Effectiveness and Channels of Macroprudential Instruments : Lessons from the Euro Area

Lessons from the Euro Area

Effectiveness and Channels of Macroprudential Instruments : Lessons from the Euro Area
The crisis has highlighted the importance of setting up macro-prudential oversight frameworks, having effective macro-prudential instruments in place to be called upon to mitigate growing financial imbalances as needed. We develop a new approach using the euro area Bank Lending Survey to assess the effectiveness of macro-prudential policies in... READ MORE...

Publication date: January 2016
ISBN 9781513547404
$18.00

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