Macroprudential Policies in Southeastern Europe

Macroprudential Policies in Southeastern Europe
This paper presents a detailed account of the rich set of macroprudential measures taken in four Southeastern European countries-Bulgaria, Croatia, Romania, and Serbia-during their synchronized boom and bust cycles in 2003-12, and assesses their effectiveness. We find that only strong measures helped contain domestic credit growth, the share of... READ MORE...

Publication date: February 2016
ISBN 9781498342872
$18.00

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