Rules, Discretion, and Macro-Prudential Policy /

The paper examines the implementation of macro-prudential policy. Given the coordination, flow of information, analysis, and communication required, macro-prudential frameworks will have weaknesses that make it hard to implement policy. And dealing with the political economy is also likely to be cha...

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Hlavní autor: Agur, Itai
Další autoři: Sharma, Sunil
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2013.
Edice:IMF Working Papers; Working Paper ; No. 2013/065
On-line přístup:Full text available on IMF