Rules, Discretion, and Macro-Prudential Policy

WP/13/65

Nopic
The paper examines the implementation of macro-prudential policy. Given the coordination, flow of information, analysis, and communication required, macro-prudential frameworks will have weaknesses that make it hard to implement policy. And dealing with the political economy is also likely to be challenging. But limiting discretion through the... READ MORE...

Publication date: March 2013
ISBN 9781475546699
$18.00

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Publication date: March 2013

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Publication date: March 2013

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