![Central Banking](https://www.centralbanking.com/sites/default/files/styles/print_logo/public/2017-03/print-logo.png?itok=_maJqRIT)
Macro-pru tools can cut risk of credit bust – IMF paper
Authors explore whether building buffers can increase resilience over the medium term
![International Monetary Fund Headquarters 2, Washington, DC International Monetary Fund Headquarters 2, Washington, DC](/sites/default/files/styles/landscape_750_463/public/2019-07/IMF%20Headquarters%202%20Washington%20DC%20035.jpg.webp?h=8a4ff796&itok=T0VT1dMJ)
Deploying macro-prudential tools and capital controls can cut the risk of credit booms turning to bust, new research published by the International Monetary Fund finds.
Authors Maria Arakelyan, Adam Gersl and Martin Schindler say most studies of macro-prudential policy focus on the short term, one or two years. Instead, they extend the horizon to three years, asking whether macro-prudential tools are able to build resilience as well as taming the financial cycle.
In the working paper, they
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com