Seacen Centre’s Genberg calls for research into effects of macro-prudential tools
Hans Genberg warns ‘we do not have much experience with the consequences’
Central banks should gear their research towards both the effects of macro-prudential policy and its interaction with monetary policy, according to Hans Genberg, an executive director at the South East Asian Central Banks (Seacen) Research and Training Centre.
Speaking on the sidelines of the Central Banking Renminbi Roundtable in Abu Dhabi on November 17, Genberg noted macro-prudential policies have not been used in that many countries outside east Asia.
"Therefore we do not know or have much
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