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dc.contributor.authorTarullo, Daniel
dc.date2021-11-25T13:35:20.000
dc.date.accessioned2021-11-26T11:58:31Z
dc.date.available2021-11-26T11:58:31Z
dc.date.issued2014-01-01T00:00:00-08:00
dc.identifieryjreg/vol31/iss3/2
dc.identifier.contextkey8715044
dc.identifier.urihttp://hdl.handle.net/20.500.13051/8204
dc.description.abstractReal world crises have a way of shaking up the intellectual foundations of policy disciplines. Elements of received wisdom are undermined, while certain heterodox or less mainstream views are seen as more valid or important than had been widely recognized. The financial crisis of 2007-2009 was no exception. Some ideas, such as the efficient markets hypothesis, have taken some hits, as others have risen to prominence. An example of the latter is the view that financial stability must be an explicit economic policy goal. A corollary of this view is that a "macroprudential" perspective-generally characterized as focused on the financial system as a whole as opposed to the well-being of individual firms-should be added to traditional prudential regulation.
dc.titleMacroprudential Regulation
dc.source.journaltitleYale Journal on Regulation
refterms.dateFOA2021-11-26T11:58:31Z
dc.identifier.legacycoverpagehttps://digitalcommons.law.yale.edu/yjreg/vol31/iss3/2
dc.identifier.legacyfulltexthttps://digitalcommons.law.yale.edu/cgi/viewcontent.cgi?article=1394&context=yjreg&unstamped=1


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