Macroprudential policy : effectiveness and implementation challenges / foreword Erdem Basci.

Foreword, iii -- Macroprudential policies and integrated inflation targeting, v -- Analysing the effectiveness of macroprudential tools, vii -- Abstract, ix -- Macroprudential regulation: history, theory and policy / Turalay Kenc, 1 -- Session 1. "Macroprudential policy and its interactions with other policies" -- Credit cycles and macroprudential policy framework in emerging countries / Salih Fendoqlu and Mustafa Kilinc, 17 -- Monetary and macroprudential policies-exploring interactions / Erlend Nier and Heedon Kang, 27 -- Session 2. "Spillover effects of macroprudential policy tools" -- Macroprudential policies and the Lucas critique / Bálint Horváth and Wolf Wagner, 39 -- Cross-border spillovers from macroprudential policy in the euro area / Luca Nocciola and Dawid Zochowski, 45 -- Banking de globalisation: a consequence of monetary and regulatory policies? / Kristin Forbes, Dennis Reinhardt and Tomasz Wieladek, 49 -- Session 3. "External shocks and macroprudential policy" -- External shocks, the exchange rate and macroprudential policy / Philip Turner, 57 -- Capital Flows, credit cycles and macroprudential policy / Yusuf Soner Baskaya, Julian di Giovanni, Sebnem Kalemli-Ozcan, Jose-Luis Peydro and Mehmet Fatih Ulu, 63 -- Macroprudential policies in a commodity exporting economy / Andrés González, Franz Hamann and Diego Rodríguez, 69 -- Session 4. "Country experiences with macroprudential policies (1)" -- Managing systemic risks in the Croatian economy / Boris Vujcic and Mirna Durmicic, 75 -- Macroprudential policy regulation: some continuing challenges / Manuel Ramos-Francia and Santiago García-Verdú, 85 -- Session 5. "Effectiveness of macroprudential policy tools" -- The use and effectiveness of macroprudential policies / Eugenio Cerutti, Stijn Claessens and Luc Laeven, 95 -- Financial development and the effectiveness of macroprudential measures / Yusuf Soner Baskaya, Turalay Kenc, Ilhyock Shim and Philip Turner, 103 -- Session 6. "Country experiences with macroprudential policies (I1)" -- Macroprudential measures for addressing housing sector risks / Dong He, Erlend Nier and Heedon Kang, 117 -- Turkey's experience with macroprudential policy / Hakan Kara, 123 -- The macroprudential policy framework in New Zealand -- David Hargreaves, 141 -- Session 7. "Microprudential and macroprudential links and policy frameworks" -- A liquidity-based approach to macroprudential policy / Jean-Pierre Landau, 147.