How might the concept of GDP at Risk help central banks pursue a financial stability objective?

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Money Banking And Financial Markets

ISBN: 9781260226782

6th Edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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Question Posted: Mar 21, 2024 05:42 AM

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How might the concept of GDP at Risk help central banks pursue a financial stability objective?

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GDP at Risk GDPaR is a measure used to quantify the potential impact of adverse events on a countrys GDP It provides a framework for assessing the vul...View the full answer

Money Banking And Financial Markets

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