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- W2419199510 abstract "One of the consequences of the recent international economic crisis has been the demand for new economic policy tools, to add to the well-established monetary, exchange-rate, and fiscal policy mechanisms. In particular, more effective ways are needed to regulate the financial system and prevent the emergence of imbalances that affect the real economy. In that context, macroprudential policy has been singled out as another economic-type public policy which could help maintain financial stability. Nonetheless, the discussions and development of the literature on this topic are founded on pragmatic considerations that are not directly related to the orthodox or heterodox schools of economic thought. So the aim of this article is to provide an institutionalist reading of macroprudential policy, to understand it in terms of the theoretical content of institutional approaches." @default.
- W2419199510 created "2016-06-24" @default.
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- W2419199510 date "2016-08-08" @default.
- W2419199510 modified "2023-09-23" @default.
- W2419199510 title "Macroprudential policy: an institutionalist interpretation" @default.
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- W2419199510 doi "https://doi.org/10.18356/7252187a-en" @default.
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