The use of macro prudential instruments today gives rise to a major debate within the walls of central banks and other … analysis of instruments of macro prudential policy and attempts to empirically demonstrate that these instruments should be … authorities in charge of financial stability. Contrary to micro prudential instruments, whose effects remain limited, macro …

backward-looking price expectations and the funding of consumption off distorted and elevated prices. The macro-prudential …

. The survey concludes with a discussion of the policy relevance of interbank network models with a special focus on macro-prudential …

The European Central Bank (ECB) recently became engaged in macro-prudential policies and the micro …

what are the implications for systemic risk and macro-prudential policy? This paper examines these issues with a model of …

backward-looking price expectations and the funding of consumption off distorted and elevated prices. The macro-prudential …