Could you please repeat that? https://www.firespike.com/motormediccom-c05b.pdf redmed.de  It has to be said, though, that both macroprudential policy and the way it would be organised within the euro zone are in their infancy. When it was used by Spain during its housing bubble, it wasn但ﾂ�ﾂ冲 very effective. Some observers think the whole policy is overrated; others that it just wasn但ﾂ�ﾂ冲 pursued vigorously enough. The best guess is that macroprudential policy would help if it was actively implemented but that it would be wrong to expect it to do the whole job of stopping an economy from overheating. This is why euro zone countries should adopt another approach as well: 但ﾂ�ﾂ彡ounter-cyclical但ﾂ�ﾂ� fiscal policies.