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- Title
The Imprudence of Macroprudential Policy.
- Authors
SALTER, ALEXANDER WILLIAM
- Abstract
An essay is presented on the lack of caution in macroprudential policy literature. Topics highlighted by the author include the misguided central assumption in the macroprudential policy literature, market stability in institutions, and the significant role played by modern central banks behavior in financial system regulation.
- Subjects
FINANCIAL institutions; ECONOMIC equilibrium; CENTRAL banking industry; FINANCE; CREDIT control
- Publication
Independent Review, 2014, Vol 19, Issue 1, p5
- ISSN
1086-1653
- Publication type
Essay