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- W2062045247 abstract "The article examines the macroprudential policy of central banks and the classification of its instruments, the choice, design, and calibration of which are involved in maintaining the stability of the financial system and its individual institutions. The effectiveness of using macroprudential instruments is assessed from the standpoint of mitigating the time and cross-sectional dimensions of systemic risk. Directions of further studies in the field of macroprudential policy that can limit the procyclicality of the financial system's development and mitigate fluctuations in credit and financial cycles are identified." @default.
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- W2062045247 date "2013-11-01" @default.
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- W2062045247 title "Macroprudential Policy Instruments of Central Banks" @default.
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- W2062045247 doi "https://doi.org/10.2753/pet1061-1991560704" @default.
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