ONE does not need to look back far in history to see the economic damage an asset-price bubble can wreak. However, the question of how to prevent these bubbles remains contested. The Bank for ...

WASHINGTON These days it is never enough for regulators to worry about one colossal bank without worrying about the system as a whole. But seven years after the crisis, "macroprudential" regulatory ...

In remarks before a recent House Financial Services Committee hearing, Federal Reserve Board Chair Janet Yellen stressed the importance of using a "macroprudential" approach to regulation designed to ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This paper studies the transmission of macroprudential policies across both financial and non financial sectors of the ...

Wesley Widmaier receives funding from the Australian Research Council. Perhaps the most interesting type of reform to have emerged from the global financial crisis is the call for “macroprudential” ...

Fed seeks annual U.S. bank stress tests. In his recent address at the 47th Annual Conference on Bank Structure and Competition, Chicago, Chairman Bernanke spoke of initiatives on both sides of the ...

A decade has passed since the initial onset of the global financial crisis. Following a protracted period of sub-par growth, the global economy has strengthened as the effects of cyclical headwinds ...

Stanley Fischer, vice chairman of the Federal Reserve, has been tapped to head the Fed's new financial stability committee. In recent speeches both Mr. Fischer and Fed Chair Janet Yellen have argued ...

The COVID-19 pandemic is impacting emerging markets through an unprecedented combination of domestic and external shocks. Among the latter, the pandemic has led to a sharp increase in global risk ...

I wrote yesterday that Janet Yellen’s views on the Fed’s bank regulation role aren’t particularly well-known by the public. Someone who works in the Federal Reserve system pointed me to this 2010 ...

Events of the past decade have refocused attention on the potential contributions of monetary policy and macroprudential approaches to fostering financial stability. However, monetary policy is poorly ...