In this seminar we offer central bankers with expertise in this field the opportunity to deepen their knowledge of the theoretical and practical aspects of recent challenges to macroprudential policy and to share experience with their peers. The topics covered in the event will fit within the...

Financial regulation is usually justified by pointing to market imperfections that regulation seeks to address. Yet all real-world markets are imperfect and the welfare costs arising from these imperfections create strong incentives for market participants to devise their own solutions....