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 dow...
| Autor principal: | |
|---|---|
| Otros Autores: | , , |
| Formato: | Revista |
| Lenguaje: | English |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
2013.
|
| Colección: | IMF Working Papers; Working Paper ;
No. 2013/167 |
| Acceso en línea: | Full text available on IMF |