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...

Полное описание

Библиографические подробности
Главный автор: Arregui, Nicolas
Другие авторы: Benes, Jaromir, Krznar, Ivo, Mitra, Srobona
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2013.
Серии:IMF Working Papers; Working Paper ; No. 2013/167
Online-ссылка:Full text available on IMF