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A Practical Case for Rules-based Macroprudential Policy

In: Achieving Financial Stability Challenges to Prudential Regulation

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  • Adam S. Posen

Abstract

I am grateful to be here at the Federal Reserve Bank of Chicago’s Nineteenth Annual International Banking Conference. This is a conference I actually pay attention to every year. Through the years, I’ve learned a lot reading the papers, and it is fascinating to see the international perspective, which is rare, even in today’s world…

Suggested Citation

  • Adam S. Posen, 2017. "A Practical Case for Rules-based Macroprudential Policy," World Scientific Book Chapters, in: Douglas D Evanoff & George G Kaufman & Agnese Leonello & Simone Manganelli (ed.), Achieving Financial Stability Challenges to Prudential Regulation, chapter 3, pages 25-36, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789813223400_0003
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    More about this item

    Keywords

    Money and Banking; International Banking; Financial Instititions; Banks; Regulations; Compliance; Financial Crisis; Great Financial Crisis 2008; Microprudential; Macroprudential; Financial Stability;
    All these keywords.

    JEL classification:

    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General

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