1. bookVolume 6 (2017): Issue 1 (January 2017)
Journal Details
First Published
11 Mar 2014
Publication timeframe
3 times per year
Open Access

A Brief Introduction to the World of Macroprudential Policy

Published Online: 08 Feb 2017
Volume & Issue: Volume 6 (2017) - Issue 1 (January 2017)
Page range: 87 - 109
Received: 24 Mar 2016
Accepted: 30 Jun 2016
Journal Details
First Published
11 Mar 2014
Publication timeframe
3 times per year

Notwithstanding the rapid growth in the popularity of and the increasing number of research papers on macroprudential policy, the general public still has a relatively unclear perception of this concept. The main purpose of this paper is to explain briefly the most important concepts related to macroprudential policy and describe its objectives. Emphasis is put on explaining the main stages of a macroprudential cycle, the relationship between macroprudential policy and other economic policies, and the costs and benefits of macroprudential regulations.


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