Please use this identifier to cite or link to this item:
Title: Macro-Prudential Regulation and Effective Monetary Policy
Authors: Tule, Moses K.
Keywords: Macro-prudential Regulation
Monetary Policy
Institutional Framework
Micro-prudential Regulation
Systemic Risk
Macroeconomic Stability
Issue Date: Dec-2012
Publisher: Research Department, Central Bank of Nigeria
Citation: Tule, M.K. (2012). Macro-Prudential Regulation and Effective Monetary Policy. Economic and Financial Review, 50(4), 140-161.
Series/Report no.: Economic and Financial Review;Vol. 50, No.4
Abstract: This paper makes a bold attempt to examine some of the issues within the narrow context of monetary policy. Following the introduction, Section 2 examines some conceptual issues including the institutional framework for monetary and macro-prudential policy. Section 3 discusses the objectives and instruments of monetary and macro-prudential policy including indicators of systemic risk, while Section 4 examines at the interaction of macro-prudential with monetary policy and how this could be enhanced. In Section 5, the experiences of other countries with macro-prudential regulation are presented and lessons drawn for Nigeria. Section 6 concludes the paper and provides insights for an effective macro-prudential policy framework for Nigeria.
ISSN: 1957-2968
Appears in Collections:Economic and Financial Review

Files in This Item:
File Description SizeFormat 
Pages from CBN Economic & Financial Review Vol.50, No. 4-12 Moses K. Tule.pdf321.76 kBAdobe PDFThumbnail

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.

Admin Tools