TARGET GROUP | Mid-level to senior officials from central banks, ministries of finance and regulatory agencies in charge of financial stability or financial regulation and supervision.
DESCRIPTION | The objective of this one-week course is to deepen the understanding of recent trends and issues related to the financial stability function of central banks. The course will discuss, among others, the objective and the role of macroprudential policy and its conduct in France and Europe, Basel III countercyclical capital buffer, FX lending, early warning indicators, macroprudential stress testing, real estate market analysis, and policies for credit-funded housing booms. The lectures will be complemented by hands-on workshops, both in plenary and smaller groups, where participants will use EViews and Excel to analyze various macroprudential policy issues. Participants are expected to deliver short presentations and engage in group discussions on key financial stability issues in their countries.