Comparison of macro-and micro-prudential policies

Comparison of macro-and micro-prudential policies

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The main objective of this paper is a holistic representation of the idea of macro-supervision, pointing to the need for its implementation and demonstration based on research and historical data that macro-pru­dential policy can significantly prevent the materialization of systemic risk in the banking business. This means that it will be able to c...

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... additional comparison is made between the risks these policies manage and how their instruments are calibrated. The comparison is shown in Table 1. ...

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