Events of the past decade have refocused attention on the potential contributions of monetary policy and macroprudential approaches to fostering financial stability. However, monetary policy is poorly ...
At a conference organized in Tokyo by OAP and financed by JSA, senior officials including those from 16 Asian economies shared their views on improving macroprudential policy implementation. Since the ...
The new macro-prudential toolkit has its share of problems. It tends to be pro-cyclical, despite being aware that bank lending to booming sectors also concentrates risk, as the global financial crisis ...
Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on ...
Policy accommodation—and the expectation that it will persist—is distorting asset prices. Most of this distortion is deliberate and a desirable effect of the stance of policy. We have attempted to ...
The People's Bank of China, the central bank, recently issued a guideline on macro-prudential policies for trial implementation. The guideline defines some concepts related to macro-prudential ...
Wesley Widmaier receives funding from the Australian Research Council. Perhaps the most interesting type of reform to have emerged from the global financial crisis is the call for “macroprudential” ...
Good afternoon and thank you. I first want to say what a pleasure it is to be in Singapore for the first time, and how auspicious to be coming in the year of the 50 th National Day. I’m particularly ...