The institutional framework for macroprudential policy in Euro Area (EA) is complex, but in line with IMF guidance. While the European Systemic Risk Board (ESRB) is responsible for the macroprudential ...

The IMF’s new Systemic Vulnerabilities Index (SVI) offers a data-driven, early warning tool that outperforms traditional ...

Impact Factor: 0.2 First Published: September 2012 Volume 8, Number 1 (September 2019) Pages: 1-25 DOI: 10.21314/JFMI.2019.115 First published: 30 January 2020 Supervisory stress testing for central ...

This note covers considerations that can guide the staff’s policy advice on the use of a broad range of macroprudential tools. It discusses the transmission and likely effectiveness of these tools in ...