2014•Economie teoretică şi aplicatăOpen access
Macroprudential policies and tools
Livia Maria Rotaru
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Abstract
The recent financial crisis has led to a remodeling of macroeconomic policy so that it could incorporate the fact that price stability was not the only necessary condition for obtaining financial stability. Macroprudential policies have become a frequently discussed topic in economic literature and their importance is considered more and more important in the context of the recent financial turmoil.