Evaluating the Net Benefits of Macroprudential Policy: A Cookbook

WP/13/167

Evaluating the Net Benefits of Macroprudential Policy: A Cookbook
The paper proposes a simple, new, analytical framework for assessing the cost and benefits of macroprudential policies. It proposes a measure of net benefits in terms of parameters that can be estimated: the probability of crisis, the loss in output given crisis, policy effectiveness in bringing down both the probability and damage during... READ MORE...

Publication date: July 2013
ISBN 9781484335727
$18.00

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Publication date: July 2013

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Publication date: July 2013

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