The impacts of macroprudential policy
How do macroprudential policies interact with the core objectives of monetary policy, namely, output and price stability? As a response to the Global Crisis, central banks and regulators ...
Ilhyock Shim is Special Adviser on International Financial Stability Policy at the Monetary and Economic Department of the Bank for International Settlements (BIS). He has been at the BIS since 2004, working at the Financial Institutions and Infrastructure unit in Basel and the Economics and Financial Markets for Asia and the Pacific unit in Hong Kong SAR.