Search Options
Home Media Explainers Research & Publications Statistics Monetary Policy The €uro Payments & Markets Careers
Sort by

Research Task Force on monetary policy, macroprudential policy and financial stability (RTF)


In December 2017 the ECB’s Research Coordination Committee set up the Research Task Force (RTF) with a view to fostering cooperation across the ECB to produce new analysis frameworks for key research and policy questions on the interaction of monetary policy, macroprudential policy and financial stability.

Main research topics

The RTF conducts research over a three-year period in the following areas:

  • impact of macroprudential policy
  • interaction between monetary policy and macroprudential policy
  • monetary policy effects on financial stability risk
Luc Laeven (ECB)
External academic advisers
  • Professor Markus K. Brunnermeier, Princeton University
  • Professor Anil Kashyap, University of Chicago Booth School of Business
  • Professor Mark Gertler, New York University