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The pros and cons of sectoral macroprudential policy

Th. Lejeune, Jolan Mohimont and F. Roccazzella
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Th. Lejeune: National Bank of Belgium
F. Roccazzella: National Bank of Belgium

Economic Review, 2026, 1-26

Abstract: Does macroprudential policy require a trade-off between flexibility and simplicity? A case study of countercyclical capital buffers in the Belgian banking sector.

Date: 2026
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