Externalities and Macroprudential Policy

 
Author/Editor: De Nicoló, Gianni ; Favara, Giovanni ; Ratnovski, Lev
 
Publication Date: June 07, 2012
 
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Summary: This note overviews macroprudential policy options that have been proposed to address the systemic risks experienced during the recent financial crisis. It contributes to the policy debate by providing a taxonomy of macroprudential policies in terms of the specific negative externalities in the financial system that these policies are meant to address, and discusses their interrelations and some key implementation issues.
 
Series: Staff Discussion Notes No. 12/5
Subject(s): Macroprudential Policy | Financial systems | Banks | Capital markets | Financial risk | Financial stability | Risk management

Author's Keyword(s): Externalities | systemic risk | macroprudential policy
 
English
Publication Date: June 07, 2012
ISBN/ISSN: 9781475504095 Format: Paper
Stock No: SDNEA2012005 Pages: 25
Price:
US$10.00
 
 
English
Publication Date: June 07, 2012
ISBN/ISSN: 978-1-61635-401-5 / 2221-030X Format: A web quality merged PDF
Stock No: SDNET2012005 Pages: 23
Price:
Free
 
 
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