Everybody right, everybody wrong: plural rationalities in macroprudential regulation

Danielsson, Jon ORCID: 0009-0006-9844-7960 and Tsanakas, Andreas (2016) Everybody right, everybody wrong: plural rationalities in macroprudential regulation. VoxEU.

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Abstract

Macroprudential policy has become increasingly popular in the aftermath of the Global Crisis, but it remains controversial. This column argues that vigorous disagreement is both inevitable and healthy, reflecting differing fundamental views of how the financial system really works. By embracing the divergence of views instead of seeing it as problematic, macroprudential policymaking will be made easier and more effective.

Item Type:	Article
Official URL:	http://voxeu.org/
Additional Information:	© 2016 The Authors
Divisions:	Finance Systemic Risk Centre Financial Markets Group
Subjects:	H Social Sciences > HB Economic Theory
Date Deposited:	21 Apr 2016 14:11
Last Modified:	12 Dec 2024 01:10
URI:	http://eprints.lse.ac.uk/id/eprint/66198

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