Download or read book Externalities and Macroprudential Policy written by Mr.Gianni De Nicolo and published by International Monetary Fund. This book was released on 2012-06-07 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: This note overviews macroprudential policy options that have been proposed to address the systemic risks experienced during the recent financial crisis. It contributes to the policy debate by providing a taxonomy of macroprudential policies in terms of the specific negative externalities in the financial system that these policies are meant to address, and discusses their interrelations and some key implementation issues.