Macroprudential policy: The neglected sectors

Malou Dirks, Casper De Vries, Fieke Van Der Lecq

Research output: Contribution to JournalArticleAcademicpeer-review


The objective of macroprudential regulation is to reduce the risk and economic costs of financial instability. To date, most attention has been paid to the banking sector. This chapter focuses on insurance and funded pensions to discuss the feedback mechanisms and trade-offs embedded in macroprudential policies. Given their importance for financial stability, the macroprudential policy framework needs to assess the effect of prudential rules for insurers and pensions on aggregate spending (GDP).

Original languageEnglish
Pages (from-to)73-85
Number of pages13
JournalGeneva Reports on the World Economy
Issue numberDecember 2014
Publication statusPublished - 1 Jan 2014
Externally publishedYes


Dive into the research topics of 'Macroprudential policy: The neglected sectors'. Together they form a unique fingerprint.

Cite this