The global dimensions of macroprudential policy

Autor: Antonio Sánchez Serrano, Richard Portes, Thorsten Beck, Willem Buiter, Kathryn Dominguez, Daniel Gros, Christian Gross, Sebnem Kalemli-Ozcan, Tuomas Peltonen
Jazyk: angličtina
Rok vydání: 2020
Předmět:
Zdroj: Antonio Sánchez Serrano
Popis: This report elucidates the risk channels for EU economies associated with international financial integration and provides an overview of the macroprudential policy options that are available to address these risks. It builds on the main insights from the rich academic literature developed recently to create a narrative of the role of global variables for the conduct of macroprudential policy at a national level. The report reviews the evidence on the cross-border spillovers of domestic macroprudential policies (MPPs). It also highlights key policy areas for making macroprudential policy as effective as possible.
Databáze: OpenAIRE