Externalities and Macroprudential Policy

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 fina...

Full description

Bibliographic Details
Main Author: De Nicolo, Gianni
Other Authors: Favara, Giovanni, Ratnovski, Lev
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2012
Series:Staff Discussion Notes
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
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
Physical Description:24 pages
ISBN:9781475504095