Macroprudential Policy and Practice (Hardcover)

Language: English

Published by Cambridge University Press, Cambridge, 2018

1108419909 / 9781108419901

Series: Book 5 of 5 - Macroeconomic Policy Making

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Hardcover

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Hardcover. 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. Macroprudential policy is perhaps the most important development in central bank policymaking circles since the global financial crisis, and reliance on such policies continues to spread. This is a guide to the latest theoretical developments, showing how they relate to monetary policy, and supported by empirical evidence from many countries. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. …

Title
Macroprudential Policy and Practice (Hardcover)
Author
Paul Mizen
Publisher
Cambridge University Press, Cambridge
Publication year
2018
Condition
new
Binding
Hardcover
Language
English
ISBN 10
1108419909
ISBN 13
9781108419901
Series
Book 5 of 5: Macroeconomic Policy Making

CitiRetail

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