Macroprudential Policy and Practice

List of contents

Introduction; 1. The macroeconomics of macroprudential policies Philip Turner; 2. A liquidity-based approach to macroprudential policy Jean-Pierre Landau; 3. Financial intermediation and monetary and macroprudential policies Stefano Neri; 4. The new art of central banking Jagjit S. Chadha; 5. The macroprudential countercyclical capital buffer in Basel III: implications for monetary policy José A. Carrasco-Gallego and Margarita Rubio; 6. On the use of monetary and macroprudential policies for small open economies F. Gulcin Ozkan and D. Filiz Unsal; 7. Capital flows and macroprudential policy: a framework for emerging Asia Matteo F. Ghilardi and Shanaka J. Peiris; 8. Macroprudential policy in a globalised world Dennis Reinhardt and Rhiannon Sowerbutts; 9. Systemic risk of European banks: regulators and markets Maarten R. C. van Oordt and Chen Zhou; 10. Macroprudential tools of systemic risk analysis Marcin ¿upi¿ski; 11. When is macroprudential policy effective? Chris McDonald; 12. Macroprudential policy: practice ahead of theory and a clear remit Richard Barwell; Index.

Summary

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.

Product details

• Authors: Paul (University of Nottingham) Rubio Mizen
• Assisted by: Paul Mizen (Editor), Mizen Paul (Editor), Margarita Rubio (Editor), Philip Turner (Editor)
• Publisher: Cambridge University Press ELT
• Languages: English
• Product format: Paperback / Softback
• Released: 31.05.2020
• EAN: 9781108412346
• ISBN: 978-1-108-41234-6
• No. of pages: 323
• Series: Macroeconomic Policy Making
• Subjects: Social sciences, law, business > Business > Miscellaneous; BUSINESS & ECONOMICS / Economics / Macroeconomics, Banking, macroeconomics, Monetary Economics