Kashyap, Anil K.
[VerfasserIn]
;
Tsomocos, Dimitrios P.
[Sonstige Person, Familie und Körperschaft];
Vardoulakis, Alexandros
[Sonstige Person, Familie und Körperschaft]
Erschienen in:Chicago Booth Research Paper ; No. 14-19
Umfang:
1 Online-Ressource (10 p)
Sprache:
Englisch
DOI:
10.2139/ssrn.2460937
Identifikator:
Entstehung:
Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 30, 2014 erstellt
Beschreibung:
The drafting of macroprudential regulation is largely being driven by the need by policy makers to meet timetables that have been agreed. The legislative drive is taking place without any clear theoretical framework to organise the objectives. In this article we propose two principles that any satisfactory framework ought to respect and then describe one specific model that embodies these principles. We explain the insights from this approach for regulatory design