How can the objective of macroprudential policy be operationalised, given the high uncertainty about the state of the financial system? - speech by Donald Kohn

Given at the Joint Deutsche Bundesbank – ECB Spring Conference 2019, Frankfurt
Published on 15 May 2019

Don Kohn discusses how macroprudential policy tools can be used during periods of uncertainty in the financial system. He goes on to identify a number of areas where further research is needed to better identify risks to financial stability, and what the necessary degree of resilience might be to mitigate these.

PDFHow can the objective of macroprudential policy be operationalised, given the high uncertainty about the state of the financial system?

Donald Kohn

External Member of the Financial Policy Committee from 2013 to 2021

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