Effectiveness and Channels of Macroprudential Instruments : Lessons from the Euro Area /

The crisis has highlighted the importance of setting up macro-prudential oversight frameworks, having effective macro-prudential instruments in place to be called upon to mitigate growing financial imbalances as needed. We develop a new approach using the euro area Bank Lending Survey to assess the...

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Detalhes bibliográficos
Autor principal: Tressel, Thierry
Outros Autores: Zhang, Yuanyan
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2016.
Colecção:IMF Working Papers; Working Paper ; No. 2016/004
Acesso em linha:Full text available on IMF