The financial crisis was, at its core, a banking crisis, which affected the real economy through a rapid reduction in credit supply. This dissertation combines
As a consequence of the Global Financial Crisis (GFC), macroprudential policy emergedas the third pillar of macroeconomic policies (the other two pillars are mo
The financial crisis that began in 2007 brought much of the global economy to its knees and nearly triggered another Great Depression. The financial storm gradu
This book is a collection of papers presented in the conference held at the Federal Reserve Bank of Chicago in September 2010, that examines the role of macropr
