Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/217612
Authors: 
Dumičić, Mirna
Year of Publication: 
2017
Citation: 
[Journal:] Journal of Central Banking Theory and Practice [ISSN:] 2336-9205 [Volume:] 6 [Issue:] 1 [Publisher:] De Gruyter Open [Place:] Warsaw [Year:] 2017 [Pages:] 87-109
Publisher: 
De Gruyter Open, Warsaw
Abstract: 
Notwithstanding the rapid growth in the popularity of and the increasing number of research papers on macroprudential policy, the general public still has a relatively unclear perception of this concept. The main purpose of this paper is to explain briefly the most important concepts related to macroprudential policy and describe its objectives. Emphasis is put on explaining the main stages of a macroprudential cycle, the relationship between macroprudential policy and other economic policies, and the costs and benefits of macroprudential regulations.
Subjects: 
macroprudential policy
financial stability
systemic risks
JEL: 
E52
E58
E61
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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