The financial crisis and its aftermath has stimulated a vigorous debate on the use of macro-prudential instruments for both regulating the banking system and for providing additional tools for monetary policy makers. The widespread adoption of non-conventional monetary policies has provided some...

Monetary policy leaves a fiscal footprint. In some circumstances, relieving the fiscal burden becomes the main goal of policy, and inflation control is subordinate. This article notes that the same is true of macroprudential policy, and it characterizes the size and sign of its fiscal footprint,...

Networks and state performance -- Pt. 1. Contours of Japan's financial policy networks. Finance ministry ties with the political arena -- Finance ministry ties with private and quasi-governmental financial institutions -- Finance ministry ties with other government agencies and the central bank...

Der Ausbruch der Finanzkrise hat die Finanzmarktregulierung stärker ins öffentliche Interesse gerückt. Dabei ergaben sich in diesem Politikfeld schon zu Beginn der Großen Koalition kontroverse politische Debatten. Dieses Buch bietet einen praxisnahen Blick hinter die Kulissen der deutschen...