Economics and Business Review

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Volume 4 (18) Number 4 pp. 30-45

Anna Matysek-Jędrych

Poznań University of Economics and Business, Faculty of International Business and Economics, Department of International Competitiveness

On a growing central banks accountability for financial stability – macroprudential perspective

Abstract:

The aim of this paper is to identify and assess, on a comparative, intra-country
basis, the existing practices and developments in central bank accountability for
financial stability, from a new–macroprudential policy–perspective. The paper aims to
contribute to the ongoing debate on institutional arrangements for macroprudential
policy. The debate as to whether the combination of monetary policy and financial supervision
within one institution is not new. Nevertheless it is far from being resolved.
The paper points to the need to establish clear, formal and robust mechanisms of central
bank involvement in the process of executing macroprudential policy, at least as
a data collection and analyzing institution.

pub/2018_4_30.pdf Full text available in in Adobe Acrobat format:
http://www.ebr.edu.pl/volume18/issue4/2018_4_30.pdf
Keywords: accountability, central bank, financial stability, macroprudential policy, regulations.

DOI: 10.18559/ebr.2018.4.2

For citation:

MLA Matysek-Jędrych, Anna. "On a growing central banks accountability for financial stability – macroprudential perspective." Economics and Business Review EBR 18.4 (2018): 30-45. DOI: 10.18559/ebr.2018.4.2
APA Matysek-Jędrych, A. (2018). On a growing central banks accountability for financial stability – macroprudential perspective. Economics and Business Review EBR 18(4), 30-45 DOI: 10.18559/ebr.2018.4.2
ISO 690 MATYSEK-JęDRYCH, Anna. On a growing central banks accountability for financial stability – macroprudential perspective. Economics and Business Review EBR, 2018, 18.4: 30-45. DOI: 10.18559/ebr.2018.4.2