As in many aspects macro-prudential policy is still a work in progress, improvements may arise from several fronts. The significant amount of research being undertaken to better identify systemic risks will most likely bear fruits. In the meantime, the limitations concerning risk measurements can be reduced by combining information from different models or indicators.
The great variety of risk measures provided by various models can capture different perspectives of existent risks, minimizing the relevance of each model’s shortcomings. Greater experience with the application of instruments will provide more information about their transmission mechanisms and possible unintended effects.