Borio, Claudio E. V. - In: CESifo economic studies : CESifo, a joint initiative of … 49 (2003) 2, pp. 181-215
Over the last decade or so, addressing financial instability has risen to the top of the policy agenda. This essay argues that in order to improve the safeguards against financial instability, it may be desirable to strengthen further the macroprudential orientation of current prudential...