Macroprudential Policy: What Does It Really Mean

With D. Markwardt and K. Savard, Banking & Financial Services Policy Report, 34(10) 1-11, Oct. 2015.
The paper is a shorter version of the report below. It aims to clarify the concept of macroprudential policy for a broader audience, cultivating a better understanding of these tools and their implications for broader monetary policy going forward.


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