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Everybody right, everybody wrong: plural rationalities in macroprudential regulation

Danielsson, Jon and Tsanakas, Andreas (2016) Everybody right, everybody wrong: plural rationalities in macroprudential regulation. VoxEU.org (18 Mar 2016). Opinion Piece.

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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: Website (Opinion Piece)
Official URL: http://voxeu.org/
Additional Information: © 2016 The Authors
Subjects: H Social Sciences > HB Economic Theory
Sets: Departments > Finance
Research centres and groups > Systemic Risk Centre
Research centres and groups > Financial Markets Group (FMG)
Date Deposited: 21 Apr 2016 14:11
Last Modified: 22 Apr 2016 13:03
URI: http://eprints.lse.ac.uk/id/eprint/66198

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