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Macroprudential policies and tools

Livia Maria Rotaru
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Livia Maria Rotaru: Bucharest University of Economic Studies, Romania

Theoretical and Applied Economics, 2014, vol. XXI, issue Special, 310-321

Abstract: The recent financial crisis has led to a remodeling of macroeconomic policy so that it could incorporate the fact that price stability was not the only necessary condition for obtaining financial stability. Macroprudential policies have become a frequently discussed topic in economic literature and their importance is considered more and more important in the context of the recent financial turmoil.

Keywords: macroprudential policies; macroprudential instruments; financial stability. (search for similar items in EconPapers)
Date: 2014
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