Macroprudential supervision: from theory to policy

"While there is now consensus that financial supervision has to focus on the aggregate (macroprudential), in addition to the individual (microprudential), there is no agreed macroprudential framework for measuring financial imbalances and applying policies to correct such imbalances. This paper...

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Bibliographic Details
Main Authors: Schoenmaker, Dirk, Wierts, Peter
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Brussels 2015
Bruegel
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19107847124919250299-Macroprudential-supervision-fr.htm
Description
Summary:"While there is now consensus that financial supervision has to focus on the aggregate (macroprudential), in addition to the individual (microprudential), there is no agreed macroprudential framework for measuring financial imbalances and applying policies to correct such imbalances. This paper focuses on these two open questions in the so-called time dimension of macroprudential policy."
Physical Description:1 v.
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