000			01601cam a2200229 i 4500
020			_a9781108419901 (hardback)
020			_a9781108412346 (pbk.)
082	0	0	_a339.53 _bMAC
245	0	0	_aMacroprudential policy and practice
260			_aCambridge _bCambridge University press _c2018
300			_avii, 315 p.
490	0		_aMacroeconomic policy making
500			_aIncludes index.
520			_aMacroprudential policy is perhaps the most important new development in central bank policymaking circles since the global financial crisis, and reliance on such policies has continued to spread. The crisis, which showed the limits of conventional monetary policy as a tool to deal with financial stability, forced a wide-ranging rethink of economic policies, their interactions and their repercussions. It has led to new forms of intervention, of regulation and of supervisory practice. Macroprudential regulation is now one of the most important topics in modern macroeconomics, because it concerns measures put in place to reduce the risks and costs of the instability caused by financial crises. Written by senior figures from the worlds of academia and banking, this volume combines theoretical approaches with hard evidence of the policy's achievements in many countries. It is the first in-depth analysis of macroprudential instruments for policymakers, banks and economists.
650		0	_aMonetary policy.
650		0	_aBanks and banking, Central.
650		0	_aEconomic policy.
700	1		_aMizen, Paul,
700	1		_aRubio, Margarita,
700	1		_aTurner, Philip,
942			_cBK
999			_c59826 _d59826