Herrera, Pablo Matías and Masci, Martín Ezequiel (2012): Posibles indicadores del sector turismo para la autoridad macroprudencial en la Argentina.
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Abstract
The term “macroprudential” is usually used in different ways. Sometimes it refers to macroprudential analysis, others to macro-prudential oversight and it also speaks of macroprudential regulation. In this paper, taking into account these concepts, an analysis of what is meant by macroprudential authority, how should it be implemented and should have powers to ensure the stability of the entire financial system is going to be done. Referring to the local economy, the Charter Reform of the Central Bank of Argentina has entered into force. In regard to financial regulation, within the reform, and unlike it was in force since 1992, it aims to not only to monitor, but to implement regulations on the local financial system to avoid the frequent abuses by various entities . To perform the analysis of the implementation of a macroprudential authority in Argentina, it is going to be considered the evolution of a particular sector of the real economy, namely tourism. Finally, a measure of this economic sector, that should to detect potential problems in the financial system, is proposed.
Item Type: | MPRA Paper |
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Original Title: | Posibles indicadores del sector turismo para la autoridad macroprudencial en la Argentina |
English Title: | Possible tourism indicators for the argentinian macroprudential authority |
Language: | Spanish |
Keywords: | Macroprudential Regulation; Macroprudential Authority; Charter Reform |
Subjects: | E - Macroeconomics and Monetary Economics > E0 - General > E02 - Institutions and the Macroeconomy C - Mathematical and Quantitative Methods > C8 - Data Collection and Data Estimation Methodology ; Computer Programs > C82 - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data ; Data Access E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E58 - Central Banks and Their Policies C - Mathematical and Quantitative Methods > C8 - Data Collection and Data Estimation Methodology ; Computer Programs > C81 - Methodology for Collecting, Estimating, and Organizing Microeconomic Data ; Data Access |
Item ID: | 41591 |
Depositing User: | Martín Ezequiel Masci |
Date Deposited: | 28 Sep 2012 23:02 |
Last Modified: | 04 Oct 2019 16:22 |
References: | Banco Central de la República Argentina (2010), La Superintendencia de Entidades Financieras y Cambiarias. Sus funciones y su gente. Banco Central de la República Argentina (2011). Comunicado A 5203: Lineamientos para la gestión de riesgos en las entidades financieras. Banco Central de la República Argentina (2012), Informe de Inflación: Segundo trimestre de 2012. Berner, Richard; Charles A. E. Goodhart (2010), The Macroprudential Toolkit. Goodhart, C. A. E. (2011). The Macro-Prudential Authority: Powers, Scope and Accountability. LSE. Green, D.(2011). The relationship between the objectives and tools of macroprudential and monetary policy. LSE. Hanson, S., A. Kashyap, and J. Stein, (2010), A Macroprudential Approach to Financial Regulation, forthcoming Journal of Economic Perspectives. Levine, R. (1997), Financial Development and Economic Growth: Views and Agenda. Journal of Economic Literature, Vol. 35, No. 2, (june 1997), pp.688-726. Shin, Hyun Song (2010), Macroprudential Policies Beyond Basel III. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/41591 |