Corpus ID: 157974105

The Role of Macroprudential Indicators in Monitoring Systemic Risk and Setting Policy

  title={The Role of Macroprudential Indicators in Monitoring Systemic Risk and Setting Policy},
  author={Ellen Ryan},
  journal={Quarterly Bulletin Articles},
  • Ellen Ryan
  • Published 2017
  • Economics
  • Quarterly Bulletin Articles
  • The financial crisis demonstrated the damaging effects that the build-up of systemic risk in the financial system can have. However, due to the complex and constantly evolving nature of the modern financial system, monitoring systemic risk is not a straightforward task. As part of its systemic risk monitoring framework, the Central Bank maintains over 80 macroprudential indicators which reflect the multifaceted nature of systemic risk. The effectiveness of these indicators can be further… CONTINUE READING


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