financial stability policy – recent trends, challenges and perspectives

The present article pursues through its content, an analysis of the specialty literature and of the stage of scientific knowledge in the field of financial stability, in fact a conceptual investigation of the financial stability and a comparative synthesis between the monetary policy and the macroprudential policy. The main objective o f the research is to refine the concept of financial stability to which we attach the revision of the specialty literature concerning the compatibility between the monetary policy and the macroprudential policy, also with respect to the compatibility of the two main goals of central banks. In order to achieve these goals, we applied to the scientific observation as a method, based on various techniques adapted to the contexts: direct, participant observation, reading of documents. As a method of data processing and analysis, we used both quantitative and qualitative analysis. We could contribute to consolidate and update the stage of knowledge in respect of the financial stability in the academic literature through the capture and the qualitative and quantitative research of certain concepts and developments that challenge the policies of central banks concerning the assurance of financial stability.