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Macroprudential Policy: Conceptual Positions

Author

Listed:
  • Radu CUHAL

  • Ludmila STARIŢÎNA
  • Nicolae BASISTÎI

Abstract

The article explains the conceptual principles of macroprudential policy, its main objectives and instruments. The classification of macroprudential policy tools of the Committee on the Global Financial System is defined. The comparative characteristics of macro-prudential policy in the Western developed countries are also examined

Suggested Citation

  • Radu CUHAL & Ludmila STARIŢÎNA & Nicolae BASISTÎI, 2013. "Macroprudential Policy: Conceptual Positions," Economy and Sociology, The Journal Economy and Sociology, issue 2, pages 47-59.
    • Handle: RePEc:aat:journl:y:2013:i:2:p:47-59
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    References listed on IDEAS

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    1. Céline Gauthier & Alfred Lehar & Moez Souissi, 2010. "Macroprudential Regulation and Systemic Capital Requirements," Staff Working Papers 10-4, Bank of Canada.
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    Keywords

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    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

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