Tags » Macroprudential Policy

Making Macroprudential Hay When the Sun Shines

Saleem Bahaj, Jonathan Bridges, Cian O’Neill & Frederic Malherbe.

It’s not just what you do; it’s when you do it – many decisions in life have “state contingent” costs and benefits. 1,895 more words

Financial Stability

Bank liquidity requirements: How to get more bang for your buck

Iñaki Aldasoro, Ester Faia, Gerardo Ferrara, Sam Langfield, Zijun Liu and Tomohiro Ota.

We make the case for a macroprudential approach to liquidity requirements in the cross-section of banks. 1,647 more words

Financial Stability

Tax and financial stability

In a new discussion paper titled “Objectives and Challenges of Macroprudential Policy” (University of Glasgow Economics Discussion Paper 2016-02, available here), Professor Charles Nolan and I discuss recent developments in the institutional frameworks of central banks. 123 more words