- Erlend Nier, and Gregg Forte
- Published Date:
- April 2016
2013. How Do Global Liquidity Phases Manifest Themselves in Asia?Mandaluyong City: Asian Development Bank..
Basel Committee on Banking Supervision. 2010. Basel III: A Global Regulatory Framework for More Resilient Banks and Banking Systems. Basel: Bank for International Settlements.
2013. “Stumbling Toward the Next Crash,” The New York Times (December18)..
2011. “Systemic Risk in Global Banking: What Available Data Can Tell Us and What More Data Are Needed?” IMF Working Paper 11/222, International Monetary Fund, Washington..
2012. “The Need for Special Resolution Regimes for Financial Institutions—The Case of the European Union.” Harvard Business Law Review2 (2): 395–434..
2010. “The Term ‘Macroprudential’: Origins and Evolution.” BIS Quarterly Review (March): 59–67..
Financial Services Authority. 2009. The Turner Review: A Regulatory Response to the Global Banking Crisis. London.
Financial Stability Board. 2013a. “Progress and Next Steps Towards Ending ‘Too-Big-To-Fail.’” Basel.
Financial Stability Board. 2013b. “Strengthening Oversight and Regulation of Shadow Banking.” Basel.
2008. The Boundary Problem in Financial Regulation. National Institute Economic Review, 206 (October): 48–55..
2012. A Macroprudential Approach to Financial Regulation. Journal of Economic Perspectives25 (1): 3–28..
International Monetary Fund (IMF). 2013a. Key Aspects of Macroprudential Policy. Washington.
International Monetary Fund (IMF). 2013b. “Key Aspects of Macroprudential Policy—Background Paper.” Washington.
International Monetary Fund (IMF). 2013c. “The Interaction of Monetary and Macroprudential Policy—Background Paper.” Washington.
International Monetary Fund (IMF). 2013d. “Special Topic: Assessing Macroprudential Policies in a Financial Stability Framework.” In Annual Report on Exchange Arrangements and Exchange Restrictions 2013. Washington.
International Monetary Fund (IMF). 2014a. “How Big is the Implicit Subsidy for Banks Considered Too Important to Fail?” In Global Financial Stability Report, Chapter 3 (April): 101–32.
International Monetary Fund (IMF). 2014b. “Staff Guidance Note on Macroprudential Policy.” Washington.
International Monetary Fund (IMF). 2014c. “Staff Guidance Note on Macroprudential Policy—Detailed Guidance on Instruments.” Washington
International Monetary Fund (IMF). Financial Stability Board, and Bank for International Settlements. 2009. “Guidance to Assess the Systemic Importance of Financial Institutions, Markets and Instruments: Initial Considerations.” Washington.
2013. “Macroprudential Policy, Countercyclical Bank Capital Buffers and Credit Supply: Evidence from the Spanish Dynamic Provisioning Experiments.” European Banking Center Discussion Paper 2012–011, Tilburg, Netherlands..
2011. “Macroprudential Policy: What Instruments and How to Use Them? Lessons from Country Experiences.” IMF Working Paper 11/238, International Monetary Fund, Washington..
2013. “The Macroprudential Framework: Policy Responsiveness and Institutional Arrangements.” IMF Working Paper 13/166, International Monetary Fund, Washington..
2010. “What Caused the Global Financial Crisis?—Evidence on the Drivers of Financial Imbalances 1999–2007.” IMF Working Paper 10/265, International Monetary Fund, Washington..
2011. “Macroprudential Policy—Taxonomy and Challenges.” National Institute Economic Review216 (April): R1–R15..
2008. “Bank Losses, Monetary Policy and Financial Stability—Evidence on the Interplay from Panel Data.” IMF Working Paper 08/232, International Monetary Fund, Washington..
2011. Institutional Models for Macroprudential Policy. IMF Staff Discussion Note 11/18, International Monetary Fund, Washington..
2013. “Macroprudential and Microprudential Policies: Toward Cohabitation.” IMF Staff Discussion Note 13/05, International Monetary Fund, Washington..
2005. Has Financial Development Made the World Riskier? In The Greenspan Era: Lessons for the Future, symposium sponsored by the Federal Reserve Bank of Kansas City, Jackson Hole, Wyoming, August25–27. Kansas City: Federal Reserve Bank of Kansas City, 313–69.
2014. “Collective Action Problems in Macroprudential Policy and the Need for International Coordination.” Banque de France, Financial Stability Review18 (April): 39–46..
About the Authors
Erlend Nier is a Deputy Division Chief with the IMF’s Monetary and Capital Markets Department. In his position with the IMF, Erlend covers monetary policy and financial stability, including the implications of the financial crisis for public policy. He was formerly a manager of research at the Bank of England.
Gregg Forte is a freelance editor specializing in economic and financial policy. He was formerly an editor at the Brookings Institution and the Board of Governors of the Federal Reserve System.
INTERNATIONAL MONETARY FUND
© 2016. All rights reserved.
Video icon created by Mike Arndt from the Noun Project.
Send suggestions and comments regarding this series to PublicationsNews@imf.org.
The Economic Issues series explores and synthesizes recent IMF research and policy analysis for nontechnical readers. Some publications in this series summarize material from several sources, including official IMF documents. Others assemble published and unpublished materials on similar or related topics. In general, the content in Economic Issues is current as of the original publication date of the constituent materials.
This publication is based on a June 2013 paper by an IMF staff team that was presented to the IMF Executive Board in September 2013: Key Aspects of Macroprudential Policy. http://www.imf.org/external/np/pp/eng/2013/061013b.pdf
International Monetary Fund, Publication Services
P.O. Box 92780, Washington, DC 20090, U.S.A.
Tel.: (202) 623-7430 Fax: (202) 623-7201