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...
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| 其他作者: | , , |
| 格式: | 杂志 |
| 语言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
2013.
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| 丛编: | IMF Working Papers; Working Paper ;
No. 2013/167 |
| 在线阅读: | Full text available on IMF |