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Macroprudential policy and practice

Macroprudential policy is perhaps the most important new development in central bank policymaking circles since the global financial crisis, and reliance on such policies has continued to spread. The crisis, which showed the limits of conventional monetary policy as a tool to deal with financial sta...

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Bibliographic Details
Other Authors: Mizen, Paul, Rubio, Margarita, Turner, Philip
Format: Printed Book
Published: Cambridge Cambridge University press 2018
Series:Macroeconomic policy making
Subjects:
LEADER 01730cam a2200241 i 4500
020 |a 9781108419901 (hardback) 
020 |a 9781108412346 (pbk.) 
082 0 0 |a 339.53  |b MAC 
245 0 0 |a Macroprudential policy and practice  
260 |a Cambridge  |b Cambridge University press  |c 2018 
300 |a vii, 315 p. 
490 0 |a Macroeconomic policy making 
500 |a Includes index. 
520 |a Macroprudential policy is perhaps the most important new development in central bank policymaking circles since the global financial crisis, and reliance on such policies has continued to spread. The crisis, which showed the limits of conventional monetary policy as a tool to deal with financial stability, forced a wide-ranging rethink of economic policies, their interactions and their repercussions. It has led to new forms of intervention, of regulation and of supervisory practice. Macroprudential regulation is now one of the most important topics in modern macroeconomics, because it concerns measures put in place to reduce the risks and costs of the instability caused by financial crises. Written by senior figures from the worlds of academia and banking, this volume combines theoretical approaches with hard evidence of the policy's achievements in many countries. It is the first in-depth analysis of macroprudential instruments for policymakers, banks and economists. 
650 0 |a Monetary policy. 
650 0 |a Banks and banking, Central. 
650 0 |a Economic policy. 
700 1 |a Mizen, Paul, 
700 1 |a Rubio, Margarita, 
700 1 |a Turner, Philip, 
942 |c BK 
999 |c 59826  |d 59826 
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