The Macroprudential Framework: Policy Responsiveness and Institutional Arrangements

WP/13/166

The Macroprudential Framework: Policy Responsiveness and Institutional Arrangements
This paper gauges if, and how, institutional arrangements are correlated with the use of macroprudential policy instruments. Using data from 39 countries, the paper evaluates policy response time in various types of institutional arrangements for macroprudential policy and finds that the macroprudential framework that gives the central bank an... READ MORE...

Publication date: July 2013
ISBN 9781484377819
$18.00

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Publication date: July 2013

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Publication date: July 2013

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