this paper evaluates the usefulness of some models from the perspective of financial stability. Financial stability analyses are complicated by the lack of a clear and consensus definition of ‘financial stability’, and the paper concludes that operational… 

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