id	sid	tid	token	lemma	pos
fueconorg-1774	1	1	plane	plane	NOUN
fueconorg-1774	1	2	thermoelastic	thermoelastic	ADJ
fueconorg-1774	1	3	waves	wave	NOUN
fueconorg-1774	1	4	in	in	ADP
fueconorg-1774	1	5	infinite	infinite	ADJ
fueconorg-1774	1	6	half	half	ADJ
fueconorg-1774	1	7	-	-	PUNCT
fueconorg-1774	1	8	space	space	NOUN
fueconorg-1774	1	9	caused	cause	VERB
fueconorg-1774	1	10	facta	facta	PROPN
fueconorg-1774	1	11	universitatis	universitatis	PROPN
fueconorg-1774	1	12	series	series	NOUN
fueconorg-1774	1	13	:	:	PUNCT
fueconorg-1774	1	14	economics	economic	NOUN
fueconorg-1774	1	15	and	and	CCONJ
fueconorg-1774	1	16	organization	organization	NOUN
fueconorg-1774	1	17	vol	vol	NOUN
fueconorg-1774	1	18	.	.	PROPN
fueconorg-1774	2	1	13	13	NUM
fueconorg-1774	2	2	,	,	PUNCT
fueconorg-1774	2	3	no	no	DET
fueconorg-1774	2	4	2	2	NUM
fueconorg-1774	2	5	,	,	PUNCT
fueconorg-1774	2	6	2016	2016	NUM
fueconorg-1774	2	7	,	,	PUNCT
fueconorg-1774	2	8	pp	pp	ADV
fueconorg-1774	2	9	.	.	PUNCT
fueconorg-1774	3	1	131	131	NUM
fueconorg-1774	3	2	143	143	NUM
fueconorg-1774	3	3	the	the	DET
fueconorg-1774	3	4	role	role	NOUN
fueconorg-1774	3	5	of	of	ADP
fueconorg-1774	3	6	monetary	monetary	ADJ
fueconorg-1774	3	7	and	and	CCONJ
fueconorg-1774	3	8	macroprudential	macroprudential	ADJ
fueconorg-1774	3	9	policies	policy	NOUN
fueconorg-1774	3	10	in	in	ADP
fueconorg-1774	3	11	pursuit	pursuit	NOUN
fueconorg-1774	3	12	of	of	ADP
fueconorg-1774	3	13	financial	financial	ADJ
fueconorg-1774	3	14	stability	stability	NOUN
fueconorg-1774	3	15	1	1	NUM
fueconorg-1774	3	16	udc	udc	NOUN
fueconorg-1774	3	17	338.23:336.74	338.23:336.74	NUM
fueconorg-1774	3	18	mirjana	mirjana	PROPN
fueconorg-1774	3	19	jemović	jemović	PROPN
fueconorg-1774	3	20	,	,	PUNCT
fueconorg-1774	3	21	srđan	srđan	PROPN
fueconorg-1774	3	22	marinković	marinković	ADJ
fueconorg-1774	3	23	faculty	faculty	NOUN
fueconorg-1774	3	24	of	of	ADP
fueconorg-1774	3	25	economics	economic	NOUN
fueconorg-1774	3	26	,	,	PUNCT
fueconorg-1774	3	27	university	university	NOUN
fueconorg-1774	3	28	of	of	ADP
fueconorg-1774	3	29	niš	niš	PROPN
fueconorg-1774	3	30	,	,	PUNCT
fueconorg-1774	3	31	serbia	serbia	PROPN
fueconorg-1774	3	32	abstract	abstract	ADJ
fueconorg-1774	3	33	.	.	PUNCT
fueconorg-1774	4	1	during	during	ADP
fueconorg-1774	4	2	the	the	DET
fueconorg-1774	4	3	recent	recent	ADJ
fueconorg-1774	4	4	financial	financial	ADJ
fueconorg-1774	4	5	crisis	crisis	NOUN
fueconorg-1774	4	6	,	,	PUNCT
fueconorg-1774	4	7	there	there	PRON
fueconorg-1774	4	8	have	have	AUX
fueconorg-1774	4	9	been	be	AUX
fueconorg-1774	4	10	significant	significant	ADJ
fueconorg-1774	4	11	real	real	ADJ
fueconorg-1774	4	12	and	and	CCONJ
fueconorg-1774	4	13	fiscal	fiscal	ADJ
fueconorg-1774	4	14	implications	implication	NOUN
fueconorg-1774	4	15	that	that	PRON
fueconorg-1774	4	16	have	have	AUX
fueconorg-1774	4	17	renewed	renew	VERB
fueconorg-1774	4	18	concerns	concern	NOUN
fueconorg-1774	4	19	of	of	ADP
fueconorg-1774	4	20	the	the	DET
fueconorg-1774	4	21	regulatory	regulatory	ADJ
fueconorg-1774	4	22	agencies	agency	NOUN
fueconorg-1774	4	23	for	for	ADP
fueconorg-1774	4	24	financial	financial	ADJ
fueconorg-1774	4	25	stability	stability	NOUN
fueconorg-1774	4	26	.	.	PUNCT
fueconorg-1774	5	1	the	the	DET
fueconorg-1774	5	2	stability	stability	NOUN
fueconorg-1774	5	3	of	of	ADP
fueconorg-1774	5	4	the	the	DET
fueconorg-1774	5	5	financial	financial	ADJ
fueconorg-1774	5	6	system	system	NOUN
fueconorg-1774	5	7	implies	imply	VERB
fueconorg-1774	5	8	its	its	PRON
fueconorg-1774	5	9	resistance	resistance	NOUN
fueconorg-1774	5	10	,	,	PUNCT
fueconorg-1774	5	11	which	which	PRON
fueconorg-1774	5	12	must	must	AUX
fueconorg-1774	5	13	be	be	AUX
fueconorg-1774	5	14	set	set	VERB
fueconorg-1774	5	15	up	up	ADP
fueconorg-1774	5	16	in	in	ADP
fueconorg-1774	5	17	advance	advance	NOUN
fueconorg-1774	5	18	and	and	CCONJ
fueconorg-1774	5	19	installed	instal	VERB
fueconorg-1774	5	20	along	along	ADP
fueconorg-1774	5	21	the	the	DET
fueconorg-1774	5	22	entire	entire	ADJ
fueconorg-1774	5	23	lifetime	lifetime	NOUN
fueconorg-1774	5	24	of	of	ADP
fueconorg-1774	5	25	financial	financial	ADJ
fueconorg-1774	5	26	institutions	institution	NOUN
fueconorg-1774	5	27	.	.	PUNCT
fueconorg-1774	6	1	the	the	DET
fueconorg-1774	6	2	authors	author	NOUN
fueconorg-1774	6	3	of	of	ADP
fueconorg-1774	6	4	this	this	DET
fueconorg-1774	6	5	study	study	NOUN
fueconorg-1774	6	6	have	have	AUX
fueconorg-1774	6	7	firstly	firstly	ADV
fueconorg-1774	6	8	presented	present	VERB
fueconorg-1774	6	9	the	the	DET
fueconorg-1774	6	10	concept	concept	NOUN
fueconorg-1774	6	11	and	and	CCONJ
fueconorg-1774	6	12	conceptual	conceptual	ADJ
fueconorg-1774	6	13	questions	question	NOUN
fueconorg-1774	6	14	of	of	ADP
fueconorg-1774	6	15	financial	financial	ADJ
fueconorg-1774	6	16	stability	stability	NOUN
fueconorg-1774	6	17	,	,	PUNCT
fueconorg-1774	6	18	and	and	CCONJ
fueconorg-1774	6	19	secondly	secondly	ADV
fueconorg-1774	6	20	,	,	PUNCT
fueconorg-1774	6	21	they	they	PRON
fueconorg-1774	6	22	have	have	AUX
fueconorg-1774	6	23	perceived	perceive	VERB
fueconorg-1774	6	24	the	the	DET
fueconorg-1774	6	25	role	role	NOUN
fueconorg-1774	6	26	of	of	ADP
fueconorg-1774	6	27	relevant	relevant	ADJ
fueconorg-1774	6	28	policies	policy	NOUN
fueconorg-1774	6	29	in	in	ADP
fueconorg-1774	6	30	preserving	preserve	VERB
fueconorg-1774	6	31	financial	financial	ADJ
fueconorg-1774	6	32	stability	stability	NOUN
fueconorg-1774	6	33	.	.	PUNCT
fueconorg-1774	7	1	special	special	ADJ
fueconorg-1774	7	2	emphasis	emphasis	NOUN
fueconorg-1774	7	3	is	be	AUX
fueconorg-1774	7	4	given	give	VERB
fueconorg-1774	7	5	to	to	ADP
fueconorg-1774	7	6	the	the	DET
fueconorg-1774	7	7	role	role	NOUN
fueconorg-1774	7	8	of	of	ADP
fueconorg-1774	7	9	monetary	monetary	ADJ
fueconorg-1774	7	10	and	and	CCONJ
fueconorg-1774	7	11	macroprudential	macroprudential	ADJ
fueconorg-1774	7	12	policies	policy	NOUN
fueconorg-1774	7	13	and	and	CCONJ
fueconorg-1774	7	14	their	their	PRON
fueconorg-1774	7	15	conditionality	conditionality	NOUN
fueconorg-1774	7	16	in	in	ADP
fueconorg-1774	7	17	the	the	DET
fueconorg-1774	7	18	realization	realization	NOUN
fueconorg-1774	7	19	of	of	ADP
fueconorg-1774	7	20	the	the	DET
fueconorg-1774	7	21	same	same	ADJ
fueconorg-1774	7	22	objective	objective	NOUN
fueconorg-1774	7	23	.	.	PUNCT
fueconorg-1774	8	1	since	since	SCONJ
fueconorg-1774	8	2	the	the	DET
fueconorg-1774	8	3	policy	policy	NOUN
fueconorg-1774	8	4	of	of	ADP
fueconorg-1774	8	5	preserving	preserve	VERB
fueconorg-1774	8	6	financial	financial	ADJ
fueconorg-1774	8	7	stability	stability	NOUN
fueconorg-1774	8	8	is	be	AUX
fueconorg-1774	8	9	a	a	DET
fueconorg-1774	8	10	particularly	particularly	ADV
fueconorg-1774	8	11	sensitive	sensitive	ADJ
fueconorg-1774	8	12	area	area	NOUN
fueconorg-1774	8	13	within	within	ADP
fueconorg-1774	8	14	the	the	DET
fueconorg-1774	8	15	european	european	PROPN
fueconorg-1774	8	16	union	union	PROPN
fueconorg-1774	8	17	(	(	PUNCT
fueconorg-1774	8	18	eu	eu	PROPN
fueconorg-1774	8	19	)	)	PUNCT
fueconorg-1774	8	20	,	,	PUNCT
fueconorg-1774	8	21	this	this	DET
fueconorg-1774	8	22	paper	paper	NOUN
fueconorg-1774	8	23	has	have	AUX
fueconorg-1774	8	24	summed	sum	VERB
fueconorg-1774	8	25	up	up	ADP
fueconorg-1774	8	26	the	the	DET
fueconorg-1774	8	27	current	current	ADJ
fueconorg-1774	8	28	framework	framework	NOUN
fueconorg-1774	8	29	for	for	ADP
fueconorg-1774	8	30	financial	financial	ADJ
fueconorg-1774	8	31	stability	stability	NOUN
fueconorg-1774	8	32	,	,	PUNCT
fueconorg-1774	8	33	as	as	ADV
fueconorg-1774	8	34	well	well	ADV
fueconorg-1774	8	35	as	as	ADP
fueconorg-1774	8	36	the	the	DET
fueconorg-1774	8	37	efforts	effort	NOUN
fueconorg-1774	8	38	towards	towards	ADP
fueconorg-1774	8	39	the	the	DET
fueconorg-1774	8	40	creation	creation	NOUN
fueconorg-1774	8	41	of	of	ADP
fueconorg-1774	8	42	the	the	DET
fueconorg-1774	8	43	banking	banking	NOUN
fueconorg-1774	8	44	union	union	NOUN
fueconorg-1774	8	45	.	.	PUNCT
fueconorg-1774	9	1	key	key	ADJ
fueconorg-1774	9	2	words	word	NOUN
fueconorg-1774	9	3	:	:	PUNCT
fueconorg-1774	9	4	crisis	crisis	NOUN
fueconorg-1774	9	5	,	,	PUNCT
fueconorg-1774	9	6	financial	financial	ADJ
fueconorg-1774	9	7	stability	stability	NOUN
fueconorg-1774	9	8	,	,	PUNCT
fueconorg-1774	9	9	macroprudential	macroprudential	ADJ
fueconorg-1774	9	10	policy	policy	NOUN
fueconorg-1774	9	11	,	,	PUNCT
fueconorg-1774	9	12	monetary	monetary	ADJ
fueconorg-1774	9	13	policy	policy	NOUN
fueconorg-1774	9	14	,	,	PUNCT
fueconorg-1774	9	15	banking	banking	NOUN
fueconorg-1774	9	16	union	union	NOUN
fueconorg-1774	9	17	introduction	introduction	NOUN
fueconorg-1774	9	18	due	due	ADP
fueconorg-1774	9	19	to	to	ADP
fueconorg-1774	9	20	the	the	DET
fueconorg-1774	9	21	frequent	frequent	ADJ
fueconorg-1774	9	22	banking	banking	NOUN
fueconorg-1774	9	23	crisis	crisis	NOUN
fueconorg-1774	9	24	in	in	ADP
fueconorg-1774	9	25	the	the	DET
fueconorg-1774	9	26	last	last	ADJ
fueconorg-1774	9	27	decades	decade	NOUN
fueconorg-1774	9	28	of	of	ADP
fueconorg-1774	9	29	the	the	DET
fueconorg-1774	9	30	past	past	ADJ
fueconorg-1774	9	31	century	century	NOUN
fueconorg-1774	9	32	,	,	PUNCT
fueconorg-1774	9	33	the	the	DET
fueconorg-1774	9	34	issue	issue	NOUN
fueconorg-1774	9	35	of	of	ADP
fueconorg-1774	9	36	financial	financial	ADJ
fueconorg-1774	9	37	stability	stability	NOUN
fueconorg-1774	9	38	has	have	AUX
fueconorg-1774	9	39	become	become	VERB
fueconorg-1774	9	40	more	more	ADJ
fueconorg-1774	9	41	than	than	ADP
fueconorg-1774	9	42	a	a	DET
fueconorg-1774	9	43	popular	popular	ADJ
fueconorg-1774	9	44	topic	topic	NOUN
fueconorg-1774	9	45	.	.	PUNCT
fueconorg-1774	10	1	bearing	bear	VERB
fueconorg-1774	10	2	in	in	ADP
fueconorg-1774	10	3	mind	mind	NOUN
fueconorg-1774	10	4	that	that	SCONJ
fueconorg-1774	10	5	the	the	DET
fueconorg-1774	10	6	stability	stability	NOUN
fueconorg-1774	10	7	of	of	ADP
fueconorg-1774	10	8	the	the	DET
fueconorg-1774	10	9	financial	financial	ADJ
fueconorg-1774	10	10	system	system	NOUN
fueconorg-1774	10	11	is	be	AUX
fueconorg-1774	10	12	seen	see	VERB
fueconorg-1774	10	13	as	as	ADP
fueconorg-1774	10	14	a	a	DET
fueconorg-1774	10	15	precondition	precondition	NOUN
fueconorg-1774	10	16	for	for	ADP
fueconorg-1774	10	17	the	the	DET
fueconorg-1774	10	18	stability	stability	NOUN
fueconorg-1774	10	19	of	of	ADP
fueconorg-1774	10	20	the	the	DET
fueconorg-1774	10	21	economic	economic	ADJ
fueconorg-1774	10	22	system	system	NOUN
fueconorg-1774	10	23	,	,	PUNCT
fueconorg-1774	10	24	achieving	achieve	VERB
fueconorg-1774	10	25	and	and	CCONJ
fueconorg-1774	10	26	maintaining	maintain	VERB
fueconorg-1774	10	27	the	the	DET
fueconorg-1774	10	28	stability	stability	NOUN
fueconorg-1774	10	29	of	of	ADP
fueconorg-1774	10	30	the	the	DET
fueconorg-1774	10	31	financial	financial	ADJ
fueconorg-1774	10	32	system	system	NOUN
fueconorg-1774	10	33	is	be	AUX
fueconorg-1774	10	34	set	set	VERB
fueconorg-1774	10	35	as	as	ADP
fueconorg-1774	10	36	an	an	DET
fueconorg-1774	10	37	explicit	explicit	ADJ
fueconorg-1774	10	38	goal	goal	NOUN
fueconorg-1774	10	39	of	of	ADP
fueconorg-1774	10	40	a	a	DET
fueconorg-1774	10	41	growing	grow	VERB
fueconorg-1774	10	42	number	number	NOUN
fueconorg-1774	10	43	of	of	ADP
fueconorg-1774	10	44	central	central	ADJ
fueconorg-1774	10	45	banks	bank	NOUN
fueconorg-1774	10	46	(	(	PUNCT
fueconorg-1774	10	47	cb	cb	PROPN
fueconorg-1774	10	48	)	)	PUNCT
fueconorg-1774	10	49	.	.	PUNCT
fueconorg-1774	11	1	in	in	ADP
fueconorg-1774	11	2	order	order	NOUN
fueconorg-1774	11	3	to	to	PART
fueconorg-1774	11	4	be	be	AUX
fueconorg-1774	11	5	realized	realize	VERB
fueconorg-1774	11	6	,	,	PUNCT
fueconorg-1774	11	7	this	this	DET
fueconorg-1774	11	8	kind	kind	NOUN
fueconorg-1774	11	9	of	of	ADP
fueconorg-1774	11	10	objective	objective	ADJ
fueconorg-1774	11	11	requires	require	VERB
fueconorg-1774	11	12	to	to	PART
fueconorg-1774	11	13	be	be	AUX
fueconorg-1774	11	14	clearly	clearly	ADV
fueconorg-1774	11	15	defined	define	VERB
fueconorg-1774	11	16	,	,	PUNCT
fueconorg-1774	11	17	and	and	CCONJ
fueconorg-1774	11	18	its	its	PRON
fueconorg-1774	11	19	significance	significance	NOUN
fueconorg-1774	11	20	and	and	CCONJ
fueconorg-1774	11	21	position	position	NOUN
fueconorg-1774	11	22	in	in	ADP
fueconorg-1774	11	23	relation	relation	NOUN
fueconorg-1774	11	24	to	to	ADP
fueconorg-1774	11	25	the	the	DET
fueconorg-1774	11	26	primary	primary	ADJ
fueconorg-1774	11	27	objective	objective	NOUN
fueconorg-1774	11	28	of	of	ADP
fueconorg-1774	11	29	the	the	DET
fueconorg-1774	11	30	central	central	ADJ
fueconorg-1774	11	31	bank	bank	NOUN
fueconorg-1774	11	32	,	,	PUNCT
fueconorg-1774	11	33	which	which	PRON
fueconorg-1774	11	34	is	be	AUX
fueconorg-1774	11	35	price	price	NOUN
fueconorg-1774	11	36	stability	stability	NOUN
fueconorg-1774	11	37	,	,	PUNCT
fueconorg-1774	11	38	should	should	AUX
fueconorg-1774	11	39	be	be	AUX
fueconorg-1774	11	40	pointed	point	VERB
fueconorg-1774	11	41	out	out	ADP
fueconorg-1774	11	42	.	.	PUNCT
fueconorg-1774	12	1	in	in	ADP
fueconorg-1774	12	2	this	this	DET
fueconorg-1774	12	3	respect	respect	NOUN
fueconorg-1774	12	4	,	,	PUNCT
fueconorg-1774	12	5	the	the	DET
fueconorg-1774	12	6	first	first	ADJ
fueconorg-1774	12	7	part	part	NOUN
fueconorg-1774	12	8	of	of	ADP
fueconorg-1774	12	9	the	the	DET
fueconorg-1774	12	10	paper	paper	NOUN
fueconorg-1774	12	11	deals	deal	NOUN
fueconorg-1774	12	12	with	with	ADP
fueconorg-1774	12	13	the	the	DET
fueconorg-1774	12	14	concept	concept	NOUN
fueconorg-1774	12	15	and	and	CCONJ
fueconorg-1774	12	16	the	the	DET
fueconorg-1774	12	17	basic	basic	ADJ
fueconorg-1774	12	18	conceptual	conceptual	ADJ
fueconorg-1774	12	19	issues	issue	NOUN
fueconorg-1774	12	20	1received	1received	NUM
fueconorg-1774	12	21	april	april	PROPN
fueconorg-1774	12	22	10	10	NUM
fueconorg-1774	12	23	,	,	PUNCT
fueconorg-1774	12	24	2016	2016	NUM
fueconorg-1774	12	25	/	/	SYM
fueconorg-1774	12	26	accepted	accept	VERB
fueconorg-1774	12	27	june	june	PROPN
fueconorg-1774	12	28	13	13	NUM
fueconorg-1774	12	29	,	,	PUNCT
fueconorg-1774	12	30	2016	2016	NUM
fueconorg-1774	12	31	corresponding	correspond	VERB
fueconorg-1774	12	32	author	author	NOUN
fueconorg-1774	12	33	:	:	PUNCT
fueconorg-1774	12	34	mirjana	mirjana	PROPN
fueconorg-1774	12	35	jemović	jemović	PROPN
fueconorg-1774	12	36	faculty	faculty	NOUN
fueconorg-1774	12	37	of	of	ADP
fueconorg-1774	12	38	economics	economic	NOUN
fueconorg-1774	12	39	,	,	PUNCT
fueconorg-1774	12	40	university	university	NOUN
fueconorg-1774	12	41	of	of	ADP
fueconorg-1774	12	42	niš	niš	PROPN
fueconorg-1774	12	43	,	,	PUNCT
fueconorg-1774	12	44	trg	trg	PROPN
fueconorg-1774	12	45	kralja	kralja	PROPN
fueconorg-1774	12	46	aleksandra	aleksandra	PROPN
fueconorg-1774	12	47	11	11	NUM
fueconorg-1774	12	48	,	,	PUNCT
fueconorg-1774	12	49	18000	18000	NUM
fueconorg-1774	12	50	niš	niš	NOUN
fueconorg-1774	12	51	,	,	PUNCT
fueconorg-1774	12	52	serbi	serbi	ADJ
fueconorg-1774	12	53	e	e	NOUN
fueconorg-1774	12	54	-	-	NOUN
fueconorg-1774	12	55	mail	mail	NOUN
fueconorg-1774	12	56	:	:	PUNCT
fueconorg-1774	12	57	mirjana.jemovic@eknfak.ni.ac.rs	mirjana.jemovic@eknfak.ni.ac.rs	NUM
fueconorg-1774	12	58	132	132	NUM
fueconorg-1774	12	59	m.	m.	NOUN
fueconorg-1774	12	60	jemović	jemović	PROPN
fueconorg-1774	12	61	,	,	PUNCT
fueconorg-1774	12	62	s.	s.	PROPN
fueconorg-1774	12	63	marinković	marinković	PROPN
fueconorg-1774	12	64	related	relate	VERB
fueconorg-1774	12	65	to	to	ADP
fueconorg-1774	12	66	financial	financial	ADJ
fueconorg-1774	12	67	stability	stability	NOUN
fueconorg-1774	12	68	.	.	PUNCT
fueconorg-1774	13	1	along	along	ADP
fueconorg-1774	13	2	with	with	ADP
fueconorg-1774	13	3	the	the	DET
fueconorg-1774	13	4	actualization	actualization	NOUN
fueconorg-1774	13	5	of	of	ADP
fueconorg-1774	13	6	the	the	DET
fueconorg-1774	13	7	issues	issue	NOUN
fueconorg-1774	13	8	of	of	ADP
fueconorg-1774	13	9	pursuing	pursue	VERB
fueconorg-1774	13	10	financial	financial	ADJ
fueconorg-1774	13	11	stability	stability	NOUN
fueconorg-1774	13	12	,	,	PUNCT
fueconorg-1774	13	13	in	in	ADP
fueconorg-1774	13	14	a	a	DET
fueconorg-1774	13	15	growing	grow	VERB
fueconorg-1774	13	16	number	number	NOUN
fueconorg-1774	13	17	of	of	ADP
fueconorg-1774	13	18	countries	country	NOUN
fueconorg-1774	13	19	,	,	PUNCT
fueconorg-1774	13	20	special	special	ADJ
fueconorg-1774	13	21	bodies	body	NOUN
fueconorg-1774	13	22	for	for	ADP
fueconorg-1774	13	23	macroprudential	macroprudential	ADJ
fueconorg-1774	13	24	issues	issue	NOUN
fueconorg-1774	13	25	are	be	AUX
fueconorg-1774	13	26	being	be	AUX
fueconorg-1774	13	27	formed	form	VERB
fueconorg-1774	13	28	,	,	PUNCT
fueconorg-1774	13	29	in	in	ADP
fueconorg-1774	13	30	all	all	PRON
fueconorg-1774	13	31	of	of	ADP
fueconorg-1774	13	32	which	which	PRON
fueconorg-1774	13	33	,	,	PUNCT
fueconorg-1774	13	34	the	the	DET
fueconorg-1774	13	35	role	role	NOUN
fueconorg-1774	13	36	of	of	ADP
fueconorg-1774	13	37	the	the	DET
fueconorg-1774	13	38	cb	cb	PROPN
fueconorg-1774	13	39	is	be	AUX
fueconorg-1774	13	40	crucial	crucial	ADJ
fueconorg-1774	13	41	.	.	PUNCT
fueconorg-1774	14	1	the	the	DET
fueconorg-1774	14	2	extent	extent	NOUN
fueconorg-1774	14	3	to	to	PART
fueconorg-1774	14	4	which	which	PRON
fueconorg-1774	14	5	the	the	DET
fueconorg-1774	14	6	field	field	NOUN
fueconorg-1774	14	7	of	of	ADP
fueconorg-1774	14	8	monetary	monetary	ADJ
fueconorg-1774	14	9	and	and	CCONJ
fueconorg-1774	14	10	macroprudential	macroprudential	ADJ
fueconorg-1774	14	11	policies	policy	NOUN
fueconorg-1774	14	12	will	will	AUX
fueconorg-1774	14	13	overlap	overlap	VERB
fueconorg-1774	14	14	,	,	PUNCT
fueconorg-1774	14	15	largely	largely	ADV
fueconorg-1774	14	16	depends	depend	VERB
fueconorg-1774	14	17	on	on	ADP
fueconorg-1774	14	18	the	the	DET
fueconorg-1774	14	19	achieved	achieve	VERB
fueconorg-1774	14	20	level	level	NOUN
fueconorg-1774	14	21	of	of	ADP
fueconorg-1774	14	22	development	development	NOUN
fueconorg-1774	14	23	of	of	ADP
fueconorg-1774	14	24	the	the	DET
fueconorg-1774	14	25	macroprudential	macroprudential	ADJ
fueconorg-1774	14	26	framework	framework	NOUN
fueconorg-1774	14	27	in	in	ADP
fueconorg-1774	14	28	a	a	DET
fueconorg-1774	14	29	particular	particular	ADJ
fueconorg-1774	14	30	country	country	NOUN
fueconorg-1774	14	31	.	.	PUNCT
fueconorg-1774	15	1	in	in	ADP
fueconorg-1774	15	2	this	this	DET
fueconorg-1774	15	3	regard	regard	NOUN
fueconorg-1774	15	4	,	,	PUNCT
fueconorg-1774	15	5	the	the	DET
fueconorg-1774	15	6	second	second	ADJ
fueconorg-1774	15	7	part	part	NOUN
fueconorg-1774	15	8	of	of	ADP
fueconorg-1774	15	9	the	the	DET
fueconorg-1774	15	10	paper	paper	NOUN
fueconorg-1774	15	11	suggests	suggest	VERB
fueconorg-1774	15	12	possible	possible	ADJ
fueconorg-1774	15	13	approaches	approach	NOUN
fueconorg-1774	15	14	to	to	ADP
fueconorg-1774	15	15	the	the	DET
fueconorg-1774	15	16	role	role	NOUN
fueconorg-1774	15	17	of	of	ADP
fueconorg-1774	15	18	the	the	DET
fueconorg-1774	15	19	monetary	monetary	ADJ
fueconorg-1774	15	20	policy	policy	NOUN
fueconorg-1774	15	21	in	in	ADP
fueconorg-1774	15	22	maintaining	maintain	VERB
fueconorg-1774	15	23	financial	financial	ADJ
fueconorg-1774	15	24	stability	stability	NOUN
fueconorg-1774	15	25	.	.	PUNCT
fueconorg-1774	16	1	in	in	ADP
fueconorg-1774	16	2	the	the	DET
fueconorg-1774	16	3	last	last	ADJ
fueconorg-1774	16	4	part	part	NOUN
fueconorg-1774	16	5	of	of	ADP
fueconorg-1774	16	6	the	the	DET
fueconorg-1774	16	7	paper	paper	NOUN
fueconorg-1774	16	8	,	,	PUNCT
fueconorg-1774	16	9	the	the	DET
fueconorg-1774	16	10	policy	policy	NOUN
fueconorg-1774	16	11	of	of	ADP
fueconorg-1774	16	12	maintaining	maintain	VERB
fueconorg-1774	16	13	financial	financial	ADJ
fueconorg-1774	16	14	stability	stability	NOUN
fueconorg-1774	16	15	is	be	AUX
fueconorg-1774	16	16	narrowed	narrow	VERB
fueconorg-1774	16	17	down	down	ADP
fueconorg-1774	16	18	to	to	ADP
fueconorg-1774	16	19	the	the	DET
fueconorg-1774	16	20	eu	eu	PROPN
fueconorg-1774	16	21	,	,	PUNCT
fueconorg-1774	16	22	where	where	SCONJ
fueconorg-1774	16	23	special	special	ADJ
fueconorg-1774	16	24	attention	attention	NOUN
fueconorg-1774	16	25	is	be	AUX
fueconorg-1774	16	26	paid	pay	VERB
fueconorg-1774	16	27	to	to	ADP
fueconorg-1774	16	28	the	the	DET
fueconorg-1774	16	29	analysis	analysis	NOUN
fueconorg-1774	16	30	of	of	ADP
fueconorg-1774	16	31	the	the	DET
fueconorg-1774	16	32	role	role	NOUN
fueconorg-1774	16	33	of	of	ADP
fueconorg-1774	16	34	the	the	DET
fueconorg-1774	16	35	european	european	PROPN
fueconorg-1774	16	36	central	central	PROPN
fueconorg-1774	16	37	bank	bank	PROPN
fueconorg-1774	16	38	(	(	PUNCT
fueconorg-1774	16	39	ecb	ecb	PROPN
fueconorg-1774	16	40	)	)	PUNCT
fueconorg-1774	16	41	in	in	ADP
fueconorg-1774	16	42	preserving	preserve	VERB
fueconorg-1774	16	43	monetary	monetary	ADJ
fueconorg-1774	16	44	and	and	CCONJ
fueconorg-1774	16	45	financial	financial	ADJ
fueconorg-1774	16	46	stability	stability	NOUN
fueconorg-1774	16	47	.	.	PUNCT
fueconorg-1774	17	1	1	1	X
fueconorg-1774	17	2	.	.	X
fueconorg-1774	17	3	financial	financial	ADJ
fueconorg-1774	17	4	stability	stability	NOUN
fueconorg-1774	17	5	–	–	PUNCT
fueconorg-1774	17	6	the	the	DET
fueconorg-1774	17	7	term	term	NOUN
fueconorg-1774	17	8	and	and	CCONJ
fueconorg-1774	17	9	conceptual	conceptual	ADJ
fueconorg-1774	17	10	issues	issue	NOUN
fueconorg-1774	17	11	along	along	ADP
fueconorg-1774	17	12	with	with	ADP
fueconorg-1774	17	13	the	the	DET
fueconorg-1774	17	14	financial	financial	ADJ
fueconorg-1774	17	15	deregulation	deregulation	NOUN
fueconorg-1774	17	16	that	that	PRON
fueconorg-1774	17	17	marked	mark	VERB
fueconorg-1774	17	18	the	the	DET
fueconorg-1774	17	19	last	last	ADJ
fueconorg-1774	17	20	decades	decade	NOUN
fueconorg-1774	17	21	of	of	ADP
fueconorg-1774	17	22	the	the	DET
fueconorg-1774	17	23	past	past	ADJ
fueconorg-1774	17	24	century	century	NOUN
fueconorg-1774	17	25	,	,	PUNCT
fueconorg-1774	17	26	the	the	DET
fueconorg-1774	17	27	incidence	incidence	NOUN
fueconorg-1774	17	28	of	of	ADP
fueconorg-1774	17	29	financial	financial	ADJ
fueconorg-1774	17	30	crisis	crisis	NOUN
fueconorg-1774	17	31	has	have	AUX
fueconorg-1774	17	32	suddenly	suddenly	ADV
fueconorg-1774	17	33	increased	increase	VERB
fueconorg-1774	17	34	.	.	PUNCT
fueconorg-1774	18	1	among	among	ADP
fueconorg-1774	18	2	them	they	PRON
fueconorg-1774	18	3	,	,	PUNCT
fueconorg-1774	18	4	the	the	DET
fueconorg-1774	18	5	banking	banking	NOUN
fueconorg-1774	18	6	crisis	crisis	NOUN
fueconorg-1774	18	7	emerged	emerge	VERB
fueconorg-1774	18	8	as	as	ADP
fueconorg-1774	18	9	the	the	DET
fueconorg-1774	18	10	dominant	dominant	ADJ
fueconorg-1774	18	11	form	form	NOUN
fueconorg-1774	18	12	of	of	ADP
fueconorg-1774	18	13	financial	financial	ADJ
fueconorg-1774	18	14	crisis	crisis	NOUN
fueconorg-1774	18	15	.	.	PUNCT
fueconorg-1774	19	1	in	in	ADP
fueconorg-1774	19	2	1995	1995	NUM
fueconorg-1774	19	3	,	,	PUNCT
fueconorg-1774	19	4	there	there	PRON
fueconorg-1774	19	5	were	be	VERB
fueconorg-1774	19	6	even	even	ADV
fueconorg-1774	19	7	13	13	NUM
fueconorg-1774	19	8	systemic	systemic	ADJ
fueconorg-1774	19	9	banking	banking	NOUN
fueconorg-1774	19	10	crisis	crisis	NOUN
fueconorg-1774	19	11	.	.	PUNCT
fueconorg-1774	20	1	the	the	DET
fueconorg-1774	20	2	real	real	ADJ
fueconorg-1774	20	3	and	and	CCONJ
fueconorg-1774	20	4	fiscal	fiscal	ADJ
fueconorg-1774	20	5	implications	implication	NOUN
fueconorg-1774	20	6	of	of	ADP
fueconorg-1774	20	7	the	the	DET
fueconorg-1774	20	8	crisis	crisis	NOUN
fueconorg-1774	20	9	were	be	AUX
fueconorg-1774	20	10	the	the	DET
fueconorg-1774	20	11	reason	reason	NOUN
fueconorg-1774	20	12	for	for	ADP
fueconorg-1774	20	13	setting	set	VERB
fueconorg-1774	20	14	financial	financial	ADJ
fueconorg-1774	20	15	stability	stability	NOUN
fueconorg-1774	20	16	as	as	ADP
fueconorg-1774	20	17	an	an	DET
fueconorg-1774	20	18	increasingly	increasingly	ADV
fueconorg-1774	20	19	important	important	ADJ
fueconorg-1774	20	20	objective	objective	NOUN
fueconorg-1774	20	21	for	for	ADP
fueconorg-1774	20	22	the	the	DET
fueconorg-1774	20	23	economic	economic	ADJ
fueconorg-1774	20	24	policy	policy	NOUN
fueconorg-1774	20	25	formulation	formulation	NOUN
fueconorg-1774	20	26	.	.	PUNCT
fueconorg-1774	21	1	this	this	PRON
fueconorg-1774	21	2	can	can	AUX
fueconorg-1774	21	3	be	be	AUX
fueconorg-1774	21	4	confirmed	confirm	VERB
fueconorg-1774	21	5	by	by	ADP
fueconorg-1774	21	6	the	the	DET
fueconorg-1774	21	7	fact	fact	NOUN
fueconorg-1774	21	8	that	that	SCONJ
fueconorg-1774	21	9	almost	almost	ADV
fueconorg-1774	21	10	all	all	PRON
fueconorg-1774	21	11	central	central	ADJ
fueconorg-1774	21	12	banks	bank	NOUN
fueconorg-1774	21	13	and	and	CCONJ
fueconorg-1774	21	14	several	several	ADJ
fueconorg-1774	21	15	international	international	ADJ
fueconorg-1774	21	16	financial	financial	ADJ
fueconorg-1774	21	17	institutions	institution	NOUN
fueconorg-1774	21	18	have	have	AUX
fueconorg-1774	21	19	begun	begin	VERB
fueconorg-1774	21	20	to	to	PART
fueconorg-1774	21	21	publish	publish	VERB
fueconorg-1774	21	22	reports	report	NOUN
fueconorg-1774	21	23	on	on	ADP
fueconorg-1774	21	24	financial	financial	ADJ
fueconorg-1774	21	25	stability	stability	NOUN
fueconorg-1774	21	26	and	and	CCONJ
fueconorg-1774	21	27	financial	financial	ADJ
fueconorg-1774	21	28	stability	stability	NOUN
fueconorg-1774	21	29	has	have	AUX
fueconorg-1774	21	30	become	become	VERB
fueconorg-1774	21	31	the	the	DET
fueconorg-1774	21	32	responsibility	responsibility	NOUN
fueconorg-1774	21	33	of	of	ADP
fueconorg-1774	21	34	many	many	ADJ
fueconorg-1774	21	35	institutions	institution	NOUN
fueconorg-1774	21	36	.	.	PUNCT
fueconorg-1774	22	1	actualization	actualization	NOUN
fueconorg-1774	22	2	of	of	ADP
fueconorg-1774	22	3	issues	issue	NOUN
fueconorg-1774	22	4	of	of	ADP
fueconorg-1774	22	5	preserving	preserve	VERB
fueconorg-1774	22	6	financial	financial	ADJ
fueconorg-1774	22	7	stability	stability	NOUN
fueconorg-1774	22	8	has	have	AUX
fueconorg-1774	22	9	been	be	AUX
fueconorg-1774	22	10	related	relate	VERB
fueconorg-1774	22	11	to	to	ADP
fueconorg-1774	22	12	several	several	ADJ
fueconorg-1774	22	13	trends	trend	NOUN
fueconorg-1774	22	14	and	and	CCONJ
fueconorg-1774	22	15	changes	change	NOUN
fueconorg-1774	22	16	in	in	ADP
fueconorg-1774	22	17	financial	financial	ADJ
fueconorg-1774	22	18	systems	system	NOUN
fueconorg-1774	22	19	over	over	ADP
fueconorg-1774	22	20	the	the	DET
fueconorg-1774	22	21	last	last	ADJ
fueconorg-1774	22	22	few	few	ADJ
fueconorg-1774	22	23	decades	decade	NOUN
fueconorg-1774	22	24	.	.	PUNCT
fueconorg-1774	23	1	due	due	ADP
fueconorg-1774	23	2	to	to	ADP
fueconorg-1774	23	3	the	the	DET
fueconorg-1774	23	4	deregulation	deregulation	NOUN
fueconorg-1774	23	5	of	of	ADP
fueconorg-1774	23	6	the	the	DET
fueconorg-1774	23	7	financial	financial	ADJ
fueconorg-1774	23	8	regulations	regulation	NOUN
fueconorg-1774	23	9	,	,	PUNCT
fueconorg-1774	23	10	the	the	DET
fueconorg-1774	23	11	environment	environment	NOUN
fueconorg-1774	23	12	for	for	ADP
fueconorg-1774	23	13	intensive	intensive	ADJ
fueconorg-1774	23	14	development	development	NOUN
fueconorg-1774	23	15	of	of	ADP
fueconorg-1774	23	16	the	the	DET
fueconorg-1774	23	17	financial	financial	ADJ
fueconorg-1774	23	18	sector	sector	NOUN
fueconorg-1774	23	19	was	be	AUX
fueconorg-1774	23	20	created	create	VERB
fueconorg-1774	23	21	,	,	PUNCT
fueconorg-1774	23	22	which	which	PRON
fueconorg-1774	23	23	was	be	AUX
fueconorg-1774	23	24	why	why	SCONJ
fueconorg-1774	23	25	the	the	DET
fueconorg-1774	23	26	volume	volume	NOUN
fueconorg-1774	23	27	of	of	ADP
fueconorg-1774	23	28	financial	financial	ADJ
fueconorg-1774	23	29	transactions	transaction	NOUN
fueconorg-1774	23	30	exceeded	exceed	VERB
fueconorg-1774	23	31	the	the	DET
fueconorg-1774	23	32	volume	volume	NOUN
fueconorg-1774	23	33	of	of	ADP
fueconorg-1774	23	34	transactions	transaction	NOUN
fueconorg-1774	23	35	in	in	ADP
fueconorg-1774	23	36	the	the	DET
fueconorg-1774	23	37	real	real	ADJ
fueconorg-1774	23	38	sector	sector	NOUN
fueconorg-1774	23	39	several	several	ADJ
fueconorg-1774	23	40	times	time	NOUN
fueconorg-1774	23	41	.	.	PUNCT
fueconorg-1774	24	1	the	the	DET
fueconorg-1774	24	2	enormous	enormous	ADJ
fueconorg-1774	24	3	growth	growth	NOUN
fueconorg-1774	24	4	in	in	ADP
fueconorg-1774	24	5	the	the	DET
fueconorg-1774	24	6	financial	financial	ADJ
fueconorg-1774	24	7	services	service	NOUN
fueconorg-1774	24	8	sector	sector	NOUN
fueconorg-1774	24	9	is	be	AUX
fueconorg-1774	24	10	evident	evident	ADJ
fueconorg-1774	24	11	on	on	ADP
fueconorg-1774	24	12	several	several	ADJ
fueconorg-1774	24	13	grounds	ground	NOUN
fueconorg-1774	24	14	:	:	PUNCT
fueconorg-1774	24	15	its	its	PRON
fueconorg-1774	24	16	dominant	dominant	ADJ
fueconorg-1774	24	17	share	share	NOUN
fueconorg-1774	24	18	in	in	ADP
fueconorg-1774	24	19	the	the	DET
fueconorg-1774	24	20	gross	gross	ADJ
fueconorg-1774	24	21	domestic	domestic	ADJ
fueconorg-1774	24	22	product	product	NOUN
fueconorg-1774	24	23	(	(	PUNCT
fueconorg-1774	24	24	gdp	gdp	NOUN
fueconorg-1774	24	25	)	)	PUNCT
fueconorg-1774	24	26	,	,	PUNCT
fueconorg-1774	24	27	the	the	DET
fueconorg-1774	24	28	size	size	NOUN
fueconorg-1774	24	29	of	of	ADP
fueconorg-1774	24	30	financial	financial	ADJ
fueconorg-1774	24	31	assets	asset	NOUN
fueconorg-1774	24	32	,	,	PUNCT
fueconorg-1774	24	33	the	the	DET
fueconorg-1774	24	34	number	number	NOUN
fueconorg-1774	24	35	of	of	ADP
fueconorg-1774	24	36	employees	employee	NOUN
fueconorg-1774	24	37	and	and	CCONJ
fueconorg-1774	24	38	average	average	ADJ
fueconorg-1774	24	39	wages	wage	NOUN
fueconorg-1774	24	40	in	in	ADP
fueconorg-1774	24	41	this	this	DET
fueconorg-1774	24	42	sector	sector	NOUN
fueconorg-1774	24	43	(	(	PUNCT
fueconorg-1774	24	44	scharfstein	scharfstein	PROPN
fueconorg-1774	24	45	&	&	CCONJ
fueconorg-1774	24	46	greenwood	greenwood	PROPN
fueconorg-1774	24	47	,	,	PUNCT
fueconorg-1774	24	48	2013	2013	NUM
fueconorg-1774	24	49	)	)	PUNCT
fueconorg-1774	24	50	.	.	PUNCT
fueconorg-1774	25	1	these	these	DET
fueconorg-1774	25	2	changes	change	NOUN
fueconorg-1774	25	3	are	be	AUX
fueconorg-1774	25	4	indicated	indicate	VERB
fueconorg-1774	25	5	by	by	ADP
fueconorg-1774	25	6	the	the	DET
fueconorg-1774	25	7	term	term	NOUN
fueconorg-1774	25	8	financialization	financialization	NOUN
fueconorg-1774	25	9	,	,	PUNCT
fueconorg-1774	25	10	which	which	PRON
fueconorg-1774	25	11	basically	basically	ADV
fueconorg-1774	25	12	means	mean	VERB
fueconorg-1774	25	13	the	the	DET
fueconorg-1774	25	14	separation	separation	NOUN
fueconorg-1774	25	15	of	of	ADP
fueconorg-1774	25	16	the	the	DET
fueconorg-1774	25	17	real	real	ADJ
fueconorg-1774	25	18	and	and	CCONJ
fueconorg-1774	25	19	the	the	DET
fueconorg-1774	25	20	financial	financial	ADJ
fueconorg-1774	25	21	sector	sector	NOUN
fueconorg-1774	25	22	,	,	PUNCT
fueconorg-1774	25	23	whereas	whereas	SCONJ
fueconorg-1774	25	24	the	the	DET
fueconorg-1774	25	25	financial	financial	ADJ
fueconorg-1774	25	26	sector	sector	NOUN
fueconorg-1774	25	27	becomes	become	VERB
fueconorg-1774	25	28	an	an	DET
fueconorg-1774	25	29	end	end	NOUN
fueconorg-1774	25	30	in	in	ADP
fueconorg-1774	25	31	itself	itself	PRON
fueconorg-1774	25	32	.	.	PUNCT
fueconorg-1774	26	1	the	the	DET
fueconorg-1774	26	2	consequences	consequence	NOUN
fueconorg-1774	26	3	of	of	ADP
fueconorg-1774	26	4	financialization	financialization	NOUN
fueconorg-1774	26	5	are	be	AUX
fueconorg-1774	26	6	the	the	DET
fueconorg-1774	26	7	growing	grow	VERB
fueconorg-1774	26	8	transfer	transfer	NOUN
fueconorg-1774	26	9	of	of	ADP
fueconorg-1774	26	10	income	income	NOUN
fueconorg-1774	26	11	from	from	ADP
fueconorg-1774	26	12	the	the	DET
fueconorg-1774	26	13	real	real	ADJ
fueconorg-1774	26	14	to	to	ADP
fueconorg-1774	26	15	financial	financial	ADJ
fueconorg-1774	26	16	sector	sector	NOUN
fueconorg-1774	26	17	,	,	PUNCT
fueconorg-1774	26	18	an	an	DET
fueconorg-1774	26	19	increasing	increase	VERB
fueconorg-1774	26	20	income	income	NOUN
fueconorg-1774	26	21	inequality	inequality	NOUN
fueconorg-1774	26	22	and	and	CCONJ
fueconorg-1774	26	23	the	the	DET
fueconorg-1774	26	24	growing	grow	VERB
fueconorg-1774	26	25	influence	influence	NOUN
fueconorg-1774	26	26	of	of	ADP
fueconorg-1774	26	27	financial	financial	ADJ
fueconorg-1774	26	28	incentive	incentive	NOUN
fueconorg-1774	26	29	used	use	VERB
fueconorg-1774	26	30	to	to	PART
fueconorg-1774	26	31	manage	manage	VERB
fueconorg-1774	26	32	companies	company	NOUN
fueconorg-1774	26	33	.	.	PUNCT
fueconorg-1774	27	1	in	in	ADP
fueconorg-1774	27	2	such	such	ADJ
fueconorg-1774	27	3	circumstances	circumstance	NOUN
fueconorg-1774	27	4	,	,	PUNCT
fueconorg-1774	27	5	the	the	DET
fueconorg-1774	27	6	prices	price	NOUN
fueconorg-1774	27	7	of	of	ADP
fueconorg-1774	27	8	certain	certain	ADJ
fueconorg-1774	27	9	financial	financial	ADJ
fueconorg-1774	27	10	assets	asset	NOUN
fueconorg-1774	27	11	are	be	AUX
fueconorg-1774	27	12	determined	determine	VERB
fueconorg-1774	27	13	on	on	ADP
fueconorg-1774	27	14	the	the	DET
fueconorg-1774	27	15	basis	basis	NOUN
fueconorg-1774	27	16	of	of	ADP
fueconorg-1774	27	17	monitoring	monitor	VERB
fueconorg-1774	27	18	the	the	DET
fueconorg-1774	27	19	prices	price	NOUN
fueconorg-1774	27	20	of	of	ADP
fueconorg-1774	27	21	other	other	ADJ
fueconorg-1774	27	22	financial	financial	ADJ
fueconorg-1774	27	23	assets	asset	NOUN
fueconorg-1774	27	24	,	,	PUNCT
fueconorg-1774	27	25	without	without	ADP
fueconorg-1774	27	26	any	any	DET
fueconorg-1774	27	27	connection	connection	NOUN
fueconorg-1774	27	28	to	to	ADP
fueconorg-1774	27	29	the	the	DET
fueconorg-1774	27	30	current	current	ADJ
fueconorg-1774	27	31	situation	situation	NOUN
fueconorg-1774	27	32	and	and	CCONJ
fueconorg-1774	27	33	trends	trend	NOUN
fueconorg-1774	27	34	in	in	ADP
fueconorg-1774	27	35	the	the	DET
fueconorg-1774	27	36	real	real	ADJ
fueconorg-1774	27	37	sector	sector	NOUN
fueconorg-1774	27	38	of	of	ADP
fueconorg-1774	27	39	the	the	DET
fueconorg-1774	27	40	economy	economy	NOUN
fueconorg-1774	27	41	.	.	PUNCT
fueconorg-1774	28	1	this	this	DET
fueconorg-1774	28	2	kind	kind	NOUN
fueconorg-1774	28	3	of	of	ADP
fueconorg-1774	28	4	the	the	DET
fueconorg-1774	28	5	financial	financial	ADJ
fueconorg-1774	28	6	sector	sector	NOUN
fueconorg-1774	28	7	growth	growth	NOUN
fueconorg-1774	28	8	is	be	AUX
fueconorg-1774	28	9	encouraged	encourage	VERB
fueconorg-1774	28	10	by	by	ADP
fueconorg-1774	28	11	a	a	DET
fueconorg-1774	28	12	number	number	NOUN
fueconorg-1774	28	13	of	of	ADP
fueconorg-1774	28	14	financial	financial	ADJ
fueconorg-1774	28	15	innovations	innovation	NOUN
fueconorg-1774	28	16	,	,	PUNCT
fueconorg-1774	28	17	and	and	CCONJ
fueconorg-1774	28	18	above	above	ADP
fueconorg-1774	28	19	all	all	PRON
fueconorg-1774	28	20	,	,	PUNCT
fueconorg-1774	28	21	by	by	ADP
fueconorg-1774	28	22	the	the	DET
fueconorg-1774	28	23	rapid	rapid	ADJ
fueconorg-1774	28	24	development	development	NOUN
fueconorg-1774	28	25	of	of	ADP
fueconorg-1774	28	26	financial	financial	ADJ
fueconorg-1774	28	27	institutions	institution	NOUN
fueconorg-1774	28	28	in	in	ADP
fueconorg-1774	28	29	the	the	DET
fueconorg-1774	28	30	shadow	shadow	NOUN
fueconorg-1774	28	31	banking	banking	NOUN
fueconorg-1774	28	32	.	.	PUNCT
fueconorg-1774	29	1	this	this	DET
fueconorg-1774	29	2	sector	sector	NOUN
fueconorg-1774	29	3	includes	include	VERB
fueconorg-1774	29	4	financial	financial	ADJ
fueconorg-1774	29	5	institutions	institution	NOUN
fueconorg-1774	29	6	that	that	PRON
fueconorg-1774	29	7	,	,	PUNCT
fueconorg-1774	29	8	similarly	similarly	ADV
fueconorg-1774	29	9	to	to	ADP
fueconorg-1774	29	10	banks	bank	NOUN
fueconorg-1774	29	11	,	,	PUNCT
fueconorg-1774	29	12	perform	perform	VERB
fueconorg-1774	29	13	maturity	maturity	NOUN
fueconorg-1774	29	14	transformation	transformation	NOUN
fueconorg-1774	29	15	of	of	ADP
fueconorg-1774	29	16	the	the	DET
fueconorg-1774	29	17	banking	banking	NOUN
fueconorg-1774	29	18	resources	resource	NOUN
fueconorg-1774	29	19	,	,	PUNCT
fueconorg-1774	29	20	but	but	CCONJ
fueconorg-1774	29	21	they	they	PRON
fueconorg-1774	29	22	can	can	AUX
fueconorg-1774	29	23	not	not	PART
fueconorg-1774	29	24	mobilize	mobilize	VERB
fueconorg-1774	29	25	the	the	DET
fueconorg-1774	29	26	insured	insure	VERB
fueconorg-1774	29	27	deposits	deposit	NOUN
fueconorg-1774	29	28	and	and	CCONJ
fueconorg-1774	29	29	do	do	AUX
fueconorg-1774	29	30	not	not	PART
fueconorg-1774	29	31	have	have	VERB
fueconorg-1774	29	32	the	the	DET
fueconorg-1774	29	33	same	same	ADJ
fueconorg-1774	29	34	system	system	NOUN
fueconorg-1774	29	35	of	of	ADP
fueconorg-1774	29	36	protection	protection	NOUN
fueconorg-1774	29	37	that	that	PRON
fueconorg-1774	29	38	applies	apply	VERB
fueconorg-1774	29	39	to	to	ADP
fueconorg-1774	29	40	banks	bank	NOUN
fueconorg-1774	29	41	.	.	PUNCT
fueconorg-1774	30	1	structured	structure	VERB
fueconorg-1774	30	2	investment	investment	NOUN
fueconorg-1774	30	3	vehicles	vehicle	NOUN
fueconorg-1774	30	4	,	,	PUNCT
fueconorg-1774	30	5	money	money	NOUN
fueconorg-1774	30	6	market	market	NOUN
fueconorg-1774	30	7	funds	fund	NOUN
fueconorg-1774	30	8	and	and	CCONJ
fueconorg-1774	30	9	the	the	DET
fueconorg-1774	30	10	government	government	NOUN
fueconorg-1774	30	11	-	-	PUNCT
fueconorg-1774	30	12	sponsored	sponsor	VERB
fueconorg-1774	30	13	entities	entity	NOUN
fueconorg-1774	30	14	like	like	ADP
fueconorg-1774	30	15	fannie	fannie	PROPN
fueconorg-1774	30	16	mae	mae	PROPN
fueconorg-1774	30	17	and	and	CCONJ
fueconorg-1774	30	18	freddie	freddie	PROPN
fueconorg-1774	30	19	mac	mac	PROPN
fueconorg-1774	30	20	can	can	AUX
fueconorg-1774	30	21	be	be	AUX
fueconorg-1774	30	22	included	include	VERB
fueconorg-1774	30	23	here	here	ADV
fueconorg-1774	30	24	.	.	PUNCT
fueconorg-1774	31	1	these	these	DET
fueconorg-1774	31	2	institutions	institution	NOUN
fueconorg-1774	31	3	,	,	PUNCT
fueconorg-1774	31	4	during	during	ADP
fueconorg-1774	31	5	the	the	DET
fueconorg-1774	31	6	recent	recent	ADJ
fueconorg-1774	31	7	financial	financial	ADJ
fueconorg-1774	31	8	crisis	crisis	NOUN
fueconorg-1774	31	9	allowed	allow	VERB
fueconorg-1774	31	10	loans	loan	NOUN
fueconorg-1774	31	11	to	to	ADP
fueconorg-1774	31	12	a	a	DET
fueconorg-1774	31	13	wide	wide	ADJ
fueconorg-1774	31	14	circle	circle	NOUN
fueconorg-1774	31	15	of	of	ADP
fueconorg-1774	31	16	beneficiaries	beneficiary	NOUN
fueconorg-1774	31	17	at	at	ADP
fueconorg-1774	31	18	much	much	ADV
fueconorg-1774	31	19	more	more	ADV
fueconorg-1774	31	20	favorable	favorable	ADJ
fueconorg-1774	31	21	terms	term	NOUN
fueconorg-1774	31	22	than	than	ADP
fueconorg-1774	31	23	those	those	PRON
fueconorg-1774	31	24	offered	offer	VERB
fueconorg-1774	31	25	by	by	ADP
fueconorg-1774	31	26	the	the	DET
fueconorg-1774	31	27	banks	bank	NOUN
fueconorg-1774	31	28	(	(	PUNCT
fueconorg-1774	31	29	palley	palley	NOUN
fueconorg-1774	31	30	,	,	PUNCT
fueconorg-1774	31	31	2007	2007	NUM
fueconorg-1774	31	32	)	)	PUNCT
fueconorg-1774	31	33	.	.	PUNCT
fueconorg-1774	32	1	although	although	SCONJ
fueconorg-1774	32	2	it	it	PRON
fueconorg-1774	32	3	was	be	AUX
fueconorg-1774	32	4	designed	design	VERB
fueconorg-1774	32	5	to	to	PART
fueconorg-1774	32	6	improve	improve	VERB
fueconorg-1774	32	7	the	the	DET
fueconorg-1774	32	8	standard	standard	NOUN
fueconorg-1774	32	9	of	of	ADP
fueconorg-1774	32	10	living	living	NOUN
fueconorg-1774	32	11	,	,	PUNCT
fueconorg-1774	32	12	this	this	DET
fueconorg-1774	32	13	kind	kind	NOUN
fueconorg-1774	32	14	of	of	ADP
fueconorg-1774	32	15	model	model	NOUN
fueconorg-1774	32	16	that	that	PRON
fueconorg-1774	32	17	offered	offer	VERB
fueconorg-1774	32	18	mortgage	mortgage	NOUN
fueconorg-1774	32	19	loans	loan	NOUN
fueconorg-1774	32	20	led	lead	VERB
fueconorg-1774	32	21	to	to	ADP
fueconorg-1774	32	22	the	the	DET
fueconorg-1774	32	23	over	over	NOUN
fueconorg-1774	32	24	-	-	PUNCT
fueconorg-1774	32	25	indebtedness	indebtedness	NOUN
fueconorg-1774	32	26	of	of	ADP
fueconorg-1774	32	27	households	household	NOUN
fueconorg-1774	32	28	,	,	PUNCT
fueconorg-1774	32	29	bearing	bear	VERB
fueconorg-1774	32	30	in	in	ADP
fueconorg-1774	32	31	mind	mind	NOUN
fueconorg-1774	32	32	the	the	DET
fueconorg-1774	32	33	the	the	DET
fueconorg-1774	32	34	role	role	NOUN
fueconorg-1774	32	35	of	of	ADP
fueconorg-1774	32	36	monetary	monetary	ADJ
fueconorg-1774	32	37	and	and	CCONJ
fueconorg-1774	32	38	macroprudential	macroprudential	ADJ
fueconorg-1774	32	39	policies	policy	NOUN
fueconorg-1774	32	40	in	in	ADP
fueconorg-1774	32	41	pursuit	pursuit	NOUN
fueconorg-1774	32	42	of	of	ADP
fueconorg-1774	32	43	financial	financial	ADJ
fueconorg-1774	32	44	stability	stability	NOUN
fueconorg-1774	32	45	133	133	NUM
fueconorg-1774	32	46	fact	fact	NOUN
fueconorg-1774	32	47	that	that	SCONJ
fueconorg-1774	32	48	the	the	DET
fueconorg-1774	32	49	most	most	ADV
fueconorg-1774	32	50	common	common	ADJ
fueconorg-1774	32	51	users	user	NOUN
fueconorg-1774	32	52	of	of	ADP
fueconorg-1774	32	53	housing	housing	NOUN
fueconorg-1774	32	54	loans	loan	NOUN
fueconorg-1774	32	55	were	be	AUX
fueconorg-1774	32	56	entities	entity	NOUN
fueconorg-1774	32	57	with	with	ADP
fueconorg-1774	32	58	low	low	ADJ
fueconorg-1774	32	59	and	and	CCONJ
fueconorg-1774	32	60	middle	middle	ADJ
fueconorg-1774	32	61	income	income	NOUN
fueconorg-1774	32	62	(	(	PUNCT
fueconorg-1774	32	63	low	low	ADJ
fueconorg-1774	32	64	and	and	CCONJ
fueconorg-1774	32	65	average	average	ADJ
fueconorg-1774	32	66	salaries	salary	NOUN
fueconorg-1774	32	67	)	)	PUNCT
fueconorg-1774	32	68	.	.	PUNCT
fueconorg-1774	33	1	in	in	ADP
fueconorg-1774	33	2	addition	addition	NOUN
fueconorg-1774	33	3	,	,	PUNCT
fueconorg-1774	33	4	the	the	DET
fueconorg-1774	33	5	participation	participation	NOUN
fueconorg-1774	33	6	of	of	ADP
fueconorg-1774	33	7	the	the	DET
fueconorg-1774	33	8	shadow	shadow	NOUN
fueconorg-1774	33	9	banking	banking	NOUN
fueconorg-1774	33	10	sector	sector	NOUN
fueconorg-1774	33	11	in	in	ADP
fueconorg-1774	33	12	the	the	DET
fueconorg-1774	33	13	credit	credit	NOUN
fueconorg-1774	33	14	intermediation	intermediation	NOUN
fueconorg-1774	33	15	burdened	burden	VERB
fueconorg-1774	33	16	this	this	DET
fueconorg-1774	33	17	procedure	procedure	NOUN
fueconorg-1774	33	18	with	with	ADP
fueconorg-1774	33	19	a	a	DET
fueconorg-1774	33	20	larger	large	ADJ
fueconorg-1774	33	21	number	number	NOUN
fueconorg-1774	33	22	of	of	ADP
fueconorg-1774	33	23	stages	stage	NOUN
fueconorg-1774	33	24	and	and	CCONJ
fueconorg-1774	33	25	made	make	VERB
fueconorg-1774	33	26	it	it	PRON
fueconorg-1774	33	27	impossible	impossible	ADJ
fueconorg-1774	33	28	for	for	SCONJ
fueconorg-1774	33	29	participants	participant	NOUN
fueconorg-1774	33	30	to	to	PART
fueconorg-1774	33	31	adequately	adequately	ADV
fueconorg-1774	33	32	assess	assess	VERB
fueconorg-1774	33	33	the	the	DET
fueconorg-1774	33	34	counterparty	counterparty	NOUN
fueconorg-1774	33	35	risk	risk	NOUN
fueconorg-1774	33	36	.	.	PUNCT
fueconorg-1774	34	1	as	as	SCONJ
fueconorg-1774	34	2	this	this	DET
fueconorg-1774	34	3	sector	sector	NOUN
fueconorg-1774	34	4	did	do	AUX
fueconorg-1774	34	5	not	not	PART
fueconorg-1774	34	6	enjoy	enjoy	VERB
fueconorg-1774	34	7	the	the	DET
fueconorg-1774	34	8	benefits	benefit	NOUN
fueconorg-1774	34	9	of	of	ADP
fueconorg-1774	34	10	the	the	DET
fueconorg-1774	34	11	safety	safety	NOUN
fueconorg-1774	34	12	net	net	NOUN
fueconorg-1774	34	13	,	,	PUNCT
fueconorg-1774	34	14	during	during	ADP
fueconorg-1774	34	15	the	the	DET
fueconorg-1774	34	16	recent	recent	ADJ
fueconorg-1774	34	17	financial	financial	ADJ
fueconorg-1774	34	18	crisis	crisis	NOUN
fueconorg-1774	34	19	,	,	PUNCT
fueconorg-1774	34	20	it	it	PRON
fueconorg-1774	34	21	became	become	VERB
fueconorg-1774	34	22	the	the	DET
fueconorg-1774	34	23	subject	subject	NOUN
fueconorg-1774	34	24	of	of	ADP
fueconorg-1774	34	25	assault	assault	NOUN
fueconorg-1774	34	26	and	and	CCONJ
fueconorg-1774	34	27	it	it	PRON
fueconorg-1774	34	28	generated	generate	VERB
fueconorg-1774	34	29	a	a	DET
fueconorg-1774	34	30	significant	significant	ADJ
fueconorg-1774	34	31	risk	risk	NOUN
fueconorg-1774	34	32	to	to	ADP
fueconorg-1774	34	33	financial	financial	ADJ
fueconorg-1774	34	34	stability	stability	NOUN
fueconorg-1774	34	35	.	.	PUNCT
fueconorg-1774	35	1	the	the	DET
fueconorg-1774	35	2	development	development	NOUN
fueconorg-1774	35	3	of	of	ADP
fueconorg-1774	35	4	the	the	DET
fueconorg-1774	35	5	new	new	ADJ
fueconorg-1774	35	6	financial	financial	ADJ
fueconorg-1774	35	7	activities	activity	NOUN
fueconorg-1774	35	8	and	and	CCONJ
fueconorg-1774	35	9	institutions	institution	NOUN
fueconorg-1774	35	10	,	,	PUNCT
fueconorg-1774	35	11	internationalization	internationalization	NOUN
fueconorg-1774	35	12	and	and	CCONJ
fueconorg-1774	35	13	homogenization	homogenization	NOUN
fueconorg-1774	35	14	of	of	ADP
fueconorg-1774	35	15	financial	financial	ADJ
fueconorg-1774	35	16	activities	activity	NOUN
fueconorg-1774	35	17	led	lead	VERB
fueconorg-1774	35	18	to	to	ADP
fueconorg-1774	35	19	the	the	DET
fueconorg-1774	35	20	formation	formation	NOUN
fueconorg-1774	35	21	of	of	ADP
fueconorg-1774	35	22	financial	financial	ADJ
fueconorg-1774	35	23	conglomerates	conglomerate	NOUN
fueconorg-1774	35	24	,	,	PUNCT
fueconorg-1774	35	25	which	which	PRON
fueconorg-1774	35	26	united	unite	VERB
fueconorg-1774	35	27	banks	bank	NOUN
fueconorg-1774	35	28	and	and	CCONJ
fueconorg-1774	35	29	non	non	ADJ
fueconorg-1774	35	30	-	-	ADJ
fueconorg-1774	35	31	banking	banking	ADJ
fueconorg-1774	35	32	institutions	institution	NOUN
fueconorg-1774	35	33	(	(	PUNCT
fueconorg-1774	35	34	jovanić	jovanić	NOUN
fueconorg-1774	35	35	,	,	PUNCT
fueconorg-1774	35	36	2006	2006	NUM
fueconorg-1774	35	37	)	)	PUNCT
fueconorg-1774	35	38	.	.	PUNCT
fueconorg-1774	36	1	the	the	DET
fueconorg-1774	36	2	more	more	ADV
fueconorg-1774	36	3	important	important	ADJ
fueconorg-1774	36	4	relationship	relationship	NOUN
fueconorg-1774	36	5	of	of	ADP
fueconorg-1774	36	6	institutions	institution	NOUN
fueconorg-1774	36	7	within	within	ADP
fueconorg-1774	36	8	and	and	CCONJ
fueconorg-1774	36	9	between	between	ADP
fueconorg-1774	36	10	financial	financial	ADJ
fueconorg-1774	36	11	systems	system	NOUN
fueconorg-1774	36	12	,	,	PUNCT
fueconorg-1774	36	13	as	as	ADV
fueconorg-1774	36	14	well	well	ADV
fueconorg-1774	36	15	as	as	ADP
fueconorg-1774	36	16	a	a	DET
fueconorg-1774	36	17	significant	significant	ADJ
fueconorg-1774	36	18	number	number	NOUN
fueconorg-1774	36	19	of	of	ADP
fueconorg-1774	36	20	mergers	merger	NOUN
fueconorg-1774	36	21	and	and	CCONJ
fueconorg-1774	36	22	acquisitions	acquisition	NOUN
fueconorg-1774	36	23	in	in	ADP
fueconorg-1774	36	24	the	the	DET
fueconorg-1774	36	25	financial	financial	ADJ
fueconorg-1774	36	26	sector	sector	NOUN
fueconorg-1774	36	27	,	,	PUNCT
fueconorg-1774	36	28	left	leave	VERB
fueconorg-1774	36	29	the	the	DET
fueconorg-1774	36	30	creators	creator	NOUN
fueconorg-1774	36	31	of	of	ADP
fueconorg-1774	36	32	the	the	DET
fueconorg-1774	36	33	economic	economic	ADJ
fueconorg-1774	36	34	and	and	CCONJ
fueconorg-1774	36	35	financial	financial	ADJ
fueconorg-1774	36	36	policies	policy	NOUN
fueconorg-1774	36	37	without	without	ADP
fueconorg-1774	36	38	adequate	adequate	ADJ
fueconorg-1774	36	39	instruments	instrument	NOUN
fueconorg-1774	36	40	and	and	CCONJ
fueconorg-1774	36	41	tools	tool	NOUN
fueconorg-1774	36	42	to	to	PART
fueconorg-1774	36	43	preserve	preserve	VERB
fueconorg-1774	36	44	global	global	ADJ
fueconorg-1774	36	45	financial	financial	ADJ
fueconorg-1774	36	46	stability	stability	NOUN
fueconorg-1774	36	47	.	.	PUNCT
fueconorg-1774	37	1	in	in	ADP
fueconorg-1774	37	2	finance	finance	NOUN
fueconorg-1774	37	3	,	,	PUNCT
fueconorg-1774	37	4	not	not	PART
fueconorg-1774	37	5	every	every	DET
fueconorg-1774	37	6	efficiency	efficiency	NOUN
fueconorg-1774	37	7	drop	drop	VERB
fueconorg-1774	37	8	needs	need	VERB
fueconorg-1774	37	9	to	to	PART
fueconorg-1774	37	10	be	be	AUX
fueconorg-1774	37	11	followed	follow	VERB
fueconorg-1774	37	12	by	by	ADP
fueconorg-1774	37	13	an	an	DET
fueconorg-1774	37	14	immediate	immediate	ADJ
fueconorg-1774	37	15	intervention	intervention	NOUN
fueconorg-1774	37	16	.	.	PUNCT
fueconorg-1774	38	1	on	on	ADP
fueconorg-1774	38	2	the	the	DET
fueconorg-1774	38	3	other	other	ADJ
fueconorg-1774	38	4	hand	hand	NOUN
fueconorg-1774	38	5	,	,	PUNCT
fueconorg-1774	38	6	it	it	PRON
fueconorg-1774	38	7	is	be	AUX
fueconorg-1774	38	8	most	most	ADV
fueconorg-1774	38	9	certainly	certainly	ADV
fueconorg-1774	38	10	desirable	desirable	ADJ
fueconorg-1774	38	11	in	in	ADP
fueconorg-1774	38	12	situations	situation	NOUN
fueconorg-1774	38	13	when	when	SCONJ
fueconorg-1774	38	14	the	the	DET
fueconorg-1774	38	15	inefficiency	inefficiency	NOUN
fueconorg-1774	38	16	of	of	ADP
fueconorg-1774	38	17	the	the	DET
fueconorg-1774	38	18	market	market	NOUN
fueconorg-1774	38	19	represents	represent	VERB
fueconorg-1774	38	20	a	a	DET
fueconorg-1774	38	21	threat	threat	NOUN
fueconorg-1774	38	22	to	to	ADP
fueconorg-1774	38	23	financial	financial	ADJ
fueconorg-1774	38	24	stability	stability	NOUN
fueconorg-1774	38	25	.	.	PUNCT
fueconorg-1774	39	1	however	however	ADV
fueconorg-1774	39	2	,	,	PUNCT
fueconorg-1774	39	3	the	the	DET
fueconorg-1774	39	4	concept	concept	NOUN
fueconorg-1774	39	5	of	of	ADP
fueconorg-1774	39	6	an	an	DET
fueconorg-1774	39	7	adequate	adequate	ADJ
fueconorg-1774	39	8	framework	framework	NOUN
fueconorg-1774	39	9	for	for	ADP
fueconorg-1774	39	10	financial	financial	ADJ
fueconorg-1774	39	11	stability	stability	NOUN
fueconorg-1774	39	12	does	do	AUX
fueconorg-1774	39	13	not	not	PART
fueconorg-1774	39	14	aim	aim	VERB
fueconorg-1774	39	15	to	to	PART
fueconorg-1774	39	16	prevent	prevent	VERB
fueconorg-1774	39	17	all	all	DET
fueconorg-1774	39	18	possible	possible	ADJ
fueconorg-1774	39	19	risks	risk	NOUN
fueconorg-1774	39	20	in	in	ADP
fueconorg-1774	39	21	business	business	NOUN
fueconorg-1774	39	22	,	,	PUNCT
fueconorg-1774	39	23	and	and	CCONJ
fueconorg-1774	39	24	there	there	PRON
fueconorg-1774	39	25	are	be	VERB
fueconorg-1774	39	26	several	several	ADJ
fueconorg-1774	39	27	reasons	reason	NOUN
fueconorg-1774	39	28	why	why	SCONJ
fueconorg-1774	39	29	this	this	PRON
fueconorg-1774	39	30	is	be	AUX
fueconorg-1774	39	31	so	so	ADV
fueconorg-1774	39	32	.	.	PUNCT
fueconorg-1774	40	1	first	first	ADV
fueconorg-1774	40	2	,	,	PUNCT
fueconorg-1774	40	3	it	it	PRON
fueconorg-1774	40	4	is	be	AUX
fueconorg-1774	40	5	unrealistic	unrealistic	ADJ
fueconorg-1774	40	6	to	to	PART
fueconorg-1774	40	7	expect	expect	VERB
fueconorg-1774	40	8	that	that	SCONJ
fueconorg-1774	40	9	all	all	DET
fueconorg-1774	40	10	financial	financial	ADJ
fueconorg-1774	40	11	institutions	institution	NOUN
fueconorg-1774	40	12	will	will	AUX
fueconorg-1774	40	13	be	be	AUX
fueconorg-1774	40	14	able	able	ADJ
fueconorg-1774	40	15	to	to	PART
fueconorg-1774	40	16	manage	manage	VERB
fueconorg-1774	40	17	the	the	DET
fueconorg-1774	40	18	risks	risk	NOUN
fueconorg-1774	40	19	they	they	PRON
fueconorg-1774	40	20	face	face	VERB
fueconorg-1774	40	21	in	in	ADP
fueconorg-1774	40	22	their	their	PRON
fueconorg-1774	40	23	operations	operation	NOUN
fueconorg-1774	40	24	.	.	PUNCT
fueconorg-1774	41	1	second	second	ADJ
fueconorg-1774	41	2	,	,	PUNCT
fueconorg-1774	41	3	it	it	PRON
fueconorg-1774	41	4	is	be	AUX
fueconorg-1774	41	5	not	not	PART
fueconorg-1774	41	6	desirable	desirable	ADJ
fueconorg-1774	41	7	to	to	PART
fueconorg-1774	41	8	create	create	VERB
fueconorg-1774	41	9	and	and	CCONJ
fueconorg-1774	41	10	enforce	enforce	VERB
fueconorg-1774	41	11	mechanisms	mechanism	NOUN
fueconorg-1774	41	12	that	that	PRON
fueconorg-1774	41	13	are	be	AUX
fueconorg-1774	41	14	too	too	ADV
fueconorg-1774	41	15	protective	protective	ADJ
fueconorg-1774	41	16	,	,	PUNCT
fueconorg-1774	41	17	considering	consider	VERB
fueconorg-1774	41	18	that	that	SCONJ
fueconorg-1774	41	19	those	those	DET
fueconorg-1774	41	20	mechanisms	mechanism	NOUN
fueconorg-1774	41	21	suppress	suppress	VERB
fueconorg-1774	41	22	innovation	innovation	NOUN
fueconorg-1774	41	23	of	of	ADP
fueconorg-1774	41	24	institutions	institution	NOUN
fueconorg-1774	41	25	.	.	PUNCT
fueconorg-1774	42	1	in	in	ADP
fueconorg-1774	42	2	this	this	DET
fueconorg-1774	42	3	sense	sense	NOUN
fueconorg-1774	42	4	,	,	PUNCT
fueconorg-1774	42	5	achieving	achieve	VERB
fueconorg-1774	42	6	and	and	CCONJ
fueconorg-1774	42	7	maintaining	maintain	VERB
fueconorg-1774	42	8	financial	financial	ADJ
fueconorg-1774	42	9	stability	stability	NOUN
fueconorg-1774	42	10	needs	need	VERB
fueconorg-1774	42	11	to	to	PART
fueconorg-1774	42	12	be	be	AUX
fueconorg-1774	42	13	harmonized	harmonize	VERB
fueconorg-1774	42	14	with	with	ADP
fueconorg-1774	42	15	other	other	ADJ
fueconorg-1774	42	16	,	,	PUNCT
fueconorg-1774	42	17	perhaps	perhaps	ADV
fueconorg-1774	42	18	even	even	ADV
fueconorg-1774	42	19	more	more	ADV
fueconorg-1774	42	20	important	important	ADJ
fueconorg-1774	42	21	goals	goal	NOUN
fueconorg-1774	42	22	,	,	PUNCT
fueconorg-1774	42	23	such	such	ADJ
fueconorg-1774	42	24	as	as	ADP
fueconorg-1774	42	25	economic	economic	ADJ
fueconorg-1774	42	26	efficiency	efficiency	NOUN
fueconorg-1774	42	27	.	.	PUNCT
fueconorg-1774	43	1	this	this	PRON
fueconorg-1774	43	2	means	mean	VERB
fueconorg-1774	43	3	that	that	SCONJ
fueconorg-1774	43	4	finance	finance	NOUN
fueconorg-1774	43	5	should	should	AUX
fueconorg-1774	43	6	not	not	PART
fueconorg-1774	43	7	be	be	AUX
fueconorg-1774	43	8	an	an	DET
fueconorg-1774	43	9	end	end	NOUN
fueconorg-1774	43	10	in	in	ADP
fueconorg-1774	43	11	itself	itself	PRON
fueconorg-1774	43	12	,	,	PUNCT
fueconorg-1774	43	13	but	but	CCONJ
fueconorg-1774	43	14	also	also	ADV
fueconorg-1774	43	15	should	should	AUX
fueconorg-1774	43	16	support	support	VERB
fueconorg-1774	43	17	the	the	DET
fueconorg-1774	43	18	efficient	efficient	ADJ
fueconorg-1774	43	19	allocation	allocation	NOUN
fueconorg-1774	43	20	of	of	ADP
fueconorg-1774	43	21	resources	resource	NOUN
fueconorg-1774	43	22	in	in	ADP
fueconorg-1774	43	23	the	the	DET
fueconorg-1774	43	24	real	real	ADJ
fueconorg-1774	43	25	sector	sector	NOUN
fueconorg-1774	43	26	of	of	ADP
fueconorg-1774	43	27	the	the	DET
fueconorg-1774	43	28	economy	economy	NOUN
fueconorg-1774	43	29	.	.	PUNCT
fueconorg-1774	44	1	for	for	ADP
fueconorg-1774	44	2	this	this	DET
fueconorg-1774	44	3	reason	reason	NOUN
fueconorg-1774	44	4	,	,	PUNCT
fueconorg-1774	44	5	policymakers	policymaker	NOUN
fueconorg-1774	44	6	need	need	VERB
fueconorg-1774	44	7	to	to	PART
fueconorg-1774	44	8	establish	establish	VERB
fueconorg-1774	44	9	a	a	DET
fueconorg-1774	44	10	balance	balance	NOUN
fueconorg-1774	44	11	between	between	ADP
fueconorg-1774	44	12	stability	stability	NOUN
fueconorg-1774	44	13	and	and	CCONJ
fueconorg-1774	44	14	efficiency	efficiency	NOUN
fueconorg-1774	44	15	of	of	ADP
fueconorg-1774	44	16	the	the	DET
fueconorg-1774	44	17	financial	financial	ADJ
fueconorg-1774	44	18	system	system	NOUN
fueconorg-1774	44	19	.	.	PUNCT
fueconorg-1774	45	1	looking	look	VERB
fueconorg-1774	45	2	at	at	ADP
fueconorg-1774	45	3	the	the	DET
fueconorg-1774	45	4	characteristics	characteristic	NOUN
fueconorg-1774	45	5	of	of	ADP
fueconorg-1774	45	6	the	the	DET
fueconorg-1774	45	7	us	us	PROPN
fueconorg-1774	45	8	financial	financial	ADJ
fueconorg-1774	45	9	system	system	NOUN
fueconorg-1774	45	10	which	which	PRON
fueconorg-1774	45	11	is	be	AUX
fueconorg-1774	45	12	a	a	DET
fueconorg-1774	45	13	marketoriented	marketoriente	VERB
fueconorg-1774	45	14	,	,	PUNCT
fueconorg-1774	45	15	it	it	PRON
fueconorg-1774	45	16	is	be	AUX
fueconorg-1774	45	17	pointed	point	VERB
fueconorg-1774	45	18	out	out	ADP
fueconorg-1774	45	19	that	that	SCONJ
fueconorg-1774	45	20	the	the	DET
fueconorg-1774	45	21	efficiency	efficiency	NOUN
fueconorg-1774	45	22	of	of	ADP
fueconorg-1774	45	23	the	the	DET
fueconorg-1774	45	24	financial	financial	ADJ
fueconorg-1774	45	25	system	system	NOUN
fueconorg-1774	45	26	is	be	AUX
fueconorg-1774	45	27	achieved	achieve	VERB
fueconorg-1774	45	28	at	at	ADP
fueconorg-1774	45	29	the	the	DET
fueconorg-1774	45	30	expense	expense	NOUN
fueconorg-1774	45	31	of	of	ADP
fueconorg-1774	45	32	financial	financial	ADJ
fueconorg-1774	45	33	stability	stability	NOUN
fueconorg-1774	45	34	,	,	PUNCT
fueconorg-1774	45	35	which	which	PRON
fueconorg-1774	45	36	was	be	AUX
fueconorg-1774	45	37	confirmed	confirm	VERB
fueconorg-1774	45	38	during	during	ADP
fueconorg-1774	45	39	the	the	DET
fueconorg-1774	45	40	latest	late	ADJ
fueconorg-1774	45	41	financial	financial	ADJ
fueconorg-1774	45	42	crisis	crisis	NOUN
fueconorg-1774	45	43	.	.	PUNCT
fueconorg-1774	46	1	in	in	ADP
fueconorg-1774	46	2	this	this	DET
fueconorg-1774	46	3	sense	sense	NOUN
fueconorg-1774	46	4	,	,	PUNCT
fueconorg-1774	46	5	it	it	PRON
fueconorg-1774	46	6	is	be	AUX
fueconorg-1774	46	7	important	important	ADJ
fueconorg-1774	46	8	to	to	PART
fueconorg-1774	46	9	identify	identify	VERB
fueconorg-1774	46	10	potential	potential	ADJ
fueconorg-1774	46	11	threats	threat	NOUN
fueconorg-1774	46	12	to	to	ADP
fueconorg-1774	46	13	financial	financial	ADJ
fueconorg-1774	46	14	stability	stability	NOUN
fueconorg-1774	46	15	at	at	ADP
fueconorg-1774	46	16	an	an	DET
fueconorg-1774	46	17	early	early	ADJ
fueconorg-1774	46	18	stage	stage	NOUN
fueconorg-1774	46	19	.	.	PUNCT
fueconorg-1774	47	1	setting	set	VERB
fueconorg-1774	47	2	up	up	ADP
fueconorg-1774	47	3	the	the	DET
fueconorg-1774	47	4	concept	concept	NOUN
fueconorg-1774	47	5	of	of	ADP
fueconorg-1774	47	6	an	an	DET
fueconorg-1774	47	7	adequate	adequate	ADJ
fueconorg-1774	47	8	framework	framework	NOUN
fueconorg-1774	47	9	for	for	ADP
fueconorg-1774	47	10	maintaining	maintain	VERB
fueconorg-1774	47	11	and	and	CCONJ
fueconorg-1774	47	12	strengthening	strengthen	VERB
fueconorg-1774	47	13	financial	financial	ADJ
fueconorg-1774	47	14	stability	stability	NOUN
fueconorg-1774	47	15	requires	require	VERB
fueconorg-1774	47	16	defining	define	VERB
fueconorg-1774	47	17	relevant	relevant	ADJ
fueconorg-1774	47	18	concepts	concept	NOUN
fueconorg-1774	47	19	,	,	PUNCT
fueconorg-1774	47	20	such	such	ADJ
fueconorg-1774	47	21	as	as	ADP
fueconorg-1774	47	22	financial	financial	ADJ
fueconorg-1774	47	23	systems	system	NOUN
fueconorg-1774	47	24	,	,	PUNCT
fueconorg-1774	47	25	financial	financial	ADJ
fueconorg-1774	47	26	stability	stability	NOUN
fueconorg-1774	47	27	and	and	CCONJ
fueconorg-1774	47	28	systemic	systemic	ADJ
fueconorg-1774	47	29	risk	risk	NOUN
fueconorg-1774	47	30	.	.	PUNCT
fueconorg-1774	48	1	in	in	ADP
fueconorg-1774	48	2	the	the	DET
fueconorg-1774	48	3	broadest	broad	ADJ
fueconorg-1774	48	4	sense	sense	NOUN
fueconorg-1774	48	5	,	,	PUNCT
fueconorg-1774	48	6	the	the	DET
fueconorg-1774	48	7	financial	financial	ADJ
fueconorg-1774	48	8	system	system	NOUN
fueconorg-1774	48	9	is	be	AUX
fueconorg-1774	48	10	composed	compose	VERB
fueconorg-1774	48	11	of	of	ADP
fueconorg-1774	48	12	three	three	NUM
fueconorg-1774	48	13	separate	separate	ADJ
fueconorg-1774	48	14	,	,	PUNCT
fueconorg-1774	48	15	but	but	CCONJ
fueconorg-1774	48	16	closely	closely	ADV
fueconorg-1774	48	17	related	related	ADJ
fueconorg-1774	48	18	components	component	NOUN
fueconorg-1774	48	19	:	:	PUNCT
fueconorg-1774	48	20	financial	financial	ADJ
fueconorg-1774	48	21	institutions	institution	NOUN
fueconorg-1774	48	22	,	,	PUNCT
fueconorg-1774	48	23	financial	financial	ADJ
fueconorg-1774	48	24	markets	market	NOUN
fueconorg-1774	48	25	and	and	CCONJ
fueconorg-1774	48	26	financial	financial	ADJ
fueconorg-1774	48	27	infrastructure	infrastructure	NOUN
fueconorg-1774	48	28	.	.	PUNCT
fueconorg-1774	49	1	the	the	DET
fueconorg-1774	49	2	financial	financial	ADJ
fueconorg-1774	49	3	system	system	NOUN
fueconorg-1774	49	4	is	be	AUX
fueconorg-1774	49	5	considered	consider	VERB
fueconorg-1774	49	6	stable	stable	ADJ
fueconorg-1774	49	7	if	if	SCONJ
fueconorg-1774	49	8	it	it	PRON
fueconorg-1774	49	9	enhances	enhance	VERB
fueconorg-1774	49	10	(	(	PUNCT
fueconorg-1774	49	11	rather	rather	ADV
fueconorg-1774	49	12	than	than	ADP
fueconorg-1774	49	13	worsens	worsens	ADJ
fueconorg-1774	49	14	)	)	PUNCT
fueconorg-1774	49	15	economic	economic	ADJ
fueconorg-1774	49	16	performance	performance	NOUN
fueconorg-1774	49	17	and	and	CCONJ
fueconorg-1774	49	18	is	be	AUX
fueconorg-1774	49	19	resistant	resistant	ADJ
fueconorg-1774	49	20	to	to	ADP
fueconorg-1774	49	21	internal	internal	ADJ
fueconorg-1774	49	22	and	and	CCONJ
fueconorg-1774	49	23	external	external	ADJ
fueconorg-1774	49	24	shocks	shock	NOUN
fueconorg-1774	49	25	(	(	PUNCT
fueconorg-1774	49	26	schinasi	schinasi	NOUN
fueconorg-1774	49	27	,	,	PUNCT
fueconorg-1774	49	28	2004	2004	NUM
fueconorg-1774	49	29	)	)	PUNCT
fueconorg-1774	49	30	.	.	PUNCT
fueconorg-1774	50	1	there	there	PRON
fueconorg-1774	50	2	are	be	VERB
fueconorg-1774	50	3	several	several	ADJ
fueconorg-1774	50	4	important	important	ADJ
fueconorg-1774	50	5	implications	implication	NOUN
fueconorg-1774	50	6	of	of	ADP
fueconorg-1774	50	7	defining	define	VERB
fueconorg-1774	50	8	financial	financial	ADJ
fueconorg-1774	50	9	stability	stability	NOUN
fueconorg-1774	50	10	in	in	ADP
fueconorg-1774	50	11	this	this	DET
fueconorg-1774	50	12	way	way	NOUN
fueconorg-1774	50	13	.	.	PUNCT
fueconorg-1774	51	1	firstly	firstly	ADV
fueconorg-1774	51	2	,	,	PUNCT
fueconorg-1774	51	3	the	the	DET
fueconorg-1774	51	4	assessment	assessment	NOUN
fueconorg-1774	51	5	of	of	ADP
fueconorg-1774	51	6	the	the	DET
fueconorg-1774	51	7	performance	performance	NOUN
fueconorg-1774	51	8	of	of	ADP
fueconorg-1774	51	9	the	the	DET
fueconorg-1774	51	10	financial	financial	ADJ
fueconorg-1774	51	11	system	system	NOUN
fueconorg-1774	51	12	shows	show	VERB
fueconorg-1774	51	13	the	the	DET
fueconorg-1774	51	14	extent	extent	NOUN
fueconorg-1774	51	15	to	to	PART
fueconorg-1774	51	16	which	which	PRON
fueconorg-1774	51	17	the	the	DET
fueconorg-1774	51	18	financial	financial	ADJ
fueconorg-1774	51	19	system	system	NOUN
fueconorg-1774	51	20	facilitates	facilitate	VERB
fueconorg-1774	51	21	the	the	DET
fueconorg-1774	51	22	allocation	allocation	NOUN
fueconorg-1774	51	23	of	of	ADP
fueconorg-1774	51	24	economic	economic	ADJ
fueconorg-1774	51	25	resources	resource	NOUN
fueconorg-1774	51	26	,	,	PUNCT
fueconorg-1774	51	27	savings	saving	NOUN
fueconorg-1774	51	28	and	and	CCONJ
fueconorg-1774	51	29	investment	investment	NOUN
fueconorg-1774	51	30	processes	process	NOUN
fueconorg-1774	51	31	,	,	PUNCT
fueconorg-1774	51	32	and	and	CCONJ
fueconorg-1774	51	33	ultimately	ultimately	ADV
fueconorg-1774	51	34	economic	economic	ADJ
fueconorg-1774	51	35	growth	growth	NOUN
fueconorg-1774	51	36	.	.	PUNCT
fueconorg-1774	52	1	however	however	ADV
fueconorg-1774	52	2	,	,	PUNCT
fueconorg-1774	52	3	this	this	PRON
fueconorg-1774	52	4	is	be	AUX
fueconorg-1774	52	5	a	a	DET
fueconorg-1774	52	6	two	two	NUM
fueconorg-1774	52	7	-	-	PUNCT
fueconorg-1774	52	8	way	way	NOUN
fueconorg-1774	52	9	relationship	relationship	NOUN
fueconorg-1774	52	10	,	,	PUNCT
fueconorg-1774	52	11	meaning	mean	VERB
fueconorg-1774	52	12	that	that	SCONJ
fueconorg-1774	52	13	the	the	DET
fueconorg-1774	52	14	real	real	ADJ
fueconorg-1774	52	15	sector	sector	NOUN
fueconorg-1774	52	16	of	of	ADP
fueconorg-1774	52	17	the	the	DET
fueconorg-1774	52	18	economy	economy	NOUN
fueconorg-1774	52	19	can	can	AUX
fueconorg-1774	52	20	have	have	VERB
fueconorg-1774	52	21	a	a	DET
fueconorg-1774	52	22	positive	positive	ADJ
fueconorg-1774	52	23	or	or	CCONJ
fueconorg-1774	52	24	negative	negative	ADJ
fueconorg-1774	52	25	impact	impact	NOUN
fueconorg-1774	52	26	on	on	ADP
fueconorg-1774	52	27	the	the	DET
fueconorg-1774	52	28	financial	financial	ADJ
fueconorg-1774	52	29	system	system	NOUN
fueconorg-1774	52	30	,	,	PUNCT
fueconorg-1774	52	31	which	which	PRON
fueconorg-1774	52	32	has	have	VERB
fueconorg-1774	52	33	to	to	PART
fueconorg-1774	52	34	be	be	AUX
fueconorg-1774	52	35	taken	take	VERB
fueconorg-1774	52	36	into	into	ADP
fueconorg-1774	52	37	consideration	consideration	NOUN
fueconorg-1774	52	38	when	when	SCONJ
fueconorg-1774	52	39	designing	design	VERB
fueconorg-1774	52	40	a	a	DET
fueconorg-1774	52	41	framework	framework	NOUN
fueconorg-1774	52	42	for	for	ADP
fueconorg-1774	52	43	evaluating	evaluate	VERB
fueconorg-1774	52	44	and	and	CCONJ
fueconorg-1774	52	45	improving	improve	VERB
fueconorg-1774	52	46	financial	financial	ADJ
fueconorg-1774	52	47	stability	stability	NOUN
fueconorg-1774	52	48	.	.	PUNCT
fueconorg-1774	53	1	secondly	secondly	ADV
fueconorg-1774	53	2	,	,	PUNCT
fueconorg-1774	53	3	it	it	PRON
fueconorg-1774	53	4	should	should	AUX
fueconorg-1774	53	5	be	be	AUX
fueconorg-1774	53	6	noted	note	VERB
fueconorg-1774	53	7	that	that	SCONJ
fueconorg-1774	53	8	the	the	DET
fueconorg-1774	53	9	disorder	disorder	NOUN
fueconorg-1774	53	10	and	and	CCONJ
fueconorg-1774	53	11	instability	instability	NOUN
fueconorg-1774	53	12	in	in	ADP
fueconorg-1774	53	13	any	any	PRON
fueconorg-1774	53	14	of	of	ADP
fueconorg-1774	53	15	the	the	DET
fueconorg-1774	53	16	components	component	NOUN
fueconorg-1774	53	17	of	of	ADP
fueconorg-1774	53	18	the	the	DET
fueconorg-1774	53	19	financial	financial	ADJ
fueconorg-1774	53	20	system	system	NOUN
fueconorg-1774	53	21	do	do	AUX
fueconorg-1774	53	22	not	not	PART
fueconorg-1774	53	23	pose	pose	VERB
fueconorg-1774	53	24	a	a	DET
fueconorg-1774	53	25	threat	threat	NOUN
fueconorg-1774	53	26	to	to	ADP
fueconorg-1774	53	27	financial	financial	ADJ
fueconorg-1774	53	28	stability	stability	NOUN
fueconorg-1774	53	29	,	,	PUNCT
fueconorg-1774	53	30	unless	unless	SCONJ
fueconorg-1774	53	31	it	it	PRON
fueconorg-1774	53	32	leads	lead	VERB
fueconorg-1774	53	33	to	to	ADP
fueconorg-1774	53	34	negative	negative	ADJ
fueconorg-1774	53	35	implications	implication	NOUN
fueconorg-1774	53	36	for	for	ADP
fueconorg-1774	53	37	the	the	DET
fueconorg-1774	53	38	real	real	ADJ
fueconorg-1774	53	39	sector	sector	NOUN
fueconorg-1774	53	40	of	of	ADP
fueconorg-1774	53	41	the	the	DET
fueconorg-1774	53	42	economy	economy	NOUN
fueconorg-1774	53	43	.	.	PUNCT
fueconorg-1774	54	1	from	from	ADP
fueconorg-1774	54	2	the	the	DET
fueconorg-1774	54	3	point	point	NOUN
fueconorg-1774	54	4	of	of	ADP
fueconorg-1774	54	5	view	view	NOUN
fueconorg-1774	54	6	of	of	ADP
fueconorg-1774	54	7	financial	financial	ADJ
fueconorg-1774	54	8	stability	stability	NOUN
fueconorg-1774	54	9	,	,	PUNCT
fueconorg-1774	54	10	shutting	shut	VERB
fueconorg-1774	54	11	down	down	ADP
fueconorg-1774	54	12	less	less	ADV
fueconorg-1774	54	13	efficient	efficient	ADJ
fueconorg-1774	54	14	markets	market	NOUN
fueconorg-1774	54	15	and	and	CCONJ
fueconorg-1774	54	16	financial	financial	ADJ
fueconorg-1774	54	17	institutions	institution	NOUN
fueconorg-1774	54	18	is	be	AUX
fueconorg-1774	54	19	even	even	ADV
fueconorg-1774	54	20	desirable	desirable	ADJ
fueconorg-1774	54	21	.	.	PUNCT
fueconorg-1774	55	1	as	as	ADP
fueconorg-1774	55	2	in	in	ADP
fueconorg-1774	55	3	schumpeter	schumpeter	NOUN
fueconorg-1774	55	4	(	(	PUNCT
fueconorg-1774	55	5	1934	1934	NUM
fueconorg-1774	55	6	)	)	PUNCT
fueconorg-1774	55	7	business	business	NOUN
fueconorg-1774	55	8	cycles	cycle	NOUN
fueconorg-1774	55	9	,	,	PUNCT
fueconorg-1774	55	10	where	where	SCONJ
fueconorg-1774	55	11	the	the	DET
fueconorg-1774	55	12	adoption	adoption	NOUN
fueconorg-1774	55	13	of	of	ADP
fueconorg-1774	55	14	new	new	ADJ
fueconorg-1774	55	15	technologies	technology	NOUN
fueconorg-1774	55	16	has	have	VERB
fueconorg-1774	55	17	both	both	CCONJ
fueconorg-1774	55	18	its	its	PRON
fueconorg-1774	55	19	constructive	constructive	ADJ
fueconorg-1774	55	20	and	and	CCONJ
fueconorg-1774	55	21	destructive	destructive	ADJ
fueconorg-1774	55	22	implications	implication	NOUN
fueconorg-1774	55	23	,	,	PUNCT
fueconorg-1774	55	24	the	the	DET
fueconorg-1774	55	25	134	134	NUM
fueconorg-1774	55	26	m.	m.	NOUN
fueconorg-1774	55	27	jemović	jemović	PROPN
fueconorg-1774	55	28	,	,	PUNCT
fueconorg-1774	55	29	s.	s.	PROPN
fueconorg-1774	55	30	marinković	marinković	PROPN
fueconorg-1774	55	31	specific	specific	ADJ
fueconorg-1774	55	32	situation	situation	NOUN
fueconorg-1774	55	33	of	of	ADP
fueconorg-1774	55	34	instability	instability	NOUN
fueconorg-1774	55	35	can	can	AUX
fueconorg-1774	55	36	be	be	AUX
fueconorg-1774	55	37	occasionally	occasionally	ADV
fueconorg-1774	55	38	tolerated	tolerate	VERB
fueconorg-1774	55	39	if	if	SCONJ
fueconorg-1774	55	40	that	that	PRON
fueconorg-1774	55	41	will	will	AUX
fueconorg-1774	55	42	contribute	contribute	VERB
fueconorg-1774	55	43	to	to	ADP
fueconorg-1774	55	44	the	the	DET
fueconorg-1774	55	45	long	long	ADJ
fueconorg-1774	55	46	-	-	PUNCT
fueconorg-1774	55	47	term	term	NOUN
fueconorg-1774	55	48	efficiency	efficiency	NOUN
fueconorg-1774	55	49	of	of	ADP
fueconorg-1774	55	50	the	the	DET
fueconorg-1774	55	51	financial	financial	ADJ
fueconorg-1774	55	52	system	system	NOUN
fueconorg-1774	55	53	.	.	PUNCT
fueconorg-1774	56	1	third	third	ADJ
fueconorg-1774	56	2	,	,	PUNCT
fueconorg-1774	56	3	not	not	PART
fueconorg-1774	56	4	only	only	ADV
fueconorg-1774	56	5	does	do	AUX
fueconorg-1774	56	6	financial	financial	ADJ
fueconorg-1774	56	7	stability	stability	NOUN
fueconorg-1774	56	8	exist	exist	VERB
fueconorg-1774	56	9	when	when	SCONJ
fueconorg-1774	56	10	the	the	DET
fueconorg-1774	56	11	financial	financial	ADJ
fueconorg-1774	56	12	system	system	NOUN
fueconorg-1774	56	13	adequately	adequately	ADV
fueconorg-1774	56	14	performs	perform	VERB
fueconorg-1774	56	15	its	its	PRON
fueconorg-1774	56	16	role	role	NOUN
fueconorg-1774	56	17	in	in	ADP
fueconorg-1774	56	18	mobilizing	mobilize	VERB
fueconorg-1774	56	19	and	and	CCONJ
fueconorg-1774	56	20	allocating	allocate	VERB
fueconorg-1774	56	21	financial	financial	ADJ
fueconorg-1774	56	22	surpluses	surplus	NOUN
fueconorg-1774	56	23	,	,	PUNCT
fueconorg-1774	56	24	transforming	transform	VERB
fueconorg-1774	56	25	and	and	CCONJ
fueconorg-1774	56	26	managing	manage	VERB
fueconorg-1774	56	27	risks	risk	NOUN
fueconorg-1774	56	28	,	,	PUNCT
fueconorg-1774	56	29	but	but	CCONJ
fueconorg-1774	56	30	also	also	ADV
fueconorg-1774	56	31	when	when	SCONJ
fueconorg-1774	56	32	the	the	DET
fueconorg-1774	56	33	payment	payment	NOUN
fueconorg-1774	56	34	system	system	NOUN
fueconorg-1774	56	35	functions	function	NOUN
fueconorg-1774	56	36	efficiently	efficiently	ADV
fueconorg-1774	56	37	.	.	PUNCT
fueconorg-1774	57	1	this	this	PRON
fueconorg-1774	57	2	means	mean	VERB
fueconorg-1774	57	3	that	that	SCONJ
fueconorg-1774	57	4	the	the	DET
fueconorg-1774	57	5	money	money	NOUN
fueconorg-1774	57	6	,	,	PUNCT
fueconorg-1774	57	7	both	both	CCONJ
fueconorg-1774	57	8	the	the	DET
fueconorg-1774	57	9	central	central	ADJ
fueconorg-1774	57	10	bank	bank	NOUN
fueconorg-1774	57	11	money	money	NOUN
fueconorg-1774	57	12	,	,	PUNCT
fueconorg-1774	57	13	and	and	CCONJ
fueconorg-1774	57	14	its	its	PRON
fueconorg-1774	57	15	close	close	ADJ
fueconorg-1774	57	16	substitutes	substitute	NOUN
fueconorg-1774	57	17	,	,	PUNCT
fueconorg-1774	57	18	properly	properly	ADV
fueconorg-1774	57	19	serves	serve	VERB
fueconorg-1774	57	20	its	its	PRON
fueconorg-1774	57	21	purposes	purpose	NOUN
fueconorg-1774	57	22	as	as	ADP
fueconorg-1774	57	23	a	a	DET
fueconorg-1774	57	24	means	means	NOUN
fueconorg-1774	57	25	of	of	ADP
fueconorg-1774	57	26	payment	payment	NOUN
fueconorg-1774	57	27	,	,	PUNCT
fueconorg-1774	57	28	billing	billing	NOUN
fueconorg-1774	57	29	unit	unit	NOUN
fueconorg-1774	57	30	and	and	CCONJ
fueconorg-1774	57	31	a	a	DET
fueconorg-1774	57	32	value	value	NOUN
fueconorg-1774	57	33	keeper	keeper	NOUN
fueconorg-1774	57	34	.	.	PUNCT
fueconorg-1774	58	1	since	since	SCONJ
fueconorg-1774	58	2	this	this	DET
fueconorg-1774	58	3	part	part	NOUN
fueconorg-1774	58	4	represents	represent	VERB
fueconorg-1774	58	5	a	a	DET
fueconorg-1774	58	6	vital	vital	ADJ
fueconorg-1774	58	7	part	part	NOUN
fueconorg-1774	58	8	of	of	ADP
fueconorg-1774	58	9	monetary	monetary	ADJ
fueconorg-1774	58	10	stability	stability	NOUN
fueconorg-1774	58	11	,	,	PUNCT
fueconorg-1774	58	12	the	the	DET
fueconorg-1774	58	13	financial	financial	ADJ
fueconorg-1774	58	14	and	and	CCONJ
fueconorg-1774	58	15	monetary	monetary	ADJ
fueconorg-1774	58	16	stability	stability	NOUN
fueconorg-1774	58	17	overlap	overlap	VERB
fueconorg-1774	58	18	to	to	ADP
fueconorg-1774	58	19	a	a	DET
fueconorg-1774	58	20	large	large	ADJ
fueconorg-1774	58	21	extent	extent	NOUN
fueconorg-1774	58	22	.	.	PUNCT
fueconorg-1774	59	1	fourth	fourth	ADJ
fueconorg-1774	59	2	,	,	PUNCT
fueconorg-1774	59	3	financial	financial	ADJ
fueconorg-1774	59	4	stability	stability	NOUN
fueconorg-1774	59	5	means	mean	VERB
fueconorg-1774	59	6	the	the	DET
fueconorg-1774	59	7	absence	absence	NOUN
fueconorg-1774	59	8	of	of	ADP
fueconorg-1774	59	9	the	the	DET
fueconorg-1774	59	10	financial	financial	ADJ
fueconorg-1774	59	11	crisis	crisis	NOUN
fueconorg-1774	59	12	and	and	CCONJ
fueconorg-1774	59	13	the	the	DET
fueconorg-1774	59	14	ability	ability	NOUN
fueconorg-1774	59	15	of	of	ADP
fueconorg-1774	59	16	the	the	DET
fueconorg-1774	59	17	financial	financial	ADJ
fueconorg-1774	59	18	system	system	NOUN
fueconorg-1774	59	19	to	to	PART
fueconorg-1774	59	20	manage	manage	VERB
fueconorg-1774	59	21	the	the	DET
fueconorg-1774	59	22	imbalances	imbalance	NOUN
fueconorg-1774	59	23	before	before	SCONJ
fueconorg-1774	59	24	they	they	PRON
fueconorg-1774	59	25	become	become	VERB
fueconorg-1774	59	26	a	a	DET
fueconorg-1774	59	27	threat	threat	NOUN
fueconorg-1774	59	28	to	to	ADP
fueconorg-1774	59	29	financial	financial	ADJ
fueconorg-1774	59	30	stability	stability	NOUN
fueconorg-1774	59	31	.	.	PUNCT
fueconorg-1774	60	1	and	and	CCONJ
fueconorg-1774	60	2	last	last	ADJ
fueconorg-1774	60	3	but	but	CCONJ
fueconorg-1774	60	4	not	not	PART
fueconorg-1774	60	5	least	least	ADJ
fueconorg-1774	60	6	,	,	PUNCT
fueconorg-1774	60	7	financial	financial	ADJ
fueconorg-1774	60	8	stability	stability	NOUN
fueconorg-1774	60	9	can	can	AUX
fueconorg-1774	60	10	be	be	AUX
fueconorg-1774	60	11	seen	see	VERB
fueconorg-1774	60	12	as	as	ADP
fueconorg-1774	60	13	a	a	DET
fueconorg-1774	60	14	phenomenon	phenomenon	NOUN
fueconorg-1774	60	15	in	in	ADP
fueconorg-1774	60	16	time	time	NOUN
fueconorg-1774	60	17	reflecting	reflect	VERB
fueconorg-1774	60	18	different	different	ADJ
fueconorg-1774	60	19	status	status	NOUN
fueconorg-1774	60	20	combinations	combination	NOUN
fueconorg-1774	60	21	of	of	ADP
fueconorg-1774	60	22	the	the	DET
fueconorg-1774	60	23	constituent	constituent	ADJ
fueconorg-1774	60	24	parts	part	NOUN
fueconorg-1774	60	25	of	of	ADP
fueconorg-1774	60	26	the	the	DET
fueconorg-1774	60	27	financial	financial	ADJ
fueconorg-1774	60	28	system	system	NOUN
fueconorg-1774	60	29	.	.	PUNCT
fueconorg-1774	61	1	one	one	NUM
fueconorg-1774	61	2	of	of	ADP
fueconorg-1774	61	3	the	the	DET
fueconorg-1774	61	4	implications	implication	NOUN
fueconorg-1774	61	5	of	of	ADP
fueconorg-1774	61	6	observing	observe	VERB
fueconorg-1774	61	7	financial	financial	ADJ
fueconorg-1774	61	8	stability	stability	NOUN
fueconorg-1774	61	9	in	in	ADP
fueconorg-1774	61	10	this	this	DET
fueconorg-1774	61	11	way	way	NOUN
fueconorg-1774	61	12	is	be	AUX
fueconorg-1774	61	13	that	that	SCONJ
fueconorg-1774	61	14	maintaining	maintain	VERB
fueconorg-1774	61	15	financial	financial	ADJ
fueconorg-1774	61	16	stability	stability	NOUN
fueconorg-1774	61	17	does	do	AUX
fueconorg-1774	61	18	not	not	PART
fueconorg-1774	61	19	necessarily	necessarily	ADV
fueconorg-1774	61	20	require	require	VERB
fueconorg-1774	61	21	that	that	SCONJ
fueconorg-1774	61	22	every	every	DET
fueconorg-1774	61	23	part	part	NOUN
fueconorg-1774	61	24	of	of	ADP
fueconorg-1774	61	25	the	the	DET
fueconorg-1774	61	26	financial	financial	ADJ
fueconorg-1774	61	27	system	system	NOUN
fueconorg-1774	61	28	operates	operate	VERB
fueconorg-1774	61	29	continuously	continuously	ADV
fueconorg-1774	61	30	with	with	ADP
fueconorg-1774	61	31	maximum	maximum	ADJ
fueconorg-1774	61	32	performance	performance	NOUN
fueconorg-1774	61	33	.	.	PUNCT
fueconorg-1774	62	1	the	the	DET
fueconorg-1774	62	2	continuum	continuum	ADJ
fueconorg-1774	62	3	concept	concept	NOUN
fueconorg-1774	62	4	becomes	become	VERB
fueconorg-1774	62	5	relevant	relevant	ADJ
fueconorg-1774	62	6	in	in	ADP
fueconorg-1774	62	7	the	the	DET
fueconorg-1774	62	8	analysis	analysis	NOUN
fueconorg-1774	62	9	of	of	ADP
fueconorg-1774	62	10	the	the	DET
fueconorg-1774	62	11	financial	financial	ADJ
fueconorg-1774	62	12	system	system	NOUN
fueconorg-1774	62	13	,	,	PUNCT
fueconorg-1774	62	14	because	because	SCONJ
fueconorg-1774	62	15	the	the	DET
fueconorg-1774	62	16	uncertainty	uncertainty	NOUN
fueconorg-1774	62	17	and	and	CCONJ
fueconorg-1774	62	18	risk	risk	NOUN
fueconorg-1774	62	19	are	be	AUX
fueconorg-1774	62	20	constantly	constantly	ADV
fueconorg-1774	62	21	present	present	ADJ
fueconorg-1774	62	22	,	,	PUNCT
fueconorg-1774	62	23	dynamic	dynamic	ADJ
fueconorg-1774	62	24	(	(	PUNCT
fueconorg-1774	62	25	intertemporal	intertemporal	ADJ
fueconorg-1774	62	26	and	and	CCONJ
fueconorg-1774	62	27	innovative	innovative	ADJ
fueconorg-1774	62	28	)	)	PUNCT
fueconorg-1774	62	29	and	and	CCONJ
fueconorg-1774	62	30	they	they	PRON
fueconorg-1774	62	31	consist	consist	VERB
fueconorg-1774	62	32	of	of	ADP
fueconorg-1774	62	33	many	many	ADJ
fueconorg-1774	62	34	interconnected	interconnected	ADJ
fueconorg-1774	62	35	elements	element	NOUN
fueconorg-1774	62	36	(	(	PUNCT
fueconorg-1774	62	37	infrastructure	infrastructure	NOUN
fueconorg-1774	62	38	,	,	PUNCT
fueconorg-1774	62	39	institutions	institution	NOUN
fueconorg-1774	62	40	and	and	CCONJ
fueconorg-1774	62	41	markets	market	NOUN
fueconorg-1774	62	42	)	)	PUNCT
fueconorg-1774	62	43	.	.	PUNCT
fueconorg-1774	63	1	financial	financial	ADJ
fueconorg-1774	63	2	stability	stability	NOUN
fueconorg-1774	63	3	is	be	AUX
fueconorg-1774	63	4	a	a	DET
fueconorg-1774	63	5	fundamental	fundamental	ADJ
fueconorg-1774	63	6	precondition	precondition	NOUN
fueconorg-1774	63	7	for	for	ADP
fueconorg-1774	63	8	the	the	DET
fueconorg-1774	63	9	development	development	NOUN
fueconorg-1774	63	10	of	of	ADP
fueconorg-1774	63	11	any	any	DET
fueconorg-1774	63	12	economy	economy	NOUN
fueconorg-1774	63	13	,	,	PUNCT
fueconorg-1774	63	14	and	and	CCONJ
fueconorg-1774	63	15	that	that	PRON
fueconorg-1774	63	16	is	be	AUX
fueconorg-1774	63	17	why	why	SCONJ
fueconorg-1774	63	18	regulatory	regulatory	ADJ
fueconorg-1774	63	19	agencies	agency	NOUN
fueconorg-1774	63	20	continuously	continuously	ADV
fueconorg-1774	63	21	monitor	monitor	VERB
fueconorg-1774	63	22	the	the	DET
fueconorg-1774	63	23	risks	risk	NOUN
fueconorg-1774	63	24	that	that	PRON
fueconorg-1774	63	25	threaten	threaten	VERB
fueconorg-1774	63	26	financial	financial	ADJ
fueconorg-1774	63	27	stability	stability	NOUN
fueconorg-1774	63	28	.	.	PUNCT
fueconorg-1774	64	1	this	this	PRON
fueconorg-1774	64	2	includes	include	VERB
fueconorg-1774	64	3	a	a	DET
fueconorg-1774	64	4	two	two	NUM
fueconorg-1774	64	5	-	-	PUNCT
fueconorg-1774	64	6	dimensional	dimensional	ADJ
fueconorg-1774	64	7	approach	approach	NOUN
fueconorg-1774	64	8	where	where	SCONJ
fueconorg-1774	64	9	risks	risk	NOUN
fueconorg-1774	64	10	are	be	AUX
fueconorg-1774	64	11	monitored	monitor	VERB
fueconorg-1774	64	12	both	both	CCONJ
fueconorg-1774	64	13	at	at	ADP
fueconorg-1774	64	14	the	the	DET
fueconorg-1774	64	15	level	level	NOUN
fueconorg-1774	64	16	of	of	ADP
fueconorg-1774	64	17	individual	individual	ADJ
fueconorg-1774	64	18	financial	financial	ADJ
fueconorg-1774	64	19	institutions	institution	NOUN
fueconorg-1774	64	20	and	and	CCONJ
fueconorg-1774	64	21	at	at	ADP
fueconorg-1774	64	22	the	the	DET
fueconorg-1774	64	23	level	level	NOUN
fueconorg-1774	64	24	of	of	ADP
fueconorg-1774	64	25	the	the	DET
fueconorg-1774	64	26	overall	overall	ADJ
fueconorg-1774	64	27	financial	financial	ADJ
fueconorg-1774	64	28	system	system	NOUN
fueconorg-1774	64	29	.	.	PUNCT
fueconorg-1774	65	1	this	this	DET
fueconorg-1774	65	2	kind	kind	NOUN
fueconorg-1774	65	3	of	of	ADP
fueconorg-1774	65	4	approach	approach	NOUN
fueconorg-1774	65	5	is	be	AUX
fueconorg-1774	65	6	used	use	VERB
fueconorg-1774	65	7	so	so	SCONJ
fueconorg-1774	65	8	that	that	SCONJ
fueconorg-1774	65	9	the	the	DET
fueconorg-1774	65	10	problems	problem	NOUN
fueconorg-1774	65	11	that	that	PRON
fueconorg-1774	65	12	individual	individual	ADJ
fueconorg-1774	65	13	institutions	institution	NOUN
fueconorg-1774	65	14	are	be	AUX
fueconorg-1774	65	15	facing	face	VERB
fueconorg-1774	65	16	can	can	AUX
fueconorg-1774	65	17	be	be	AUX
fueconorg-1774	65	18	avoided	avoid	VERB
fueconorg-1774	65	19	before	before	SCONJ
fueconorg-1774	65	20	they	they	PRON
fueconorg-1774	65	21	become	become	VERB
fueconorg-1774	65	22	problems	problem	NOUN
fueconorg-1774	65	23	for	for	ADP
fueconorg-1774	65	24	the	the	DET
fueconorg-1774	65	25	whole	whole	ADJ
fueconorg-1774	65	26	system	system	NOUN
fueconorg-1774	65	27	.	.	PUNCT
fueconorg-1774	66	1	systemic	systemic	ADJ
fueconorg-1774	66	2	risk	risk	NOUN
fueconorg-1774	66	3	is	be	AUX
fueconorg-1774	66	4	often	often	ADV
fueconorg-1774	66	5	defined	define	VERB
fueconorg-1774	66	6	as	as	ADP
fueconorg-1774	66	7	a	a	DET
fueconorg-1774	66	8	risk	risk	NOUN
fueconorg-1774	66	9	of	of	ADP
fueconorg-1774	66	10	disruption	disruption	NOUN
fueconorg-1774	66	11	in	in	ADP
fueconorg-1774	66	12	providing	provide	VERB
fueconorg-1774	66	13	financial	financial	ADJ
fueconorg-1774	66	14	services	service	NOUN
fueconorg-1774	66	15	that	that	PRON
fueconorg-1774	66	16	can	can	AUX
fueconorg-1774	66	17	seriously	seriously	ADV
fueconorg-1774	66	18	harm	harm	VERB
fueconorg-1774	66	19	the	the	DET
fueconorg-1774	66	20	real	real	ADJ
fueconorg-1774	66	21	economy	economy	NOUN
fueconorg-1774	66	22	.	.	PUNCT
fueconorg-1774	67	1	in	in	ADP
fueconorg-1774	67	2	this	this	DET
fueconorg-1774	67	3	sense	sense	NOUN
fueconorg-1774	67	4	,	,	PUNCT
fueconorg-1774	67	5	it	it	PRON
fueconorg-1774	67	6	is	be	AUX
fueconorg-1774	67	7	very	very	ADV
fueconorg-1774	67	8	important	important	ADJ
fueconorg-1774	67	9	to	to	PART
fueconorg-1774	67	10	define	define	VERB
fueconorg-1774	67	11	policies	policy	NOUN
fueconorg-1774	67	12	for	for	ADP
fueconorg-1774	67	13	its	its	PRON
fueconorg-1774	67	14	management	management	NOUN
fueconorg-1774	67	15	on	on	ADP
fueconorg-1774	67	16	time	time	NOUN
fueconorg-1774	67	17	.	.	PUNCT
fueconorg-1774	68	1	the	the	DET
fueconorg-1774	68	2	policies	policy	NOUN
fueconorg-1774	68	3	for	for	ADP
fueconorg-1774	68	4	managing	manage	VERB
fueconorg-1774	68	5	systemic	systemic	ADJ
fueconorg-1774	68	6	risk	risk	NOUN
fueconorg-1774	68	7	must	must	AUX
fueconorg-1774	68	8	include	include	VERB
fueconorg-1774	68	9	both	both	PRON
fueconorg-1774	68	10	of	of	ADP
fueconorg-1774	68	11	its	its	PRON
fueconorg-1774	68	12	dimensions	dimension	NOUN
fueconorg-1774	68	13	,	,	PUNCT
fueconorg-1774	68	14	structural	structural	ADJ
fueconorg-1774	68	15	and	and	CCONJ
fueconorg-1774	68	16	cyclical	cyclical	ADJ
fueconorg-1774	68	17	.	.	PUNCT
fueconorg-1774	69	1	the	the	DET
fueconorg-1774	69	2	structural	structural	ADJ
fueconorg-1774	69	3	dimension	dimension	NOUN
fueconorg-1774	69	4	of	of	ADP
fueconorg-1774	69	5	the	the	DET
fueconorg-1774	69	6	systemic	systemic	ADJ
fueconorg-1774	69	7	risk	risk	NOUN
fueconorg-1774	69	8	results	result	VERB
fueconorg-1774	69	9	from	from	ADP
fueconorg-1774	69	10	the	the	DET
fueconorg-1774	69	11	external	external	ADJ
fueconorg-1774	69	12	effects	effect	NOUN
fueconorg-1774	69	13	produced	produce	VERB
fueconorg-1774	69	14	by	by	ADP
fueconorg-1774	69	15	the	the	DET
fueconorg-1774	69	16	components	component	NOUN
fueconorg-1774	69	17	of	of	ADP
fueconorg-1774	69	18	the	the	DET
fueconorg-1774	69	19	financial	financial	ADJ
fueconorg-1774	69	20	system	system	NOUN
fueconorg-1774	69	21	affecting	affect	VERB
fueconorg-1774	69	22	financial	financial	ADJ
fueconorg-1774	69	23	stability	stability	NOUN
fueconorg-1774	69	24	.	.	PUNCT
fueconorg-1774	70	1	in	in	ADP
fueconorg-1774	70	2	this	this	DET
fueconorg-1774	70	3	respect	respect	NOUN
fueconorg-1774	70	4	,	,	PUNCT
fueconorg-1774	70	5	the	the	DET
fueconorg-1774	70	6	policies	policy	NOUN
fueconorg-1774	70	7	for	for	ADP
fueconorg-1774	70	8	managing	manage	VERB
fueconorg-1774	70	9	this	this	DET
fueconorg-1774	70	10	dimension	dimension	NOUN
fueconorg-1774	70	11	of	of	ADP
fueconorg-1774	70	12	systemic	systemic	ADJ
fueconorg-1774	70	13	risk	risk	NOUN
fueconorg-1774	70	14	include	include	VERB
fueconorg-1774	70	15	establishing	establish	VERB
fueconorg-1774	70	16	higher	high	ADJ
fueconorg-1774	70	17	capital	capital	NOUN
fueconorg-1774	70	18	requirements	requirement	NOUN
fueconorg-1774	70	19	for	for	ADP
fueconorg-1774	70	20	systemically	systemically	ADV
fueconorg-1774	70	21	important	important	ADJ
fueconorg-1774	70	22	financial	financial	ADJ
fueconorg-1774	70	23	institutions	institution	NOUN
fueconorg-1774	70	24	,	,	PUNCT
fueconorg-1774	70	25	introducing	introduce	VERB
fueconorg-1774	70	26	a	a	DET
fueconorg-1774	70	27	stable	stable	ADJ
fueconorg-1774	70	28	margin	margin	NOUN
fueconorg-1774	70	29	system	system	NOUN
fueconorg-1774	70	30	(	(	PUNCT
fueconorg-1774	70	31	hair	hair	NOUN
fueconorg-1774	70	32	-	-	PUNCT
fueconorg-1774	70	33	cuts	cut	NOUN
fueconorg-1774	70	34	)	)	PUNCT
fueconorg-1774	70	35	as	as	ADV
fueconorg-1774	70	36	well	well	ADV
fueconorg-1774	70	37	as	as	ADP
fueconorg-1774	70	38	mechanisms	mechanism	NOUN
fueconorg-1774	70	39	for	for	ADP
fueconorg-1774	70	40	strengthening	strengthen	VERB
fueconorg-1774	70	41	the	the	DET
fueconorg-1774	70	42	resilience	resilience	NOUN
fueconorg-1774	70	43	of	of	ADP
fueconorg-1774	70	44	the	the	DET
fueconorg-1774	70	45	market	market	NOUN
fueconorg-1774	70	46	infrastructures	infrastructure	NOUN
fueconorg-1774	70	47	(	(	PUNCT
fueconorg-1774	70	48	caruana	caruana	PROPN
fueconorg-1774	70	49	,	,	PUNCT
fueconorg-1774	70	50	2010	2010	NUM
fueconorg-1774	70	51	)	)	PUNCT
fueconorg-1774	70	52	.	.	PUNCT
fueconorg-1774	71	1	the	the	DET
fueconorg-1774	71	2	cyclical	cyclical	ADJ
fueconorg-1774	71	3	dimension	dimension	NOUN
fueconorg-1774	71	4	of	of	ADP
fueconorg-1774	71	5	the	the	DET
fueconorg-1774	71	6	systemic	systemic	ADJ
fueconorg-1774	71	7	risk	risk	NOUN
fueconorg-1774	71	8	indicates	indicate	VERB
fueconorg-1774	71	9	the	the	DET
fueconorg-1774	71	10	progressive	progressive	ADJ
fueconorg-1774	71	11	accumulation	accumulation	NOUN
fueconorg-1774	71	12	of	of	ADP
fueconorg-1774	71	13	risk	risk	NOUN
fueconorg-1774	71	14	over	over	ADP
fueconorg-1774	71	15	time	time	NOUN
fueconorg-1774	71	16	,	,	PUNCT
fueconorg-1774	71	17	whereby	whereby	SCONJ
fueconorg-1774	71	18	the	the	DET
fueconorg-1774	71	19	stakeholders	stakeholder	NOUN
fueconorg-1774	71	20	tend	tend	VERB
fueconorg-1774	71	21	to	to	PART
fueconorg-1774	71	22	over	over	ADV
fueconorg-1774	71	23	-	-	PUNCT
fueconorg-1774	71	24	invest	invest	VERB
fueconorg-1774	71	25	in	in	ADP
fueconorg-1774	71	26	the	the	DET
fueconorg-1774	71	27	beginning	beginning	NOUN
fueconorg-1774	71	28	,	,	PUNCT
fueconorg-1774	71	29	whereas	whereas	SCONJ
fueconorg-1774	71	30	the	the	DET
fueconorg-1774	71	31	down	down	ADJ
fueconorg-1774	71	32	phase	phase	NOUN
fueconorg-1774	71	33	leads	lead	VERB
fueconorg-1774	71	34	to	to	ADP
fueconorg-1774	71	35	strengthening	strengthening	NOUN
fueconorg-1774	71	36	of	of	ADP
fueconorg-1774	71	37	the	the	DET
fueconorg-1774	71	38	uncertainty	uncertainty	NOUN
fueconorg-1774	71	39	in	in	ADP
fueconorg-1774	71	40	the	the	DET
fueconorg-1774	71	41	market	market	NOUN
fueconorg-1774	71	42	,	,	PUNCT
fueconorg-1774	71	43	price	price	NOUN
fueconorg-1774	71	44	drop	drop	NOUN
fueconorg-1774	71	45	of	of	ADP
fueconorg-1774	71	46	financial	financial	ADJ
fueconorg-1774	71	47	assets	asset	NOUN
fueconorg-1774	71	48	,	,	PUNCT
fueconorg-1774	71	49	the	the	DET
fueconorg-1774	71	50	reduction	reduction	NOUN
fueconorg-1774	71	51	of	of	ADP
fueconorg-1774	71	52	financial	financial	ADJ
fueconorg-1774	71	53	leverage	leverage	NOUN
fueconorg-1774	71	54	,	,	PUNCT
fueconorg-1774	71	55	a	a	DET
fueconorg-1774	71	56	sharp	sharp	ADJ
fueconorg-1774	71	57	decrease	decrease	NOUN
fueconorg-1774	71	58	in	in	ADP
fueconorg-1774	71	59	liquidity	liquidity	NOUN
fueconorg-1774	71	60	,	,	PUNCT
fueconorg-1774	71	61	and	and	CCONJ
fueconorg-1774	71	62	to	to	ADP
fueconorg-1774	71	63	financial	financial	ADJ
fueconorg-1774	71	64	crisis	crisis	NOUN
fueconorg-1774	71	65	after	after	ADP
fueconorg-1774	71	66	all	all	ADV
fueconorg-1774	71	67	(	(	PUNCT
fueconorg-1774	71	68	cardarelli	cardarelli	PROPN
fueconorg-1774	71	69	,	,	PUNCT
fueconorg-1774	71	70	elekdag	elekdag	NOUN
fueconorg-1774	71	71	,	,	PUNCT
fueconorg-1774	71	72	&	&	CCONJ
fueconorg-1774	71	73	lall	lall	PROPN
fueconorg-1774	71	74	,	,	PUNCT
fueconorg-1774	71	75	2009	2009	NUM
fueconorg-1774	71	76	)	)	PUNCT
fueconorg-1774	71	77	.	.	PUNCT
fueconorg-1774	72	1	measures	measure	NOUN
fueconorg-1774	72	2	to	to	PART
fueconorg-1774	72	3	manage	manage	VERB
fueconorg-1774	72	4	the	the	DET
fueconorg-1774	72	5	cyclical	cyclical	ADJ
fueconorg-1774	72	6	dimension	dimension	NOUN
fueconorg-1774	72	7	of	of	ADP
fueconorg-1774	72	8	systemic	systemic	ADJ
fueconorg-1774	72	9	risk	risk	NOUN
fueconorg-1774	72	10	are	be	AUX
fueconorg-1774	72	11	prudential	prudential	ADJ
fueconorg-1774	72	12	in	in	ADP
fueconorg-1774	72	13	their	their	PRON
fueconorg-1774	72	14	nature	nature	NOUN
fueconorg-1774	72	15	,	,	PUNCT
fueconorg-1774	72	16	and	and	CCONJ
fueconorg-1774	72	17	involve	involve	VERB
fueconorg-1774	72	18	the	the	DET
fueconorg-1774	72	19	introduction	introduction	NOUN
fueconorg-1774	72	20	of	of	ADP
fueconorg-1774	72	21	countercyclical	countercyclical	ADJ
fueconorg-1774	72	22	and	and	CCONJ
fueconorg-1774	72	23	sectoral	sectoral	ADJ
fueconorg-1774	72	24	protective	protective	ADJ
fueconorg-1774	72	25	layers	layer	NOUN
fueconorg-1774	72	26	of	of	ADP
fueconorg-1774	72	27	capital	capital	NOUN
fueconorg-1774	72	28	,	,	PUNCT
fueconorg-1774	72	29	limitation	limitation	NOUN
fueconorg-1774	72	30	of	of	ADP
fueconorg-1774	72	31	the	the	DET
fueconorg-1774	72	32	leverage	leverage	NOUN
fueconorg-1774	72	33	level	level	NOUN
fueconorg-1774	72	34	,	,	PUNCT
fueconorg-1774	72	35	as	as	ADV
fueconorg-1774	72	36	well	well	ADV
fueconorg-1774	72	37	as	as	ADP
fueconorg-1774	72	38	the	the	DET
fueconorg-1774	72	39	introduction	introduction	NOUN
fueconorg-1774	72	40	of	of	ADP
fueconorg-1774	72	41	standards	standard	NOUN
fueconorg-1774	72	42	for	for	ADP
fueconorg-1774	72	43	liquidity	liquidity	NOUN
fueconorg-1774	72	44	risk	risk	NOUN
fueconorg-1774	72	45	management	management	NOUN
fueconorg-1774	72	46	(	(	PUNCT
fueconorg-1774	72	47	bank	bank	NOUN
fueconorg-1774	72	48	for	for	ADP
fueconorg-1774	72	49	international	international	ADJ
fueconorg-1774	72	50	settlements	settlement	NOUN
fueconorg-1774	72	51	,	,	PUNCT
fueconorg-1774	72	52	2010	2010	NUM
fueconorg-1774	72	53	)	)	PUNCT
fueconorg-1774	72	54	.	.	PUNCT
fueconorg-1774	73	1	the	the	DET
fueconorg-1774	73	2	recent	recent	ADJ
fueconorg-1774	73	3	financial	financial	ADJ
fueconorg-1774	73	4	crisis	crisis	NOUN
fueconorg-1774	73	5	pointed	point	VERB
fueconorg-1774	73	6	out	out	ADP
fueconorg-1774	73	7	to	to	ADP
fueconorg-1774	73	8	the	the	DET
fueconorg-1774	73	9	importance	importance	NOUN
fueconorg-1774	73	10	of	of	ADP
fueconorg-1774	73	11	having	have	VERB
fueconorg-1774	73	12	an	an	DET
fueconorg-1774	73	13	adequate	adequate	ADJ
fueconorg-1774	73	14	regulatory	regulatory	ADJ
fueconorg-1774	73	15	framework	framework	NOUN
fueconorg-1774	73	16	for	for	ADP
fueconorg-1774	73	17	preserving	preserve	VERB
fueconorg-1774	73	18	and	and	CCONJ
fueconorg-1774	73	19	strengthening	strengthen	VERB
fueconorg-1774	73	20	the	the	DET
fueconorg-1774	73	21	stability	stability	NOUN
fueconorg-1774	73	22	of	of	ADP
fueconorg-1774	73	23	financial	financial	ADJ
fueconorg-1774	73	24	institutions	institution	NOUN
fueconorg-1774	73	25	.	.	PUNCT
fueconorg-1774	74	1	its	its	PRON
fueconorg-1774	74	2	basic	basic	ADJ
fueconorg-1774	74	3	goals	goal	NOUN
fueconorg-1774	74	4	are	be	AUX
fueconorg-1774	74	5	to	to	PART
fueconorg-1774	74	6	prevent	prevent	VERB
fueconorg-1774	74	7	and	and	CCONJ
fueconorg-1774	74	8	resolve	resolve	VERB
fueconorg-1774	74	9	systemic	systemic	ADJ
fueconorg-1774	74	10	problems	problem	NOUN
fueconorg-1774	74	11	,	,	PUNCT
fueconorg-1774	74	12	in	in	ADP
fueconorg-1774	74	13	a	a	DET
fueconorg-1774	74	14	situation	situation	NOUN
fueconorg-1774	74	15	when	when	SCONJ
fueconorg-1774	74	16	prevention	prevention	NOUN
fueconorg-1774	74	17	fails	fail	VERB
fueconorg-1774	74	18	to	to	PART
fueconorg-1774	74	19	yield	yield	VERB
fueconorg-1774	74	20	results	result	NOUN
fueconorg-1774	74	21	.	.	PUNCT
fueconorg-1774	75	1	this	this	PRON
fueconorg-1774	75	2	is	be	AUX
fueconorg-1774	75	3	the	the	DET
fueconorg-1774	75	4	concept	concept	NOUN
fueconorg-1774	75	5	of	of	ADP
fueconorg-1774	75	6	financial	financial	ADJ
fueconorg-1774	75	7	safety	safety	NOUN
fueconorg-1774	75	8	net	net	NOUN
fueconorg-1774	75	9	,	,	PUNCT
fueconorg-1774	75	10	which	which	PRON
fueconorg-1774	75	11	includes	include	VERB
fueconorg-1774	75	12	a	a	DET
fueconorg-1774	75	13	number	number	NOUN
fueconorg-1774	75	14	of	of	ADP
fueconorg-1774	75	15	institutions	institution	NOUN
fueconorg-1774	75	16	,	,	PUNCT
fueconorg-1774	75	17	rules	rule	NOUN
fueconorg-1774	75	18	and	and	CCONJ
fueconorg-1774	75	19	procedures	procedure	NOUN
fueconorg-1774	75	20	that	that	PRON
fueconorg-1774	75	21	are	be	AUX
fueconorg-1774	75	22	activated	activate	VERB
fueconorg-1774	75	23	to	to	PART
fueconorg-1774	75	24	protect	protect	VERB
fueconorg-1774	75	25	stability	stability	NOUN
fueconorg-1774	75	26	of	of	ADP
fueconorg-1774	75	27	the	the	DET
fueconorg-1774	75	28	system	system	NOUN
fueconorg-1774	75	29	of	of	ADP
fueconorg-1774	75	30	financial	financial	ADJ
fueconorg-1774	75	31	intermediation	intermediation	NOUN
fueconorg-1774	75	32	(	(	PUNCT
fueconorg-1774	75	33	marinkovic	marinkovic	ADJ
fueconorg-1774	75	34	,	,	PUNCT
fueconorg-1774	75	35	2004	2004	NUM
fueconorg-1774	75	36	,	,	PUNCT
fueconorg-1774	75	37	p.	p.	NOUN
fueconorg-1774	75	38	14	14	NUM
fueconorg-1774	75	39	)	)	PUNCT
fueconorg-1774	75	40	.	.	PUNCT
fueconorg-1774	76	1	since	since	SCONJ
fueconorg-1774	76	2	the	the	DET
fueconorg-1774	76	3	banks	bank	NOUN
fueconorg-1774	76	4	are	be	AUX
fueconorg-1774	76	5	the	the	DET
fueconorg-1774	76	6	dominant	dominant	ADJ
fueconorg-1774	76	7	financial	financial	ADJ
fueconorg-1774	76	8	institutions	institution	NOUN
fueconorg-1774	76	9	in	in	ADP
fueconorg-1774	76	10	most	most	ADJ
fueconorg-1774	76	11	of	of	ADP
fueconorg-1774	76	12	the	the	DET
fueconorg-1774	76	13	financial	financial	ADJ
fueconorg-1774	76	14	systems	system	NOUN
fueconorg-1774	76	15	,	,	PUNCT
fueconorg-1774	76	16	this	this	DET
fueconorg-1774	76	17	framework	framework	NOUN
fueconorg-1774	76	18	is	be	AUX
fueconorg-1774	76	19	largely	largely	ADV
fueconorg-1774	76	20	adapted	adapt	VERB
fueconorg-1774	76	21	to	to	ADP
fueconorg-1774	76	22	them	they	PRON
fueconorg-1774	76	23	.	.	PUNCT
fueconorg-1774	77	1	the	the	DET
fueconorg-1774	77	2	the	the	DET
fueconorg-1774	77	3	role	role	NOUN
fueconorg-1774	77	4	of	of	ADP
fueconorg-1774	77	5	monetary	monetary	ADJ
fueconorg-1774	77	6	and	and	CCONJ
fueconorg-1774	77	7	macroprudential	macroprudential	ADJ
fueconorg-1774	77	8	policies	policy	NOUN
fueconorg-1774	77	9	in	in	ADP
fueconorg-1774	77	10	pursuit	pursuit	NOUN
fueconorg-1774	77	11	of	of	ADP
fueconorg-1774	77	12	financial	financial	ADJ
fueconorg-1774	77	13	stability	stability	NOUN
fueconorg-1774	77	14	135	135	NUM
fueconorg-1774	77	15	regulatory	regulatory	ADJ
fueconorg-1774	77	16	framework	framework	NOUN
fueconorg-1774	77	17	is	be	AUX
fueconorg-1774	77	18	set	set	VERB
fueconorg-1774	77	19	along	along	ADP
fueconorg-1774	77	20	the	the	DET
fueconorg-1774	77	21	entire	entire	ADJ
fueconorg-1774	77	22	lifetime	lifetime	NOUN
fueconorg-1774	77	23	of	of	ADP
fueconorg-1774	77	24	financial	financial	ADJ
fueconorg-1774	77	25	institutions	institution	NOUN
fueconorg-1774	77	26	and	and	CCONJ
fueconorg-1774	77	27	includes	include	VERB
fueconorg-1774	77	28	both	both	PRON
fueconorg-1774	77	29	ex	ex	NOUN
fueconorg-1774	77	30	ante	ante	NOUN
fueconorg-1774	77	31	components	component	NOUN
fueconorg-1774	77	32	regulation	regulation	NOUN
fueconorg-1774	77	33	and	and	CCONJ
fueconorg-1774	77	34	supervision	supervision	NOUN
fueconorg-1774	77	35	,	,	PUNCT
fueconorg-1774	77	36	and	and	CCONJ
fueconorg-1774	77	37	ex	ex	PRON
fueconorg-1774	77	38	post	post	NOUN
fueconorg-1774	77	39	components	component	NOUN
fueconorg-1774	77	40	the	the	DET
fueconorg-1774	77	41	lender	lender	NOUN
fueconorg-1774	77	42	of	of	ADP
fueconorg-1774	77	43	last	last	ADJ
fueconorg-1774	77	44	resort	resort	NOUN
fueconorg-1774	77	45	,	,	PUNCT
fueconorg-1774	77	46	deposit	deposit	NOUN
fueconorg-1774	77	47	insurance	insurance	NOUN
fueconorg-1774	77	48	and	and	CCONJ
fueconorg-1774	77	49	the	the	DET
fueconorg-1774	77	50	policy	policy	NOUN
fueconorg-1774	77	51	of	of	ADP
fueconorg-1774	77	52	restructuring	restructuring	NOUN
fueconorg-1774	77	53	and	and	CCONJ
fueconorg-1774	77	54	exiting	exiting	NOUN
fueconorg-1774	77	55	of	of	ADP
fueconorg-1774	77	56	banks	bank	NOUN
fueconorg-1774	77	57	from	from	ADP
fueconorg-1774	77	58	the	the	DET
fueconorg-1774	77	59	market	market	NOUN
fueconorg-1774	77	60	.	.	PUNCT
fueconorg-1774	78	1	though	though	SCONJ
fueconorg-1774	78	2	important	important	ADJ
fueconorg-1774	78	3	in	in	ADP
fueconorg-1774	78	4	the	the	DET
fueconorg-1774	78	5	different	different	ADJ
fueconorg-1774	78	6	stages	stage	NOUN
fueconorg-1774	78	7	of	of	ADP
fueconorg-1774	78	8	the	the	DET
fueconorg-1774	78	9	bank	bank	NOUN
fueconorg-1774	78	10	's	's	PART
fueconorg-1774	78	11	operations	operation	NOUN
fueconorg-1774	78	12	,	,	PUNCT
fueconorg-1774	78	13	the	the	DET
fueconorg-1774	78	14	stability	stability	NOUN
fueconorg-1774	78	15	of	of	ADP
fueconorg-1774	78	16	the	the	DET
fueconorg-1774	78	17	banking	banking	NOUN
fueconorg-1774	78	18	sector	sector	NOUN
fueconorg-1774	78	19	can	can	AUX
fueconorg-1774	78	20	only	only	ADV
fueconorg-1774	78	21	be	be	AUX
fueconorg-1774	78	22	achieved	achieve	VERB
fueconorg-1774	78	23	by	by	ADP
fueconorg-1774	78	24	the	the	DET
fueconorg-1774	78	25	synergetic	synergetic	ADJ
fueconorg-1774	78	26	effect	effect	NOUN
fueconorg-1774	78	27	of	of	ADP
fueconorg-1774	78	28	all	all	DET
fueconorg-1774	78	29	components	component	NOUN
fueconorg-1774	78	30	.	.	PUNCT
fueconorg-1774	79	1	ex	ex	PRON
fueconorg-1774	79	2	ante	ante	NOUN
fueconorg-1774	79	3	components	component	NOUN
fueconorg-1774	79	4	of	of	ADP
fueconorg-1774	79	5	the	the	DET
fueconorg-1774	79	6	security	security	NOUN
fueconorg-1774	79	7	infrastructure	infrastructure	NOUN
fueconorg-1774	79	8	define	define	VERB
fueconorg-1774	79	9	policies	policy	NOUN
fueconorg-1774	79	10	for	for	ADP
fueconorg-1774	79	11	the	the	DET
fueconorg-1774	79	12	efficient	efficient	ADJ
fueconorg-1774	79	13	and	and	CCONJ
fueconorg-1774	79	14	stable	stable	ADJ
fueconorg-1774	79	15	functioning	functioning	NOUN
fueconorg-1774	79	16	of	of	ADP
fueconorg-1774	79	17	the	the	DET
fueconorg-1774	79	18	banking	banking	NOUN
fueconorg-1774	79	19	and	and	CCONJ
fueconorg-1774	79	20	overall	overall	ADJ
fueconorg-1774	79	21	financial	financial	ADJ
fueconorg-1774	79	22	system	system	NOUN
fueconorg-1774	79	23	,	,	PUNCT
fueconorg-1774	79	24	whereas	whereas	SCONJ
fueconorg-1774	79	25	ex	ex	PRON
fueconorg-1774	79	26	post	post	NOUN
fueconorg-1774	79	27	components	component	NOUN
fueconorg-1774	79	28	’	'	PUNCT
fueconorg-1774	79	29	role	role	NOUN
fueconorg-1774	79	30	is	be	AUX
fueconorg-1774	79	31	to	to	PART
fueconorg-1774	79	32	stop	stop	VERB
fueconorg-1774	79	33	further	further	ADJ
fueconorg-1774	79	34	expansion	expansion	NOUN
fueconorg-1774	79	35	of	of	ADP
fueconorg-1774	79	36	the	the	DET
fueconorg-1774	79	37	crisis	crisis	NOUN
fueconorg-1774	79	38	and	and	CCONJ
fueconorg-1774	79	39	to	to	PART
fueconorg-1774	79	40	intervene	intervene	VERB
fueconorg-1774	79	41	with	with	ADP
fueconorg-1774	79	42	the	the	DET
fueconorg-1774	79	43	institutions	institution	NOUN
fueconorg-1774	79	44	threatened	threaten	VERB
fueconorg-1774	79	45	with	with	ADP
fueconorg-1774	79	46	bankruptcy	bankruptcy	NOUN
fueconorg-1774	79	47	.	.	PUNCT
fueconorg-1774	80	1	the	the	DET
fueconorg-1774	80	2	deposit	deposit	NOUN
fueconorg-1774	80	3	insurance	insurance	NOUN
fueconorg-1774	80	4	system	system	NOUN
fueconorg-1774	80	5	aims	aim	VERB
fueconorg-1774	80	6	to	to	PART
fueconorg-1774	80	7	maintain	maintain	VERB
fueconorg-1774	80	8	the	the	DET
fueconorg-1774	80	9	confidence	confidence	NOUN
fueconorg-1774	80	10	of	of	ADP
fueconorg-1774	80	11	depositors	depositor	NOUN
fueconorg-1774	80	12	in	in	ADP
fueconorg-1774	80	13	times	time	NOUN
fueconorg-1774	80	14	of	of	ADP
fueconorg-1774	80	15	crisis	crisis	NOUN
fueconorg-1774	80	16	,	,	PUNCT
fueconorg-1774	80	17	while	while	SCONJ
fueconorg-1774	80	18	in	in	ADP
fueconorg-1774	80	19	the	the	DET
fueconorg-1774	80	20	stable	stable	ADJ
fueconorg-1774	80	21	conditions	condition	NOUN
fueconorg-1774	80	22	generally	generally	ADV
fueconorg-1774	80	23	takes	take	VERB
fueconorg-1774	80	24	over	over	ADP
fueconorg-1774	80	25	the	the	DET
fueconorg-1774	80	26	duties	duty	NOUN
fueconorg-1774	80	27	of	of	ADP
fueconorg-1774	80	28	restructuring	restructure	VERB
fueconorg-1774	80	29	banking	banking	NOUN
fueconorg-1774	80	30	institutions	institution	NOUN
fueconorg-1774	80	31	.	.	PUNCT
fueconorg-1774	81	1	deposit	deposit	NOUN
fueconorg-1774	81	2	insurance	insurance	NOUN
fueconorg-1774	81	3	becomes	become	VERB
fueconorg-1774	81	4	important	important	ADJ
fueconorg-1774	81	5	once	once	SCONJ
fueconorg-1774	81	6	a	a	DET
fueconorg-1774	81	7	bank	bank	NOUN
fueconorg-1774	81	8	is	be	AUX
fueconorg-1774	81	9	declared	declare	VERB
fueconorg-1774	81	10	insolvent	insolvent	ADJ
fueconorg-1774	81	11	and	and	CCONJ
fueconorg-1774	81	12	its	its	PRON
fueconorg-1774	81	13	primary	primary	ADJ
fueconorg-1774	81	14	task	task	NOUN
fueconorg-1774	81	15	is	be	AUX
fueconorg-1774	81	16	to	to	PART
fueconorg-1774	81	17	protect	protect	VERB
fueconorg-1774	81	18	the	the	DET
fueconorg-1774	81	19	depositors	depositor	NOUN
fueconorg-1774	81	20	first	first	ADV
fueconorg-1774	81	21	,	,	PUNCT
fueconorg-1774	81	22	while	while	SCONJ
fueconorg-1774	81	23	the	the	DET
fueconorg-1774	81	24	lender	lender	NOUN
fueconorg-1774	81	25	of	of	ADP
fueconorg-1774	81	26	last	last	ADJ
fueconorg-1774	81	27	resort	resort	NOUN
fueconorg-1774	81	28	becomes	become	VERB
fueconorg-1774	81	29	important	important	ADJ
fueconorg-1774	81	30	at	at	ADP
fueconorg-1774	81	31	the	the	DET
fueconorg-1774	81	32	moment	moment	NOUN
fueconorg-1774	81	33	when	when	SCONJ
fueconorg-1774	81	34	the	the	DET
fueconorg-1774	81	35	bank	bank	NOUN
fueconorg-1774	81	36	has	have	AUX
fueconorg-1774	81	37	already	already	ADV
fueconorg-1774	81	38	exhausted	exhaust	VERB
fueconorg-1774	81	39	all	all	DET
fueconorg-1774	81	40	the	the	DET
fueconorg-1774	81	41	previous	previous	ADJ
fueconorg-1774	81	42	sources	source	NOUN
fueconorg-1774	81	43	of	of	ADP
fueconorg-1774	81	44	liquidity	liquidity	NOUN
fueconorg-1774	81	45	,	,	PUNCT
fueconorg-1774	81	46	and	and	CCONJ
fueconorg-1774	81	47	then	then	ADV
fueconorg-1774	81	48	its	its	PRON
fueconorg-1774	81	49	focus	focus	NOUN
fueconorg-1774	81	50	is	be	AUX
fueconorg-1774	81	51	primarily	primarily	ADV
fueconorg-1774	81	52	on	on	ADP
fueconorg-1774	81	53	the	the	DET
fueconorg-1774	81	54	protection	protection	NOUN
fueconorg-1774	81	55	of	of	ADP
fueconorg-1774	81	56	banks	bank	NOUN
fueconorg-1774	81	57	.	.	PUNCT
fueconorg-1774	82	1	the	the	DET
fueconorg-1774	82	2	abovementioned	abovementione	VERB
fueconorg-1774	82	3	components	component	NOUN
fueconorg-1774	82	4	are	be	AUX
fueconorg-1774	82	5	directed	direct	VERB
fueconorg-1774	82	6	,	,	PUNCT
fueconorg-1774	82	7	as	as	SCONJ
fueconorg-1774	82	8	we	we	PRON
fueconorg-1774	82	9	can	can	AUX
fueconorg-1774	82	10	see	see	VERB
fueconorg-1774	82	11	,	,	PUNCT
fueconorg-1774	82	12	towards	towards	ADP
fueconorg-1774	82	13	the	the	DET
fueconorg-1774	82	14	realization	realization	NOUN
fueconorg-1774	82	15	of	of	ADP
fueconorg-1774	82	16	different	different	ADJ
fueconorg-1774	82	17	,	,	PUNCT
fueconorg-1774	82	18	not	not	PART
fueconorg-1774	82	19	entirely	entirely	ADV
fueconorg-1774	82	20	consistent	consistent	ADJ
fueconorg-1774	82	21	objectives	objective	NOUN
fueconorg-1774	82	22	,	,	PUNCT
fueconorg-1774	82	23	and	and	CCONJ
fueconorg-1774	82	24	that	that	PRON
fueconorg-1774	82	25	is	be	AUX
fueconorg-1774	82	26	why	why	SCONJ
fueconorg-1774	82	27	there	there	PRON
fueconorg-1774	82	28	is	be	VERB
fueconorg-1774	82	29	an	an	DET
fueconorg-1774	82	30	institutional	institutional	ADJ
fueconorg-1774	82	31	division	division	NOUN
fueconorg-1774	82	32	of	of	ADP
fueconorg-1774	82	33	responsibilities	responsibility	NOUN
fueconorg-1774	82	34	and	and	CCONJ
fueconorg-1774	82	35	the	the	DET
fueconorg-1774	82	36	presence	presence	NOUN
fueconorg-1774	82	37	of	of	ADP
fueconorg-1774	82	38	numerous	numerous	ADJ
fueconorg-1774	82	39	institutions	institution	NOUN
fueconorg-1774	82	40	:	:	PUNCT
fueconorg-1774	82	41	prudential	prudential	PROPN
fueconorg-1774	82	42	authorities	authority	NOUN
fueconorg-1774	82	43	(	(	PUNCT
fueconorg-1774	82	44	regulators	regulator	NOUN
fueconorg-1774	82	45	and	and	CCONJ
fueconorg-1774	82	46	supervisors	supervisor	NOUN
fueconorg-1774	82	47	)	)	PUNCT
fueconorg-1774	82	48	,	,	PUNCT
fueconorg-1774	82	49	deposit	deposit	NOUN
fueconorg-1774	82	50	insurance	insurance	NOUN
fueconorg-1774	82	51	agencies	agency	NOUN
fueconorg-1774	82	52	,	,	PUNCT
fueconorg-1774	82	53	the	the	DET
fueconorg-1774	82	54	agency	agency	NOUN
fueconorg-1774	82	55	for	for	ADP
fueconorg-1774	82	56	restructuring	restructuring	NOUN
fueconorg-1774	82	57	,	,	PUNCT
fueconorg-1774	82	58	monetary	monetary	ADJ
fueconorg-1774	82	59	and	and	CCONJ
fueconorg-1774	82	60	fiscal	fiscal	ADJ
fueconorg-1774	82	61	authorities	authority	NOUN
fueconorg-1774	82	62	.	.	PUNCT
fueconorg-1774	83	1	the	the	DET
fueconorg-1774	83	2	central	central	PROPN
fueconorg-1774	83	3	bank	bank	PROPN
fueconorg-1774	83	4	has	have	VERB
fueconorg-1774	83	5	a	a	DET
fueconorg-1774	83	6	significant	significant	ADJ
fueconorg-1774	83	7	role	role	NOUN
fueconorg-1774	83	8	in	in	ADP
fueconorg-1774	83	9	pursuing	pursue	VERB
fueconorg-1774	83	10	financial	financial	ADJ
fueconorg-1774	83	11	stability	stability	NOUN
fueconorg-1774	83	12	,	,	PUNCT
fueconorg-1774	83	13	which	which	PRON
fueconorg-1774	83	14	is	be	AUX
fueconorg-1774	83	15	perfectly	perfectly	ADV
fueconorg-1774	83	16	consistent	consistent	ADJ
fueconorg-1774	83	17	with	with	ADP
fueconorg-1774	83	18	its	its	PRON
fueconorg-1774	83	19	role	role	NOUN
fueconorg-1774	83	20	in	in	ADP
fueconorg-1774	83	21	implementing	implement	VERB
fueconorg-1774	83	22	the	the	DET
fueconorg-1774	83	23	monetary	monetary	ADJ
fueconorg-1774	83	24	policy	policy	NOUN
fueconorg-1774	83	25	.	.	PUNCT
fueconorg-1774	84	1	in	in	ADP
fueconorg-1774	84	2	this	this	DET
fueconorg-1774	84	3	regard	regard	NOUN
fueconorg-1774	84	4	,	,	PUNCT
fueconorg-1774	84	5	in	in	ADP
fueconorg-1774	84	6	the	the	DET
fueconorg-1774	84	7	following	follow	VERB
fueconorg-1774	84	8	part	part	NOUN
fueconorg-1774	84	9	of	of	ADP
fueconorg-1774	84	10	the	the	DET
fueconorg-1774	84	11	paper	paper	NOUN
fueconorg-1774	84	12	,	,	PUNCT
fueconorg-1774	84	13	we	we	PRON
fueconorg-1774	84	14	will	will	AUX
fueconorg-1774	84	15	try	try	VERB
fueconorg-1774	84	16	to	to	PART
fueconorg-1774	84	17	look	look	VERB
fueconorg-1774	84	18	at	at	ADP
fueconorg-1774	84	19	what	what	PRON
fueconorg-1774	84	20	is	be	AUX
fueconorg-1774	84	21	the	the	DET
fueconorg-1774	84	22	role	role	NOUN
fueconorg-1774	84	23	of	of	ADP
fueconorg-1774	84	24	monetary	monetary	ADJ
fueconorg-1774	84	25	policy	policy	NOUN
fueconorg-1774	84	26	in	in	ADP
fueconorg-1774	84	27	maintaining	maintain	VERB
fueconorg-1774	84	28	financial	financial	ADJ
fueconorg-1774	84	29	stability	stability	NOUN
fueconorg-1774	84	30	,	,	PUNCT
fueconorg-1774	84	31	in	in	ADP
fueconorg-1774	84	32	terms	term	NOUN
fueconorg-1774	84	33	of	of	ADP
fueconorg-1774	84	34	coordination	coordination	NOUN
fueconorg-1774	84	35	,	,	PUNCT
fueconorg-1774	84	36	and	and	CCONJ
fueconorg-1774	84	37	not	not	PART
fueconorg-1774	84	38	mutual	mutual	ADJ
fueconorg-1774	84	39	exclusion	exclusion	NOUN
fueconorg-1774	84	40	of	of	ADP
fueconorg-1774	84	41	monetary	monetary	ADJ
fueconorg-1774	84	42	and	and	CCONJ
fueconorg-1774	84	43	macroprudential	macroprudential	ADJ
fueconorg-1774	84	44	policy	policy	NOUN
fueconorg-1774	84	45	.	.	PUNCT
fueconorg-1774	85	1	2	2	X
fueconorg-1774	85	2	.	.	X
fueconorg-1774	85	3	different	different	ADJ
fueconorg-1774	85	4	approaches	approach	NOUN
fueconorg-1774	85	5	to	to	ADP
fueconorg-1774	85	6	the	the	DET
fueconorg-1774	85	7	role	role	NOUN
fueconorg-1774	85	8	of	of	ADP
fueconorg-1774	85	9	monetary	monetary	ADJ
fueconorg-1774	85	10	policy	policy	NOUN
fueconorg-1774	85	11	in	in	ADP
fueconorg-1774	85	12	maintaining	maintain	VERB
fueconorg-1774	85	13	financial	financial	ADJ
fueconorg-1774	85	14	stability	stability	NOUN
fueconorg-1774	85	15	there	there	PRON
fueconorg-1774	85	16	are	be	VERB
fueconorg-1774	85	17	several	several	ADJ
fueconorg-1774	85	18	reasons	reason	NOUN
fueconorg-1774	85	19	why	why	SCONJ
fueconorg-1774	85	20	we	we	PRON
fueconorg-1774	85	21	can	can	AUX
fueconorg-1774	85	22	claim	claim	VERB
fueconorg-1774	85	23	that	that	SCONJ
fueconorg-1774	85	24	cb	cb	PROPN
fueconorg-1774	85	25	has	have	VERB
fueconorg-1774	85	26	a	a	DET
fueconorg-1774	85	27	natural	natural	ADJ
fueconorg-1774	85	28	and	and	CCONJ
fueconorg-1774	85	29	not	not	PART
fueconorg-1774	85	30	assigned	assign	VERB
fueconorg-1774	85	31	role	role	NOUN
fueconorg-1774	85	32	in	in	ADP
fueconorg-1774	85	33	preserving	preserve	VERB
fueconorg-1774	85	34	financial	financial	ADJ
fueconorg-1774	85	35	stability	stability	NOUN
fueconorg-1774	85	36	.	.	PUNCT
fueconorg-1774	86	1	first	first	ADV
fueconorg-1774	86	2	,	,	PUNCT
fueconorg-1774	86	3	the	the	DET
fueconorg-1774	86	4	emergence	emergence	NOUN
fueconorg-1774	86	5	and	and	CCONJ
fueconorg-1774	86	6	development	development	NOUN
fueconorg-1774	86	7	of	of	ADP
fueconorg-1774	86	8	central	central	ADJ
fueconorg-1774	86	9	banks	bank	NOUN
fueconorg-1774	86	10	was	be	AUX
fueconorg-1774	86	11	mainly	mainly	ADV
fueconorg-1774	86	12	related	relate	VERB
fueconorg-1774	86	13	to	to	ADP
fueconorg-1774	86	14	their	their	PRON
fueconorg-1774	86	15	role	role	NOUN
fueconorg-1774	86	16	in	in	ADP
fueconorg-1774	86	17	preserving	preserve	VERB
fueconorg-1774	86	18	financial	financial	ADJ
fueconorg-1774	86	19	stability	stability	NOUN
fueconorg-1774	86	20	.	.	PUNCT
fueconorg-1774	87	1	the	the	DET
fueconorg-1774	87	2	federal	federal	PROPN
fueconorg-1774	87	3	reserve	reserve	NOUN
fueconorg-1774	87	4	system	system	NOUN
fueconorg-1774	87	5	was	be	AUX
fueconorg-1774	87	6	the	the	DET
fueconorg-1774	87	7	first	first	ADJ
fueconorg-1774	87	8	one	one	NOUN
fueconorg-1774	87	9	responsible	responsible	ADJ
fueconorg-1774	87	10	for	for	ADP
fueconorg-1774	87	11	preserving	preserve	VERB
fueconorg-1774	87	12	financial	financial	ADJ
fueconorg-1774	87	13	stability	stability	NOUN
fueconorg-1774	87	14	,	,	PUNCT
fueconorg-1774	87	15	and	and	CCONJ
fueconorg-1774	87	16	it	it	PRON
fueconorg-1774	87	17	was	be	AUX
fueconorg-1774	87	18	only	only	ADV
fueconorg-1774	87	19	later	later	ADV
fueconorg-1774	87	20	when	when	SCONJ
fueconorg-1774	87	21	it	it	PRON
fueconorg-1774	87	22	became	become	VERB
fueconorg-1774	87	23	responsible	responsible	ADJ
fueconorg-1774	87	24	for	for	ADP
fueconorg-1774	87	25	monetary	monetary	ADJ
fueconorg-1774	87	26	stability	stability	NOUN
fueconorg-1774	87	27	as	as	ADV
fueconorg-1774	87	28	well	well	ADV
fueconorg-1774	87	29	.	.	PUNCT
fueconorg-1774	88	1	being	be	AUX
fueconorg-1774	88	2	a	a	DET
fueconorg-1774	88	3	supreme	supreme	ADJ
fueconorg-1774	88	4	monetary	monetary	ADJ
fueconorg-1774	88	5	financial	financial	ADJ
fueconorg-1774	88	6	authority	authority	NOUN
fueconorg-1774	88	7	,	,	PUNCT
fueconorg-1774	88	8	a	a	DET
fueconorg-1774	88	9	regulator	regulator	NOUN
fueconorg-1774	88	10	and	and	CCONJ
fueconorg-1774	88	11	a	a	DET
fueconorg-1774	88	12	supervisor	supervisor	NOUN
fueconorg-1774	88	13	in	in	ADP
fueconorg-1774	88	14	most	most	ADJ
fueconorg-1774	88	15	of	of	ADP
fueconorg-1774	88	16	the	the	DET
fueconorg-1774	88	17	financial	financial	ADJ
fueconorg-1774	88	18	systems	system	NOUN
fueconorg-1774	88	19	,	,	PUNCT
fueconorg-1774	88	20	the	the	DET
fueconorg-1774	88	21	central	central	ADJ
fueconorg-1774	88	22	bank	bank	NOUN
fueconorg-1774	88	23	has	have	VERB
fueconorg-1774	88	24	all	all	DET
fueconorg-1774	88	25	the	the	DET
fueconorg-1774	88	26	necessary	necessary	ADJ
fueconorg-1774	88	27	competence	competence	NOUN
fueconorg-1774	88	28	and	and	CCONJ
fueconorg-1774	88	29	experience	experience	NOUN
fueconorg-1774	88	30	to	to	PART
fueconorg-1774	88	31	have	have	VERB
fueconorg-1774	88	32	the	the	DET
fueconorg-1774	88	33	lead	lead	ADJ
fueconorg-1774	88	34	role	role	NOUN
fueconorg-1774	88	35	in	in	ADP
fueconorg-1774	88	36	achieving	achieve	VERB
fueconorg-1774	88	37	and	and	CCONJ
fueconorg-1774	88	38	maintaining	maintain	VERB
fueconorg-1774	88	39	financial	financial	ADJ
fueconorg-1774	88	40	stability	stability	NOUN
fueconorg-1774	88	41	.	.	PUNCT
fueconorg-1774	89	1	the	the	DET
fueconorg-1774	89	2	central	central	ADJ
fueconorg-1774	89	3	bank	bank	NOUN
fueconorg-1774	89	4	issues	issue	NOUN
fueconorg-1774	89	5	legal	legal	ADJ
fueconorg-1774	89	6	tender	tender	NOUN
fueconorg-1774	89	7	and	and	CCONJ
fueconorg-1774	89	8	supplies	supply	VERB
fueconorg-1774	89	9	the	the	DET
fueconorg-1774	89	10	banking	banking	NOUN
fueconorg-1774	89	11	sector	sector	NOUN
fueconorg-1774	89	12	with	with	ADP
fueconorg-1774	89	13	the	the	DET
fueconorg-1774	89	14	necessary	necessary	ADJ
fueconorg-1774	89	15	amount	amount	NOUN
fueconorg-1774	89	16	of	of	ADP
fueconorg-1774	89	17	liquid	liquid	ADJ
fueconorg-1774	89	18	assets	asset	NOUN
fueconorg-1774	89	19	.	.	PUNCT
fueconorg-1774	90	1	in	in	ADP
fueconorg-1774	90	2	addition	addition	NOUN
fueconorg-1774	90	3	,	,	PUNCT
fueconorg-1774	90	4	it	it	PRON
fueconorg-1774	90	5	is	be	AUX
fueconorg-1774	90	6	responsible	responsible	ADJ
fueconorg-1774	90	7	for	for	ADP
fueconorg-1774	90	8	the	the	DET
fueconorg-1774	90	9	payment	payment	NOUN
fueconorg-1774	90	10	system	system	NOUN
fueconorg-1774	90	11	and	and	CCONJ
fueconorg-1774	90	12	its	its	PRON
fueconorg-1774	90	13	efficient	efficient	ADJ
fueconorg-1774	90	14	functioning	functioning	NOUN
fueconorg-1774	90	15	.	.	PUNCT
fueconorg-1774	91	1	the	the	DET
fueconorg-1774	91	2	introduction	introduction	NOUN
fueconorg-1774	91	3	of	of	ADP
fueconorg-1774	91	4	a	a	DET
fueconorg-1774	91	5	real	real	ADJ
fueconorg-1774	91	6	-	-	PUNCT
fueconorg-1774	91	7	time	time	NOUN
fueconorg-1774	91	8	gross	gross	ADJ
fueconorg-1774	91	9	payment	payment	NOUN
fueconorg-1774	91	10	helped	help	VERB
fueconorg-1774	91	11	preventing	prevent	VERB
fueconorg-1774	91	12	the	the	DET
fueconorg-1774	91	13	spreading	spreading	NOUN
fueconorg-1774	91	14	of	of	ADP
fueconorg-1774	91	15	bankruptcy	bankruptcy	NOUN
fueconorg-1774	91	16	from	from	ADP
fueconorg-1774	91	17	one	one	NUM
fueconorg-1774	91	18	institution	institution	NOUN
fueconorg-1774	91	19	to	to	ADP
fueconorg-1774	91	20	another	another	PRON
fueconorg-1774	91	21	through	through	ADP
fueconorg-1774	91	22	the	the	DET
fueconorg-1774	91	23	payment	payment	NOUN
fueconorg-1774	91	24	system	system	NOUN
fueconorg-1774	91	25	.	.	PUNCT
fueconorg-1774	92	1	given	give	VERB
fueconorg-1774	92	2	that	that	SCONJ
fueconorg-1774	92	3	banks	bank	NOUN
fueconorg-1774	92	4	are	be	AUX
fueconorg-1774	92	5	the	the	DET
fueconorg-1774	92	6	main	main	ADJ
fueconorg-1774	92	7	channel	channel	NOUN
fueconorg-1774	92	8	for	for	ADP
fueconorg-1774	92	9	the	the	DET
fueconorg-1774	92	10	transmission	transmission	NOUN
fueconorg-1774	92	11	of	of	ADP
fueconorg-1774	92	12	monetary	monetary	ADJ
fueconorg-1774	92	13	policy	policy	NOUN
fueconorg-1774	92	14	,	,	PUNCT
fueconorg-1774	92	15	stable	stable	ADJ
fueconorg-1774	92	16	and	and	CCONJ
fueconorg-1774	92	17	sound	sound	ADJ
fueconorg-1774	92	18	operation	operation	NOUN
fueconorg-1774	92	19	of	of	ADP
fueconorg-1774	92	20	banks	bank	NOUN
fueconorg-1774	92	21	is	be	AUX
fueconorg-1774	92	22	a	a	DET
fueconorg-1774	92	23	necessary	necessary	ADJ
fueconorg-1774	92	24	precondition	precondition	NOUN
fueconorg-1774	92	25	for	for	ADP
fueconorg-1774	92	26	the	the	DET
fueconorg-1774	92	27	effective	effective	ADJ
fueconorg-1774	92	28	implementation	implementation	NOUN
fueconorg-1774	92	29	of	of	ADP
fueconorg-1774	92	30	monetary	monetary	ADJ
fueconorg-1774	92	31	policy	policy	NOUN
fueconorg-1774	92	32	(	(	PUNCT
fueconorg-1774	92	33	bank	bank	NOUN
fueconorg-1774	92	34	for	for	ADP
fueconorg-1774	92	35	international	international	ADJ
fueconorg-1774	92	36	settlements	settlement	NOUN
fueconorg-1774	92	37	,	,	PUNCT
fueconorg-1774	92	38	2003	2003	NUM
fueconorg-1774	92	39	)	)	PUNCT
fueconorg-1774	92	40	.	.	PUNCT
fueconorg-1774	93	1	once	once	SCONJ
fueconorg-1774	93	2	financial	financial	ADJ
fueconorg-1774	93	3	instability	instability	NOUN
fueconorg-1774	93	4	occurs	occur	VERB
fueconorg-1774	93	5	,	,	PUNCT
fueconorg-1774	93	6	monetary	monetary	ADJ
fueconorg-1774	93	7	instability	instability	NOUN
fueconorg-1774	93	8	is	be	AUX
fueconorg-1774	93	9	likely	likely	ADJ
fueconorg-1774	93	10	to	to	PART
fueconorg-1774	93	11	follow	follow	VERB
fueconorg-1774	93	12	,	,	PUNCT
fueconorg-1774	93	13	which	which	PRON
fueconorg-1774	93	14	is	be	AUX
fueconorg-1774	93	15	another	another	DET
fueconorg-1774	93	16	thing	thing	NOUN
fueconorg-1774	93	17	that	that	PRON
fueconorg-1774	93	18	goes	go	VERB
fueconorg-1774	93	19	in	in	ADP
fueconorg-1774	93	20	favor	favor	NOUN
fueconorg-1774	93	21	for	for	SCONJ
fueconorg-1774	93	22	the	the	DET
fueconorg-1774	93	23	central	central	ADJ
fueconorg-1774	93	24	bank	bank	NOUN
fueconorg-1774	93	25	to	to	PART
fueconorg-1774	93	26	be	be	AUX
fueconorg-1774	93	27	responsible	responsible	ADJ
fueconorg-1774	93	28	for	for	ADP
fueconorg-1774	93	29	both	both	DET
fueconorg-1774	93	30	aspects	aspect	NOUN
fueconorg-1774	93	31	of	of	ADP
fueconorg-1774	93	32	stability	stability	NOUN
fueconorg-1774	93	33	.	.	PUNCT
fueconorg-1774	94	1	monetary	monetary	ADJ
fueconorg-1774	94	2	policy	policy	NOUN
fueconorg-1774	94	3	,	,	PUNCT
fueconorg-1774	94	4	although	although	SCONJ
fueconorg-1774	94	5	primarily	primarily	ADV
fueconorg-1774	94	6	aimed	aim	VERB
fueconorg-1774	94	7	at	at	ADP
fueconorg-1774	94	8	the	the	DET
fueconorg-1774	94	9	preservation	preservation	NOUN
fueconorg-1774	94	10	of	of	ADP
fueconorg-1774	94	11	price	price	NOUN
fueconorg-1774	94	12	stability	stability	NOUN
fueconorg-1774	94	13	,	,	PUNCT
fueconorg-1774	94	14	must	must	AUX
fueconorg-1774	94	15	consider	consider	VERB
fueconorg-1774	94	16	the	the	DET
fueconorg-1774	94	17	impact	impact	NOUN
fueconorg-1774	94	18	of	of	ADP
fueconorg-1774	94	19	its	its	PRON
fueconorg-1774	94	20	measures	measure	NOUN
fueconorg-1774	94	21	on	on	ADP
fueconorg-1774	94	22	financial	financial	ADJ
fueconorg-1774	94	23	stability	stability	NOUN
fueconorg-1774	94	24	.	.	PUNCT
fueconorg-1774	95	1	during	during	ADP
fueconorg-1774	95	2	the	the	DET
fueconorg-1774	95	3	recent	recent	ADJ
fueconorg-1774	95	4	financial	financial	ADJ
fueconorg-1774	95	5	crisis	crisis	NOUN
fueconorg-1774	95	6	,	,	PUNCT
fueconorg-1774	95	7	it	it	PRON
fueconorg-1774	95	8	was	be	AUX
fueconorg-1774	95	9	monetary	monetary	ADJ
fueconorg-1774	95	10	policy	policy	NOUN
fueconorg-1774	95	11	that	that	PRON
fueconorg-1774	95	12	was	be	AUX
fueconorg-1774	95	13	used	use	VERB
fueconorg-1774	95	14	as	as	ADP
fueconorg-1774	95	15	the	the	DET
fueconorg-1774	95	16	first	first	ADJ
fueconorg-1774	95	17	anti	anti	ADJ
fueconorg-1774	95	18	-	-	ADJ
fueconorg-1774	95	19	crisis	crisis	ADJ
fueconorg-1774	95	20	instrument	instrument	NOUN
fueconorg-1774	95	21	that	that	PRON
fueconorg-1774	95	22	used	use	VERB
fueconorg-1774	95	23	its	its	PRON
fueconorg-1774	95	24	expansionary	expansionary	ADJ
fueconorg-1774	95	25	course	course	NOUN
fueconorg-1774	95	26	of	of	ADP
fueconorg-1774	95	27	action	action	NOUN
fueconorg-1774	95	28	to	to	PART
fueconorg-1774	95	29	increase	increase	VERB
fueconorg-1774	95	30	the	the	DET
fueconorg-1774	95	31	liquidity	liquidity	NOUN
fueconorg-1774	95	32	in	in	ADP
fueconorg-1774	95	33	the	the	DET
fueconorg-1774	95	34	system	system	NOUN
fueconorg-1774	95	35	.	.	PUNCT
fueconorg-1774	96	1	the	the	DET
fueconorg-1774	96	2	policy	policy	NOUN
fueconorg-1774	96	3	of	of	ADP
fueconorg-1774	96	4	low	low	ADJ
fueconorg-1774	96	5	136	136	NUM
fueconorg-1774	96	6	m.	m.	NOUN
fueconorg-1774	96	7	jemović	jemović	PROPN
fueconorg-1774	96	8	,	,	PUNCT
fueconorg-1774	96	9	s.	s.	PROPN
fueconorg-1774	96	10	marinković	marinković	PROPN
fueconorg-1774	96	11	interest	interest	NOUN
fueconorg-1774	96	12	rates	rate	NOUN
fueconorg-1774	96	13	and	and	CCONJ
fueconorg-1774	96	14	the	the	DET
fueconorg-1774	96	15	implementation	implementation	NOUN
fueconorg-1774	96	16	of	of	ADP
fueconorg-1774	96	17	a	a	DET
fueconorg-1774	96	18	number	number	NOUN
fueconorg-1774	96	19	of	of	ADP
fueconorg-1774	96	20	unconventional	unconventional	ADJ
fueconorg-1774	96	21	monetary	monetary	ADJ
fueconorg-1774	96	22	policy	policy	NOUN
fueconorg-1774	96	23	measures	measure	NOUN
fueconorg-1774	96	24	had	have	AUX
fueconorg-1774	96	25	had	have	VERB
fueconorg-1774	96	26	assets	asset	NOUN
fueconorg-1774	96	27	of	of	ADP
fueconorg-1774	96	28	central	central	ADJ
fueconorg-1774	96	29	banks	bank	NOUN
fueconorg-1774	96	30	increased	increase	VERB
fueconorg-1774	96	31	many	many	ADJ
fueconorg-1774	96	32	times	time	NOUN
fueconorg-1774	96	33	,	,	PUNCT
fueconorg-1774	96	34	due	due	ADP
fueconorg-1774	96	35	to	to	ADP
fueconorg-1774	96	36	which	which	PRON
fueconorg-1774	96	37	,	,	PUNCT
fueconorg-1774	96	38	further	further	ADJ
fueconorg-1774	96	39	financial	financial	ADJ
fueconorg-1774	96	40	stability	stability	NOUN
fueconorg-1774	96	41	had	have	AUX
fueconorg-1774	96	42	become	become	AUX
fueconorg-1774	96	43	directly	directly	ADV
fueconorg-1774	96	44	conditioned	condition	VERB
fueconorg-1774	96	45	by	by	ADP
fueconorg-1774	96	46	fiscal	fiscal	ADJ
fueconorg-1774	96	47	policy	policy	NOUN
fueconorg-1774	96	48	.	.	PUNCT
fueconorg-1774	97	1	however	however	ADV
fueconorg-1774	97	2	,	,	PUNCT
fueconorg-1774	97	3	a	a	DET
fueconorg-1774	97	4	significant	significant	ADJ
fueconorg-1774	97	5	state	state	NOUN
fueconorg-1774	97	6	support	support	NOUN
fueconorg-1774	97	7	for	for	ADP
fueconorg-1774	97	8	the	the	DET
fueconorg-1774	97	9	banking	banking	NOUN
fueconorg-1774	97	10	sector	sector	NOUN
fueconorg-1774	97	11	arranged	arrange	VERB
fueconorg-1774	97	12	during	during	ADP
fueconorg-1774	97	13	the	the	DET
fueconorg-1774	97	14	recent	recent	ADJ
fueconorg-1774	97	15	financial	financial	ADJ
fueconorg-1774	97	16	crisis	crisis	NOUN
fueconorg-1774	97	17	,	,	PUNCT
fueconorg-1774	97	18	raised	raise	VERB
fueconorg-1774	97	19	the	the	DET
fueconorg-1774	97	20	question	question	NOUN
fueconorg-1774	97	21	of	of	ADP
fueconorg-1774	97	22	fiscal	fiscal	ADJ
fueconorg-1774	97	23	sustainability	sustainability	NOUN
fueconorg-1774	97	24	of	of	ADP
fueconorg-1774	97	25	many	many	ADJ
fueconorg-1774	97	26	national	national	ADJ
fueconorg-1774	97	27	economies	economy	NOUN
fueconorg-1774	97	28	,	,	PUNCT
fueconorg-1774	97	29	thus	thus	ADV
fueconorg-1774	97	30	illuminating	illuminate	VERB
fueconorg-1774	97	31	the	the	DET
fueconorg-1774	97	32	relationship	relationship	NOUN
fueconorg-1774	97	33	between	between	ADP
fueconorg-1774	97	34	financial	financial	ADJ
fueconorg-1774	97	35	sector	sector	NOUN
fueconorg-1774	97	36	stability	stability	NOUN
fueconorg-1774	97	37	and	and	CCONJ
fueconorg-1774	97	38	the	the	DET
fueconorg-1774	97	39	level	level	NOUN
fueconorg-1774	97	40	of	of	ADP
fueconorg-1774	97	41	public	public	ADJ
fueconorg-1774	97	42	debt	debt	NOUN
fueconorg-1774	97	43	and	and	CCONJ
fueconorg-1774	97	44	budget	budget	NOUN
fueconorg-1774	97	45	deficit	deficit	NOUN
fueconorg-1774	97	46	.	.	PUNCT
fueconorg-1774	98	1	due	due	ADP
fueconorg-1774	98	2	to	to	ADP
fueconorg-1774	98	3	the	the	DET
fueconorg-1774	98	4	lack	lack	NOUN
fueconorg-1774	98	5	of	of	ADP
fueconorg-1774	98	6	adequate	adequate	ADJ
fueconorg-1774	98	7	macroprudential	macroprudential	ADJ
fueconorg-1774	98	8	regime	regime	NOUN
fueconorg-1774	98	9	in	in	ADP
fueconorg-1774	98	10	a	a	DET
fueconorg-1774	98	11	number	number	NOUN
fueconorg-1774	98	12	of	of	ADP
fueconorg-1774	98	13	countries	country	NOUN
fueconorg-1774	98	14	,	,	PUNCT
fueconorg-1774	98	15	both	both	CCONJ
fueconorg-1774	98	16	monetary	monetary	ADJ
fueconorg-1774	98	17	and	and	CCONJ
fueconorg-1774	98	18	fiscal	fiscal	ADJ
fueconorg-1774	98	19	policy	policy	NOUN
fueconorg-1774	98	20	played	play	VERB
fueconorg-1774	98	21	a	a	DET
fueconorg-1774	98	22	significant	significant	ADJ
fueconorg-1774	98	23	role	role	NOUN
fueconorg-1774	98	24	in	in	ADP
fueconorg-1774	98	25	calming	calm	VERB
fueconorg-1774	98	26	the	the	DET
fueconorg-1774	98	27	financial	financial	ADJ
fueconorg-1774	98	28	crisis	crisis	NOUN
fueconorg-1774	98	29	.	.	PUNCT
fueconorg-1774	99	1	of	of	ADP
fueconorg-1774	99	2	course	course	ADV
fueconorg-1774	99	3	,	,	PUNCT
fueconorg-1774	99	4	monetary	monetary	ADJ
fueconorg-1774	99	5	and	and	CCONJ
fueconorg-1774	99	6	fiscal	fiscal	ADJ
fueconorg-1774	99	7	policy	policy	NOUN
fueconorg-1774	99	8	should	should	AUX
fueconorg-1774	99	9	primarily	primarily	ADV
fueconorg-1774	99	10	be	be	AUX
fueconorg-1774	99	11	responsible	responsible	ADJ
fueconorg-1774	99	12	for	for	ADP
fueconorg-1774	99	13	the	the	DET
fueconorg-1774	99	14	basic	basic	ADJ
fueconorg-1774	99	15	objectives	objective	NOUN
fueconorg-1774	99	16	of	of	ADP
fueconorg-1774	99	17	their	their	PRON
fueconorg-1774	99	18	policies	policy	NOUN
fueconorg-1774	99	19	,	,	PUNCT
fueconorg-1774	99	20	which	which	PRON
fueconorg-1774	99	21	is	be	AUX
fueconorg-1774	99	22	the	the	DET
fueconorg-1774	99	23	reason	reason	NOUN
fueconorg-1774	99	24	why	why	SCONJ
fueconorg-1774	99	25	macroprudential	macroprudential	ADJ
fueconorg-1774	99	26	policy	policy	NOUN
fueconorg-1774	99	27	should	should	AUX
fueconorg-1774	99	28	be	be	AUX
fueconorg-1774	99	29	further	far	ADV
fueconorg-1774	99	30	improved	improve	VERB
fueconorg-1774	99	31	.	.	PUNCT
fueconorg-1774	100	1	monetary	monetary	ADJ
fueconorg-1774	100	2	and	and	CCONJ
fueconorg-1774	100	3	macroprudential	macroprudential	ADJ
fueconorg-1774	100	4	policies	policy	NOUN
fueconorg-1774	100	5	are	be	AUX
fueconorg-1774	100	6	singled	single	VERB
fueconorg-1774	100	7	out	out	ADP
fueconorg-1774	100	8	as	as	ADP
fueconorg-1774	100	9	a	a	DET
fueconorg-1774	100	10	countercyclical	countercyclical	ADJ
fueconorg-1774	100	11	policies	policy	NOUN
fueconorg-1774	100	12	the	the	DET
fueconorg-1774	100	13	former	former	ADJ
fueconorg-1774	100	14	is	be	AUX
fueconorg-1774	100	15	concerned	concern	VERB
fueconorg-1774	100	16	with	with	ADP
fueconorg-1774	100	17	price	price	NOUN
fueconorg-1774	100	18	stability	stability	NOUN
fueconorg-1774	100	19	,	,	PUNCT
fueconorg-1774	100	20	and	and	CCONJ
fueconorg-1774	100	21	the	the	DET
fueconorg-1774	100	22	latter	latter	ADJ
fueconorg-1774	100	23	with	with	ADP
fueconorg-1774	100	24	the	the	DET
fueconorg-1774	100	25	stability	stability	NOUN
fueconorg-1774	100	26	of	of	ADP
fueconorg-1774	100	27	the	the	DET
fueconorg-1774	100	28	financial	financial	ADJ
fueconorg-1774	100	29	system	system	NOUN
fueconorg-1774	100	30	.	.	PUNCT
fueconorg-1774	101	1	microprudential	microprudential	ADJ
fueconorg-1774	101	2	policy	policy	NOUN
fueconorg-1774	101	3	is	be	AUX
fueconorg-1774	101	4	concerned	concern	VERB
fueconorg-1774	101	5	with	with	ADP
fueconorg-1774	101	6	the	the	DET
fueconorg-1774	101	7	stability	stability	NOUN
fueconorg-1774	101	8	of	of	ADP
fueconorg-1774	101	9	individual	individual	ADJ
fueconorg-1774	101	10	banks	bank	NOUN
fueconorg-1774	101	11	.	.	PUNCT
fueconorg-1774	102	1	it	it	PRON
fueconorg-1774	102	2	is	be	AUX
fueconorg-1774	102	3	necessary	necessary	ADJ
fueconorg-1774	102	4	to	to	PART
fueconorg-1774	102	5	bear	bear	VERB
fueconorg-1774	102	6	in	in	ADP
fueconorg-1774	102	7	mind	mind	NOUN
fueconorg-1774	102	8	that	that	SCONJ
fueconorg-1774	102	9	sometimes	sometimes	ADV
fueconorg-1774	102	10	it	it	PRON
fueconorg-1774	102	11	is	be	AUX
fueconorg-1774	102	12	very	very	ADV
fueconorg-1774	102	13	difficult	difficult	ADJ
fueconorg-1774	102	14	to	to	PART
fueconorg-1774	102	15	separate	separate	VERB
fueconorg-1774	102	16	microprudential	microprudential	ADJ
fueconorg-1774	102	17	policy	policy	NOUN
fueconorg-1774	102	18	from	from	ADP
fueconorg-1774	102	19	macroprudential	macroprudential	ADJ
fueconorg-1774	102	20	one	one	NOUN
fueconorg-1774	102	21	,	,	PUNCT
fueconorg-1774	102	22	given	give	VERB
fueconorg-1774	102	23	that	that	DET
fueconorg-1774	102	24	macroprudential	macroprudential	ADJ
fueconorg-1774	102	25	policy	policy	NOUN
fueconorg-1774	102	26	is	be	AUX
fueconorg-1774	102	27	largely	largely	ADV
fueconorg-1774	102	28	implemented	implement	VERB
fueconorg-1774	102	29	by	by	ADP
fueconorg-1774	102	30	means	mean	NOUN
fueconorg-1774	102	31	of	of	ADP
fueconorg-1774	102	32	instruments	instrument	NOUN
fueconorg-1774	102	33	of	of	ADP
fueconorg-1774	102	34	microprudential	microprudential	ADJ
fueconorg-1774	102	35	policy	policy	NOUN
fueconorg-1774	102	36	.	.	PUNCT
fueconorg-1774	103	1	the	the	DET
fueconorg-1774	103	2	connection	connection	NOUN
fueconorg-1774	103	3	of	of	ADP
fueconorg-1774	103	4	those	those	DET
fueconorg-1774	103	5	policies	policy	NOUN
fueconorg-1774	103	6	have	have	AUX
fueconorg-1774	103	7	caused	cause	VERB
fueconorg-1774	103	8	the	the	DET
fueconorg-1774	103	9	european	european	PROPN
fueconorg-1774	103	10	central	central	PROPN
fueconorg-1774	103	11	bank	bank	PROPN
fueconorg-1774	103	12	(	(	PUNCT
fueconorg-1774	103	13	ecb	ecb	NOUN
fueconorg-1774	103	14	)	)	PUNCT
fueconorg-1774	103	15	to	to	PART
fueconorg-1774	103	16	expand	expand	VERB
fueconorg-1774	103	17	the	the	DET
fueconorg-1774	103	18	field	field	NOUN
fueconorg-1774	103	19	and	and	CCONJ
fueconorg-1774	103	20	deadline	deadline	NOUN
fueconorg-1774	103	21	for	for	ADP
fueconorg-1774	103	22	monetary	monetary	ADJ
fueconorg-1774	103	23	analysis	analysis	NOUN
fueconorg-1774	103	24	,	,	PUNCT
fueconorg-1774	103	25	in	in	ADP
fueconorg-1774	103	26	order	order	NOUN
fueconorg-1774	103	27	to	to	PART
fueconorg-1774	103	28	adequately	adequately	ADV
fueconorg-1774	103	29	comprehend	comprehend	VERB
fueconorg-1774	103	30	the	the	DET
fueconorg-1774	103	31	implications	implication	NOUN
fueconorg-1774	103	32	of	of	ADP
fueconorg-1774	103	33	the	the	DET
fueconorg-1774	103	34	financial	financial	ADJ
fueconorg-1774	103	35	system	system	NOUN
fueconorg-1774	103	36	stability	stability	NOUN
fueconorg-1774	103	37	on	on	ADP
fueconorg-1774	103	38	price	price	NOUN
fueconorg-1774	103	39	stability	stability	NOUN
fueconorg-1774	103	40	,	,	PUNCT
fueconorg-1774	103	41	which	which	PRON
fueconorg-1774	103	42	is	be	AUX
fueconorg-1774	103	43	set	set	VERB
fueconorg-1774	103	44	aside	aside	ADV
fueconorg-1774	103	45	as	as	ADP
fueconorg-1774	103	46	a	a	DET
fueconorg-1774	103	47	complementary	complementary	ADJ
fueconorg-1774	103	48	measure	measure	NOUN
fueconorg-1774	103	49	to	to	ADP
fueconorg-1774	103	50	the	the	DET
fueconorg-1774	103	51	use	use	NOUN
fueconorg-1774	103	52	of	of	ADP
fueconorg-1774	103	53	macroprudential	macroprudential	ADJ
fueconorg-1774	103	54	instruments	instrument	NOUN
fueconorg-1774	103	55	aimed	aim	VERB
fueconorg-1774	103	56	at	at	ADP
fueconorg-1774	103	57	limiting	limit	VERB
fueconorg-1774	103	58	ups	up	NOUN
fueconorg-1774	103	59	and	and	CCONJ
fueconorg-1774	103	60	downs	down	NOUN
fueconorg-1774	103	61	on	on	ADP
fueconorg-1774	103	62	the	the	DET
fueconorg-1774	103	63	credit	credit	NOUN
fueconorg-1774	103	64	market	market	NOUN
fueconorg-1774	103	65	in	in	ADP
fueconorg-1774	103	66	recent	recent	ADJ
fueconorg-1774	103	67	decades	decade	NOUN
fueconorg-1774	103	68	.	.	PUNCT
fueconorg-1774	104	1	in	in	ADP
fueconorg-1774	104	2	this	this	DET
fueconorg-1774	104	3	sense	sense	NOUN
fueconorg-1774	104	4	,	,	PUNCT
fueconorg-1774	104	5	the	the	DET
fueconorg-1774	104	6	following	follow	VERB
fueconorg-1774	104	7	question	question	NOUN
fueconorg-1774	104	8	arises	arise	VERB
fueconorg-1774	104	9	:	:	PUNCT
fueconorg-1774	104	10	"	"	PUNCT
fueconorg-1774	104	11	is	be	AUX
fueconorg-1774	104	12	it	it	PRON
fueconorg-1774	104	13	necessary	necessary	ADJ
fueconorg-1774	104	14	to	to	PART
fueconorg-1774	104	15	expand	expand	VERB
fueconorg-1774	104	16	the	the	DET
fueconorg-1774	104	17	jurisdiction	jurisdiction	NOUN
fueconorg-1774	104	18	of	of	ADP
fueconorg-1774	104	19	the	the	DET
fueconorg-1774	104	20	functions	function	NOUN
fueconorg-1774	104	21	of	of	ADP
fueconorg-1774	104	22	monetary	monetary	ADJ
fueconorg-1774	104	23	regulation	regulation	NOUN
fueconorg-1774	104	24	,	,	PUNCT
fueconorg-1774	104	25	so	so	SCONJ
fueconorg-1774	104	26	that	that	SCONJ
fueconorg-1774	104	27	it	it	PRON
fueconorg-1774	104	28	can	can	AUX
fueconorg-1774	104	29	be	be	AUX
fueconorg-1774	104	30	responsible	responsible	ADJ
fueconorg-1774	104	31	for	for	ADP
fueconorg-1774	104	32	pursuing	pursue	VERB
fueconorg-1774	104	33	and	and	CCONJ
fueconorg-1774	104	34	strengthening	strengthen	VERB
fueconorg-1774	104	35	financial	financial	ADJ
fueconorg-1774	104	36	stability	stability	NOUN
fueconorg-1774	104	37	?	?	PUNCT
fueconorg-1774	104	38	"	"	PUNCT
fueconorg-1774	104	39	.	.	PUNCT
fueconorg-1774	105	1	three	three	NUM
fueconorg-1774	105	2	views	view	NOUN
fueconorg-1774	105	3	have	have	AUX
fueconorg-1774	105	4	risen	rise	VERB
fueconorg-1774	105	5	from	from	ADP
fueconorg-1774	105	6	this	this	DET
fueconorg-1774	105	7	question	question	NOUN
fueconorg-1774	105	8	:	:	PUNCT
fueconorg-1774	105	9	a	a	X
fueconorg-1774	105	10	)	)	PUNCT
fueconorg-1774	105	11	modified	modify	VERB
fueconorg-1774	105	12	jackson	jackson	PROPN
fueconorg-1774	105	13	hole	hole	PROPN
fueconorg-1774	105	14	consensus	consensus	PROPN
fueconorg-1774	105	15	,	,	PUNCT
fueconorg-1774	105	16	b	b	NOUN
fueconorg-1774	105	17	)	)	PUNCT
fueconorg-1774	105	18	leaning	lean	VERB
fueconorg-1774	105	19	against	against	ADP
fueconorg-1774	105	20	the	the	DET
fueconorg-1774	105	21	wind	wind	NOUN
fueconorg-1774	105	22	vindicated	vindicate	VERB
fueconorg-1774	105	23	c	c	NOUN
fueconorg-1774	105	24	)	)	PUNCT
fueconorg-1774	105	25	financial	financial	ADJ
fueconorg-1774	105	26	stability	stability	NOUN
fueconorg-1774	105	27	is	be	AUX
fueconorg-1774	105	28	price	price	NOUN
fueconorg-1774	105	29	stability	stability	NOUN
fueconorg-1774	105	30	(	(	PUNCT
fueconorg-1774	105	31	smets	smet	NOUN
fueconorg-1774	105	32	,	,	PUNCT
fueconorg-1774	105	33	2013	2013	NUM
fueconorg-1774	105	34	,	,	PUNCT
fueconorg-1774	105	35	p.	p.	NOUN
fueconorg-1774	105	36	125	125	NUM
fueconorg-1774	105	37	)	)	PUNCT
fueconorg-1774	105	38	.	.	PUNCT
fueconorg-1774	106	1	table	table	NOUN
fueconorg-1774	106	2	1	1	NUM
fueconorg-1774	106	3	.	.	PUNCT
fueconorg-1774	106	4	potential	potential	ADJ
fueconorg-1774	106	5	views	view	NOUN
fueconorg-1774	106	6	to	to	ADP
fueconorg-1774	106	7	the	the	DET
fueconorg-1774	106	8	role	role	NOUN
fueconorg-1774	106	9	of	of	ADP
fueconorg-1774	106	10	monetary	monetary	ADJ
fueconorg-1774	106	11	policy	policy	NOUN
fueconorg-1774	106	12	in	in	ADP
fueconorg-1774	106	13	maintaining	maintain	VERB
fueconorg-1774	106	14	financial	financial	ADJ
fueconorg-1774	106	15	stability	stability	NOUN
fueconorg-1774	106	16	modified	modify	VERB
fueconorg-1774	106	17	jackson	jackson	PROPN
fueconorg-1774	106	18	hole	hole	PROPN
fueconorg-1774	106	19	consensus	consensus	NOUN
fueconorg-1774	106	20	leaning	lean	VERB
fueconorg-1774	106	21	against	against	ADP
fueconorg-1774	106	22	the	the	DET
fueconorg-1774	106	23	wind	wind	NOUN
fueconorg-1774	106	24	windicated	windicate	VERB
fueconorg-1774	106	25	financial	financial	ADJ
fueconorg-1774	106	26	stability	stability	NOUN
fueconorg-1774	106	27	is	be	AUX
fueconorg-1774	106	28	price	price	NOUN
fueconorg-1774	106	29	stability	stability	NOUN
fueconorg-1774	106	30	monetary	monetary	ADJ
fueconorg-1774	106	31	policy	policy	NOUN
fueconorg-1774	106	32	framework	framework	NOUN
fueconorg-1774	106	33	largerly	largerly	ADV
fueconorg-1774	106	34	unchanged	unchanged	ADJ
fueconorg-1774	106	35	.	.	PUNCT
fueconorg-1774	107	1	limited	limited	ADJ
fueconorg-1774	107	2	effects	effect	NOUN
fueconorg-1774	107	3	on	on	ADP
fueconorg-1774	107	4	credit	credit	NOUN
fueconorg-1774	107	5	and	and	CCONJ
fueconorg-1774	107	6	risk	risk	NOUN
fueconorg-1774	107	7	taking	taking	NOUN
fueconorg-1774	107	8	.	.	PUNCT
fueconorg-1774	108	1	blunt	blunt	ADJ
fueconorg-1774	108	2	instrument	instrument	NOUN
fueconorg-1774	108	3	to	to	PART
fueconorg-1774	108	4	deal	deal	VERB
fueconorg-1774	108	5	with	with	ADP
fueconorg-1774	108	6	imbalances	imbalance	NOUN
fueconorg-1774	108	7	.	.	PUNCT
fueconorg-1774	109	1	financial	financial	ADJ
fueconorg-1774	109	2	stability	stability	NOUN
fueconorg-1774	109	3	as	as	ADP
fueconorg-1774	109	4	secondary	secondary	ADJ
fueconorg-1774	109	5	objective	objective	NOUN
fueconorg-1774	109	6	:	:	PUNCT
fueconorg-1774	109	7	lengthening	lengthen	VERB
fueconorg-1774	109	8	of	of	ADP
fueconorg-1774	109	9	horizon	horizon	NOUN
fueconorg-1774	109	10	.	.	PUNCT
fueconorg-1774	110	1	affects	affect	VERB
fueconorg-1774	110	2	risk	risk	NOUN
fueconorg-1774	110	3	-	-	PUNCT
fueconorg-1774	110	4	taking	taking	NOUN
fueconorg-1774	110	5	.	.	PUNCT
fueconorg-1774	111	1	„	„	PUNCT
fueconorg-1774	111	2	gets	get	VERB
fueconorg-1774	111	3	in	in	ADP
fueconorg-1774	111	4	all	all	PRON
fueconorg-1774	111	5	of	of	ADP
fueconorg-1774	111	6	the	the	DET
fueconorg-1774	111	7	cracks	crack	NOUN
fueconorg-1774	111	8	“	"	PUNCT
fueconorg-1774	111	9	twin	twin	ADJ
fueconorg-1774	111	10	objectives	objective	NOUN
fueconorg-1774	111	11	on	on	ADP
fueconorg-1774	111	12	equal	equal	ADJ
fueconorg-1774	111	13	footing	footing	NOUN
fueconorg-1774	111	14	.	.	PUNCT
fueconorg-1774	112	1	unblocks	unblock	VERB
fueconorg-1774	112	2	balance	balance	NOUN
fueconorg-1774	112	3	sheet	sheet	NOUN
fueconorg-1774	112	4	impairments	impairment	NOUN
fueconorg-1774	112	5	;	;	PUNCT
fueconorg-1774	112	6	avoids	avoid	VERB
fueconorg-1774	112	7	financial	financial	ADJ
fueconorg-1774	112	8	imbalances	imbalance	NOUN
fueconorg-1774	112	9	in	in	ADP
fueconorg-1774	112	10	upturns	upturn	NOUN
fueconorg-1774	112	11	macro	macro	X
fueconorg-1774	112	12	prudential	prudential	PROPN
fueconorg-1774	112	13	policy	policy	NOUN
fueconorg-1774	112	14	granular	granular	ADJ
fueconorg-1774	112	15	and	and	CCONJ
fueconorg-1774	112	16	effective	effective	ADJ
fueconorg-1774	112	17	can	can	AUX
fueconorg-1774	112	18	not	not	PART
fueconorg-1774	112	19	fully	fully	ADV
fueconorg-1774	112	20	address	address	VERB
fueconorg-1774	112	21	financial	financial	ADJ
fueconorg-1774	112	22	cycle	cycle	NOUN
fueconorg-1774	112	23	;	;	PUNCT
fueconorg-1774	112	24	arbitrage	arbitrage	NOUN
fueconorg-1774	112	25	indistinguishable	indistinguishable	ADJ
fueconorg-1774	112	26	from	from	ADP
fueconorg-1774	112	27	monetary	monetary	ADJ
fueconorg-1774	112	28	policy	policy	NOUN
fueconorg-1774	112	29	interaction	interaction	NOUN
fueconorg-1774	112	30	limited	limit	VERB
fueconorg-1774	112	31	interaction	interaction	NOUN
fueconorg-1774	112	32	and	and	CCONJ
fueconorg-1774	112	33	easy	easy	ADJ
fueconorg-1774	112	34	separation	separation	NOUN
fueconorg-1774	112	35	of	of	ADP
fueconorg-1774	112	36	objectives	objective	NOUN
fueconorg-1774	112	37	and	and	CCONJ
fueconorg-1774	112	38	instruments	instrument	NOUN
fueconorg-1774	112	39	.	.	PUNCT
fueconorg-1774	113	1	financial	financial	ADJ
fueconorg-1774	113	2	fragility	fragility	NOUN
fueconorg-1774	113	3	affects	affect	VERB
fueconorg-1774	113	4	monetary	monetary	ADJ
fueconorg-1774	113	5	transmission	transmission	NOUN
fueconorg-1774	113	6	and	and	CCONJ
fueconorg-1774	113	7	price	price	NOUN
fueconorg-1774	113	8	stability	stability	NOUN
fueconorg-1774	113	9	financial	financial	ADJ
fueconorg-1774	113	10	stability	stability	NOUN
fueconorg-1774	113	11	and	and	CCONJ
fueconorg-1774	113	12	price	price	NOUN
fueconorg-1774	113	13	stability	stability	NOUN
fueconorg-1774	113	14	are	be	AUX
fueconorg-1774	113	15	intimately	intimately	ADV
fueconorg-1774	113	16	interlinked	interlink	VERB
fueconorg-1774	113	17	issues	issue	NOUN
fueconorg-1774	113	18	coordination	coordination	NOUN
fueconorg-1774	113	19	?	?	PUNCT
fueconorg-1774	114	1	lender	lender	NOUN
fueconorg-1774	114	2	of	of	ADP
fueconorg-1774	114	3	last	last	ADJ
fueconorg-1774	114	4	resort	resort	NOUN
fueconorg-1774	114	5	?	?	PUNCT
fueconorg-1774	115	1	coordination	coordination	NOUN
fueconorg-1774	115	2	?	?	PUNCT
fueconorg-1774	116	1	overburden	overburden	VERB
fueconorg-1774	116	2	money	money	NOUN
fueconorg-1774	116	3	policy	policy	NOUN
fueconorg-1774	116	4	?	?	PUNCT
fueconorg-1774	117	1	time	time	NOUN
fueconorg-1774	117	2	inconsistency	inconsistency	NOUN
fueconorg-1774	117	3	problems	problem	NOUN
fueconorg-1774	117	4	?	?	PUNCT
fueconorg-1774	118	1	models	model	NOUN
fueconorg-1774	118	2	svensson	svensson	PROPN
fueconorg-1774	118	3	;	;	PUNCT
fueconorg-1774	118	4	collard	collard	NOUN
fueconorg-1774	118	5	,	,	PUNCT
fueconorg-1774	118	6	dellas	dellas	PROPN
fueconorg-1774	118	7	,	,	PUNCT
fueconorg-1774	118	8	diba	diba	PROPN
fueconorg-1774	118	9	and	and	CCONJ
fueconorg-1774	118	10	loisel	loisel	PROPN
fueconorg-1774	118	11	(	(	PUNCT
fueconorg-1774	118	12	2012	2012	NUM
fueconorg-1774	118	13	)	)	PUNCT
fueconorg-1774	118	14	borio	borio	NOUN
fueconorg-1774	118	15	;	;	PUNCT
fueconorg-1774	118	16	woodford	woodford	PROPN
fueconorg-1774	118	17	(	(	PUNCT
fueconorg-1774	118	18	2012	2012	NUM
fueconorg-1774	118	19	)	)	PUNCT
fueconorg-1774	118	20	brunnermeier	brunnermeier	NOUN
fueconorg-1774	118	21	and	and	CCONJ
fueconorg-1774	118	22	sannikov	sannikov	NOUN
fueconorg-1774	118	23	(	(	PUNCT
fueconorg-1774	118	24	2012	2012	NUM
fueconorg-1774	118	25	)	)	PUNCT
fueconorg-1774	118	26	source	source	NOUN
fueconorg-1774	118	27	:	:	PUNCT
fueconorg-1774	118	28	(	(	PUNCT
fueconorg-1774	118	29	smets	smet	NOUN
fueconorg-1774	118	30	,	,	PUNCT
fueconorg-1774	118	31	2013	2013	NUM
fueconorg-1774	118	32	,	,	PUNCT
fueconorg-1774	118	33	p.	p.	NOUN
fueconorg-1774	118	34	134	134	NUM
fueconorg-1774	118	35	)	)	PUNCT
fueconorg-1774	118	36	the	the	DET
fueconorg-1774	118	37	role	role	NOUN
fueconorg-1774	118	38	of	of	ADP
fueconorg-1774	118	39	monetary	monetary	ADJ
fueconorg-1774	118	40	and	and	CCONJ
fueconorg-1774	118	41	macroprudential	macroprudential	ADJ
fueconorg-1774	118	42	policies	policy	NOUN
fueconorg-1774	118	43	in	in	ADP
fueconorg-1774	118	44	pursuit	pursuit	NOUN
fueconorg-1774	118	45	of	of	ADP
fueconorg-1774	118	46	financial	financial	ADJ
fueconorg-1774	118	47	stability	stability	NOUN
fueconorg-1774	118	48	137	137	NUM
fueconorg-1774	118	49	the	the	DET
fueconorg-1774	118	50	first	first	ADJ
fueconorg-1774	118	51	view	view	NOUN
fueconorg-1774	118	52	advocates	advocate	VERB
fueconorg-1774	118	53	the	the	DET
fueconorg-1774	118	54	responsibility	responsibility	NOUN
fueconorg-1774	118	55	of	of	ADP
fueconorg-1774	118	56	monetary	monetary	ADJ
fueconorg-1774	118	57	policy	policy	NOUN
fueconorg-1774	118	58	solely	solely	ADV
fueconorg-1774	118	59	to	to	PART
fueconorg-1774	118	60	price	price	VERB
fueconorg-1774	118	61	stability	stability	NOUN
fueconorg-1774	118	62	,	,	PUNCT
fueconorg-1774	118	63	while	while	SCONJ
fueconorg-1774	118	64	financial	financial	ADJ
fueconorg-1774	118	65	stability	stability	NOUN
fueconorg-1774	118	66	is	be	AUX
fueconorg-1774	118	67	the	the	DET
fueconorg-1774	118	68	sole	sole	ADJ
fueconorg-1774	118	69	responsibility	responsibility	NOUN
fueconorg-1774	118	70	of	of	ADP
fueconorg-1774	118	71	macroprudential	macroprudential	ADJ
fueconorg-1774	118	72	policy	policy	NOUN
fueconorg-1774	118	73	.	.	PUNCT
fueconorg-1774	119	1	the	the	DET
fueconorg-1774	119	2	course	course	NOUN
fueconorg-1774	119	3	of	of	ADP
fueconorg-1774	119	4	leading	lead	VERB
fueconorg-1774	119	5	monetary	monetary	ADJ
fueconorg-1774	119	6	policy	policy	NOUN
fueconorg-1774	119	7	will	will	AUX
fueconorg-1774	119	8	not	not	PART
fueconorg-1774	119	9	lead	lead	VERB
fueconorg-1774	119	10	to	to	ADP
fueconorg-1774	119	11	the	the	DET
fueconorg-1774	119	12	formation	formation	NOUN
fueconorg-1774	119	13	of	of	ADP
fueconorg-1774	119	14	the	the	DET
fueconorg-1774	119	15	boom	boom	NOUN
fueconorg-1774	119	16	and	and	CCONJ
fueconorg-1774	119	17	bust	bust	ADJ
fueconorg-1774	119	18	cycle	cycle	NOUN
fueconorg-1774	119	19	,	,	PUNCT
fueconorg-1774	119	20	and	and	CCONJ
fueconorg-1774	119	21	a	a	DET
fueconorg-1774	119	22	short	short	ADJ
fueconorg-1774	119	23	-	-	PUNCT
fueconorg-1774	119	24	term	term	NOUN
fueconorg-1774	119	25	interest	interest	NOUN
fueconorg-1774	119	26	rate	rate	NOUN
fueconorg-1774	119	27	is	be	AUX
fueconorg-1774	119	28	not	not	PART
fueconorg-1774	119	29	a	a	DET
fueconorg-1774	119	30	suitable	suitable	ADJ
fueconorg-1774	119	31	instrument	instrument	NOUN
fueconorg-1774	119	32	for	for	ADP
fueconorg-1774	119	33	managing	manage	VERB
fueconorg-1774	119	34	these	these	DET
fueconorg-1774	119	35	imbalances	imbalance	NOUN
fueconorg-1774	119	36	.	.	PUNCT
fueconorg-1774	120	1	the	the	DET
fueconorg-1774	120	2	application	application	NOUN
fueconorg-1774	120	3	of	of	ADP
fueconorg-1774	120	4	higher	high	ADJ
fueconorg-1774	120	5	prudential	prudential	ADJ
fueconorg-1774	120	6	requirements	requirement	NOUN
fueconorg-1774	120	7	conditions	condition	NOUN
fueconorg-1774	120	8	banks	bank	NOUN
fueconorg-1774	120	9	to	to	PART
fueconorg-1774	120	10	internalize	internalize	VERB
fueconorg-1774	120	11	the	the	DET
fueconorg-1774	120	12	risk	risk	NOUN
fueconorg-1774	120	13	,	,	PUNCT
fueconorg-1774	120	14	and	and	CCONJ
fueconorg-1774	120	15	these	these	DET
fueconorg-1774	120	16	effects	effect	NOUN
fueconorg-1774	120	17	can	can	AUX
fueconorg-1774	120	18	not	not	PART
fueconorg-1774	120	19	be	be	AUX
fueconorg-1774	120	20	achieved	achieve	VERB
fueconorg-1774	120	21	by	by	ADP
fueconorg-1774	120	22	the	the	DET
fueconorg-1774	120	23	measures	measure	NOUN
fueconorg-1774	120	24	of	of	ADP
fueconorg-1774	120	25	monetary	monetary	ADJ
fueconorg-1774	120	26	policy	policy	NOUN
fueconorg-1774	120	27	,	,	PUNCT
fueconorg-1774	120	28	that	that	PRON
fueconorg-1774	120	29	are	be	AUX
fueconorg-1774	120	30	focused	focus	VERB
fueconorg-1774	120	31	on	on	ADP
fueconorg-1774	120	32	the	the	DET
fueconorg-1774	120	33	loan	loan	NOUN
fueconorg-1774	120	34	volume	volume	NOUN
fueconorg-1774	120	35	,	,	PUNCT
fueconorg-1774	120	36	rather	rather	ADV
fueconorg-1774	120	37	than	than	ADP
fueconorg-1774	120	38	on	on	ADP
fueconorg-1774	120	39	the	the	DET
fueconorg-1774	120	40	loan	loan	NOUN
fueconorg-1774	120	41	structure	structure	NOUN
fueconorg-1774	120	42	.	.	PUNCT
fueconorg-1774	121	1	this	this	DET
fueconorg-1774	121	2	approach	approach	NOUN
fueconorg-1774	121	3	does	do	AUX
fueconorg-1774	121	4	not	not	PART
fueconorg-1774	121	5	assume	assume	VERB
fueconorg-1774	121	6	a	a	DET
fueconorg-1774	121	7	connection	connection	NOUN
fueconorg-1774	121	8	between	between	ADP
fueconorg-1774	121	9	interest	interest	NOUN
fueconorg-1774	121	10	rates	rate	NOUN
fueconorg-1774	121	11	and	and	CCONJ
fueconorg-1774	121	12	macroprudential	macroprudential	ADJ
fueconorg-1774	121	13	policy	policy	NOUN
fueconorg-1774	121	14	instruments	instrument	NOUN
fueconorg-1774	121	15	,	,	PUNCT
fueconorg-1774	121	16	and	and	CCONJ
fueconorg-1774	121	17	it	it	PRON
fueconorg-1774	121	18	is	be	AUX
fueconorg-1774	121	19	not	not	PART
fueconorg-1774	121	20	rare	rare	ADJ
fueconorg-1774	121	21	for	for	SCONJ
fueconorg-1774	121	22	these	these	DET
fueconorg-1774	121	23	policies	policy	NOUN
fueconorg-1774	121	24	to	to	PART
fueconorg-1774	121	25	move	move	VERB
fueconorg-1774	121	26	in	in	ADP
fueconorg-1774	121	27	completely	completely	ADV
fueconorg-1774	121	28	opposite	opposite	ADJ
fueconorg-1774	121	29	directions	direction	NOUN
fueconorg-1774	121	30	during	during	ADP
fueconorg-1774	121	31	the	the	DET
fueconorg-1774	121	32	business	business	NOUN
fueconorg-1774	121	33	cycle	cycle	NOUN
fueconorg-1774	121	34	:	:	PUNCT
fueconorg-1774	121	35	on	on	ADP
fueconorg-1774	121	36	the	the	DET
fueconorg-1774	121	37	one	one	NUM
fueconorg-1774	121	38	hand	hand	NOUN
fueconorg-1774	121	39	,	,	PUNCT
fueconorg-1774	121	40	the	the	DET
fueconorg-1774	121	41	introduction	introduction	NOUN
fueconorg-1774	121	42	of	of	ADP
fueconorg-1774	121	43	additional	additional	ADJ
fueconorg-1774	121	44	prudential	prudential	ADJ
fueconorg-1774	121	45	requirements	requirement	NOUN
fueconorg-1774	121	46	,	,	PUNCT
fueconorg-1774	121	47	and	and	CCONJ
fueconorg-1774	121	48	on	on	ADP
fueconorg-1774	121	49	the	the	DET
fueconorg-1774	121	50	other	other	ADJ
fueconorg-1774	121	51	,	,	PUNCT
fueconorg-1774	121	52	the	the	DET
fueconorg-1774	121	53	reduction	reduction	NOUN
fueconorg-1774	121	54	of	of	ADP
fueconorg-1774	121	55	interest	interest	NOUN
fueconorg-1774	121	56	rates	rate	NOUN
fueconorg-1774	121	57	in	in	ADP
fueconorg-1774	121	58	order	order	NOUN
fueconorg-1774	121	59	to	to	PART
fueconorg-1774	121	60	avoid	avoid	VERB
fueconorg-1774	121	61	the	the	DET
fueconorg-1774	121	62	effects	effect	NOUN
fueconorg-1774	121	63	of	of	ADP
fueconorg-1774	121	64	prudential	prudential	ADJ
fueconorg-1774	121	65	policy	policy	NOUN
fueconorg-1774	121	66	on	on	ADP
fueconorg-1774	121	67	the	the	DET
fueconorg-1774	121	68	loan	loan	NOUN
fueconorg-1774	121	69	volume	volume	NOUN
fueconorg-1774	121	70	.	.	PUNCT
fueconorg-1774	122	1	the	the	DET
fueconorg-1774	122	2	second	second	ADJ
fueconorg-1774	122	3	view	view	NOUN
fueconorg-1774	122	4	does	do	AUX
fueconorg-1774	122	5	not	not	PART
fueconorg-1774	122	6	support	support	VERB
fueconorg-1774	122	7	a	a	DET
fueconorg-1774	122	8	narrow	narrow	ADJ
fueconorg-1774	122	9	focus	focus	NOUN
fueconorg-1774	122	10	of	of	ADP
fueconorg-1774	122	11	monetary	monetary	ADJ
fueconorg-1774	122	12	policy	policy	NOUN
fueconorg-1774	122	13	,	,	PUNCT
fueconorg-1774	122	14	noting	note	VERB
fueconorg-1774	122	15	that	that	SCONJ
fueconorg-1774	122	16	it	it	PRON
fueconorg-1774	122	17	is	be	AUX
fueconorg-1774	122	18	the	the	DET
fueconorg-1774	122	19	focus	focus	NOUN
fueconorg-1774	122	20	of	of	ADP
fueconorg-1774	122	21	a	a	DET
fueconorg-1774	122	22	number	number	NOUN
fueconorg-1774	122	23	of	of	ADP
fueconorg-1774	122	24	central	central	ADJ
fueconorg-1774	122	25	banks	bank	NOUN
fueconorg-1774	122	26	to	to	PART
fueconorg-1774	122	27	preserve	preserve	VERB
fueconorg-1774	122	28	price	price	NOUN
fueconorg-1774	122	29	stability	stability	NOUN
fueconorg-1774	122	30	in	in	ADP
fueconorg-1774	122	31	the	the	DET
fueconorg-1774	122	32	short	short	ADJ
fueconorg-1774	122	33	term	term	NOUN
fueconorg-1774	122	34	the	the	DET
fueconorg-1774	122	35	one	one	NOUN
fueconorg-1774	122	36	that	that	PRON
fueconorg-1774	122	37	has	have	AUX
fueconorg-1774	122	38	prevented	prevent	VERB
fueconorg-1774	122	39	their	their	PRON
fueconorg-1774	122	40	aggressive	aggressive	ADJ
fueconorg-1774	122	41	engagement	engagement	NOUN
fueconorg-1774	122	42	in	in	ADP
fueconorg-1774	122	43	preserving	preserve	VERB
fueconorg-1774	122	44	financial	financial	ADJ
fueconorg-1774	122	45	stability	stability	NOUN
fueconorg-1774	122	46	.	.	PUNCT
fueconorg-1774	123	1	given	give	VERB
fueconorg-1774	123	2	that	that	SCONJ
fueconorg-1774	123	3	the	the	DET
fueconorg-1774	123	4	banking	banking	NOUN
fueconorg-1774	123	5	sector	sector	NOUN
fueconorg-1774	123	6	is	be	AUX
fueconorg-1774	123	7	the	the	DET
fueconorg-1774	123	8	main	main	ADJ
fueconorg-1774	123	9	channel	channel	NOUN
fueconorg-1774	123	10	for	for	ADP
fueconorg-1774	123	11	the	the	DET
fueconorg-1774	123	12	transmission	transmission	NOUN
fueconorg-1774	123	13	of	of	ADP
fueconorg-1774	123	14	monetary	monetary	ADJ
fueconorg-1774	123	15	policy	policy	NOUN
fueconorg-1774	123	16	,	,	PUNCT
fueconorg-1774	123	17	its	its	PRON
fueconorg-1774	123	18	stability	stability	NOUN
fueconorg-1774	123	19	has	have	VERB
fueconorg-1774	123	20	important	important	ADJ
fueconorg-1774	123	21	implications	implication	NOUN
fueconorg-1774	123	22	for	for	ADP
fueconorg-1774	123	23	price	price	NOUN
fueconorg-1774	123	24	stability	stability	NOUN
fueconorg-1774	123	25	.	.	PUNCT
fueconorg-1774	124	1	in	in	ADP
fueconorg-1774	124	2	order	order	NOUN
fueconorg-1774	124	3	to	to	PART
fueconorg-1774	124	4	comprehend	comprehend	VERB
fueconorg-1774	124	5	the	the	DET
fueconorg-1774	124	6	impact	impact	NOUN
fueconorg-1774	124	7	of	of	ADP
fueconorg-1774	124	8	financial	financial	ADJ
fueconorg-1774	124	9	imbalances	imbalance	NOUN
fueconorg-1774	124	10	in	in	ADP
fueconorg-1774	124	11	the	the	DET
fueconorg-1774	124	12	implementation	implementation	NOUN
fueconorg-1774	124	13	of	of	ADP
fueconorg-1774	124	14	monetary	monetary	ADJ
fueconorg-1774	124	15	policy	policy	NOUN
fueconorg-1774	124	16	,	,	PUNCT
fueconorg-1774	124	17	the	the	DET
fueconorg-1774	124	18	cb	cb	NOUN
fueconorg-1774	124	19	must	must	AUX
fueconorg-1774	124	20	expand	expand	VERB
fueconorg-1774	124	21	its	its	PRON
fueconorg-1774	124	22	scope	scope	NOUN
fueconorg-1774	124	23	of	of	ADP
fueconorg-1774	124	24	action	action	NOUN
fueconorg-1774	124	25	.	.	PUNCT
fueconorg-1774	125	1	representatives	representative	NOUN
fueconorg-1774	125	2	of	of	ADP
fueconorg-1774	125	3	this	this	DET
fueconorg-1774	125	4	approach	approach	NOUN
fueconorg-1774	125	5	point	point	VERB
fueconorg-1774	125	6	out	out	ADP
fueconorg-1774	125	7	that	that	SCONJ
fueconorg-1774	125	8	monetary	monetary	ADJ
fueconorg-1774	125	9	policy	policy	NOUN
fueconorg-1774	125	10	can	can	AUX
fueconorg-1774	125	11	significantly	significantly	ADV
fueconorg-1774	125	12	contribute	contribute	VERB
fueconorg-1774	125	13	to	to	ADP
fueconorg-1774	125	14	the	the	DET
fueconorg-1774	125	15	maintenance	maintenance	NOUN
fueconorg-1774	125	16	of	of	ADP
fueconorg-1774	125	17	financial	financial	ADJ
fueconorg-1774	125	18	stability	stability	NOUN
fueconorg-1774	125	19	with	with	ADP
fueconorg-1774	125	20	its	its	PRON
fueconorg-1774	125	21	tools	tool	NOUN
fueconorg-1774	125	22	and	and	CCONJ
fueconorg-1774	125	23	instruments	instrument	NOUN
fueconorg-1774	125	24	,	,	PUNCT
fueconorg-1774	125	25	without	without	ADP
fueconorg-1774	125	26	compromising	compromise	VERB
fueconorg-1774	125	27	the	the	DET
fueconorg-1774	125	28	price	price	NOUN
fueconorg-1774	125	29	stability	stability	NOUN
fueconorg-1774	125	30	.	.	PUNCT
fueconorg-1774	126	1	the	the	DET
fueconorg-1774	126	2	coordination	coordination	NOUN
fueconorg-1774	126	3	of	of	ADP
fueconorg-1774	126	4	monetary	monetary	ADJ
fueconorg-1774	126	5	and	and	CCONJ
fueconorg-1774	126	6	macroprudential	macroprudential	ADJ
fueconorg-1774	126	7	policies	policy	NOUN
fueconorg-1774	126	8	in	in	ADP
fueconorg-1774	126	9	the	the	DET
fueconorg-1774	126	10	field	field	NOUN
fueconorg-1774	126	11	of	of	ADP
fueconorg-1774	126	12	preserving	preserve	VERB
fueconorg-1774	126	13	financial	financial	ADJ
fueconorg-1774	126	14	stability	stability	NOUN
fueconorg-1774	126	15	is	be	AUX
fueconorg-1774	126	16	quite	quite	ADV
fueconorg-1774	126	17	justified	justified	ADJ
fueconorg-1774	126	18	,	,	PUNCT
fueconorg-1774	126	19	given	give	VERB
fueconorg-1774	126	20	that	that	SCONJ
fueconorg-1774	126	21	both	both	PRON
fueconorg-1774	126	22	have	have	AUX
fueconorg-1774	126	23	an	an	DET
fueconorg-1774	126	24	impact	impact	NOUN
fueconorg-1774	126	25	on	on	ADP
fueconorg-1774	126	26	real	real	ADJ
fueconorg-1774	126	27	economic	economic	ADJ
fueconorg-1774	126	28	variables	variable	NOUN
fueconorg-1774	126	29	.	.	PUNCT
fueconorg-1774	127	1	in	in	ADP
fueconorg-1774	127	2	addition	addition	NOUN
fueconorg-1774	127	3	,	,	PUNCT
fueconorg-1774	127	4	the	the	DET
fueconorg-1774	127	5	fact	fact	NOUN
fueconorg-1774	127	6	that	that	SCONJ
fueconorg-1774	127	7	monetary	monetary	ADJ
fueconorg-1774	127	8	policy	policy	NOUN
fueconorg-1774	127	9	can	can	AUX
fueconorg-1774	127	10	take	take	VERB
fueconorg-1774	127	11	over	over	ADP
fueconorg-1774	127	12	the	the	DET
fueconorg-1774	127	13	macroprudential	macroprudential	ADJ
fueconorg-1774	127	14	role	role	NOUN
fueconorg-1774	127	15	at	at	ADP
fueconorg-1774	127	16	a	a	DET
fueconorg-1774	127	17	certain	certain	ADJ
fueconorg-1774	127	18	point	point	NOUN
fueconorg-1774	127	19	is	be	AUX
fueconorg-1774	127	20	justified	justify	VERB
fueconorg-1774	127	21	by	by	ADP
fueconorg-1774	127	22	the	the	DET
fueconorg-1774	127	23	fact	fact	NOUN
fueconorg-1774	127	24	that	that	SCONJ
fueconorg-1774	127	25	the	the	DET
fueconorg-1774	127	26	monetary	monetary	ADJ
fueconorg-1774	127	27	policy	policy	NOUN
fueconorg-1774	127	28	decisions	decision	NOUN
fueconorg-1774	127	29	are	be	AUX
fueconorg-1774	127	30	more	more	ADV
fueconorg-1774	127	31	frequent	frequent	ADJ
fueconorg-1774	127	32	than	than	ADP
fueconorg-1774	127	33	those	those	PRON
fueconorg-1774	127	34	of	of	ADP
fueconorg-1774	127	35	macroprudential	macroprudential	ADJ
fueconorg-1774	127	36	policy	policy	NOUN
fueconorg-1774	127	37	(	(	PUNCT
fueconorg-1774	127	38	galati	galati	PROPN
fueconorg-1774	127	39	&	&	CCONJ
fueconorg-1774	127	40	moessner	moessner	NOUN
fueconorg-1774	127	41	,	,	PUNCT
fueconorg-1774	127	42	2011	2011	NUM
fueconorg-1774	127	43	)	)	PUNCT
fueconorg-1774	127	44	.	.	PUNCT
fueconorg-1774	128	1	the	the	DET
fueconorg-1774	128	2	third	third	ADJ
fueconorg-1774	128	3	view	view	NOUN
fueconorg-1774	128	4	advocates	advocate	VERB
fueconorg-1774	128	5	equal	equal	ADJ
fueconorg-1774	128	6	treatment	treatment	NOUN
fueconorg-1774	128	7	of	of	ADP
fueconorg-1774	128	8	price	price	NOUN
fueconorg-1774	128	9	and	and	CCONJ
fueconorg-1774	128	10	financial	financial	ADJ
fueconorg-1774	128	11	stability	stability	NOUN
fueconorg-1774	128	12	,	,	PUNCT
fueconorg-1774	128	13	emphasizing	emphasize	VERB
fueconorg-1774	128	14	that	that	SCONJ
fueconorg-1774	128	15	they	they	PRON
fueconorg-1774	128	16	are	be	AUX
fueconorg-1774	128	17	so	so	ADV
fueconorg-1774	128	18	closely	closely	ADV
fueconorg-1774	128	19	connected	connect	VERB
fueconorg-1774	128	20	that	that	SCONJ
fueconorg-1774	128	21	it	it	PRON
fueconorg-1774	128	22	is	be	AUX
fueconorg-1774	128	23	practically	practically	ADV
fueconorg-1774	128	24	impossible	impossible	ADJ
fueconorg-1774	128	25	to	to	PART
fueconorg-1774	128	26	distinguish	distinguish	VERB
fueconorg-1774	128	27	between	between	ADP
fueconorg-1774	128	28	them	they	PRON
fueconorg-1774	128	29	.	.	PUNCT
fueconorg-1774	129	1	the	the	DET
fueconorg-1774	129	2	task	task	NOUN
fueconorg-1774	129	3	of	of	ADP
fueconorg-1774	129	4	the	the	DET
fueconorg-1774	129	5	monetary	monetary	ADJ
fueconorg-1774	129	6	policy	policy	NOUN
fueconorg-1774	129	7	is	be	AUX
fueconorg-1774	129	8	to	to	PART
fueconorg-1774	129	9	support	support	VERB
fueconorg-1774	129	10	the	the	DET
fueconorg-1774	129	11	sector	sector	NOUN
fueconorg-1774	129	12	in	in	ADP
fueconorg-1774	129	13	crisis	crisis	NOUN
fueconorg-1774	129	14	with	with	ADP
fueconorg-1774	129	15	its	its	PRON
fueconorg-1774	129	16	standard	standard	ADJ
fueconorg-1774	129	17	and	and	CCONJ
fueconorg-1774	129	18	non	non	ADJ
fueconorg-1774	129	19	-	-	ADJ
fueconorg-1774	129	20	standard	standard	ADJ
fueconorg-1774	129	21	tools	tool	NOUN
fueconorg-1774	129	22	and	and	CCONJ
fueconorg-1774	129	23	instruments	instrument	NOUN
fueconorg-1774	129	24	,	,	PUNCT
fueconorg-1774	129	25	as	as	SCONJ
fueconorg-1774	129	26	it	it	PRON
fueconorg-1774	129	27	did	do	VERB
fueconorg-1774	129	28	in	in	ADP
fueconorg-1774	129	29	the	the	DET
fueconorg-1774	129	30	case	case	NOUN
fueconorg-1774	129	31	of	of	ADP
fueconorg-1774	129	32	the	the	DET
fueconorg-1774	129	33	price	price	NOUN
fueconorg-1774	129	34	of	of	ADP
fueconorg-1774	129	35	mortgage	mortgage	NOUN
fueconorg-1774	129	36	instruments	instrument	NOUN
fueconorg-1774	129	37	during	during	ADP
fueconorg-1774	129	38	the	the	DET
fueconorg-1774	129	39	recent	recent	ADJ
fueconorg-1774	129	40	crisis	crisis	NOUN
fueconorg-1774	129	41	,	,	PUNCT
fueconorg-1774	129	42	by	by	ADP
fueconorg-1774	129	43	buying	buy	VERB
fueconorg-1774	129	44	mortgage	mortgage	NOUN
fueconorg-1774	129	45	securities	security	NOUN
fueconorg-1774	129	46	,	,	PUNCT
fueconorg-1774	129	47	and	and	CCONJ
fueconorg-1774	129	48	thus	thus	ADV
fueconorg-1774	129	49	helped	help	VERB
fueconorg-1774	129	50	overindebted	overindebte	VERB
fueconorg-1774	129	51	household	household	NOUN
fueconorg-1774	129	52	sector	sector	NOUN
fueconorg-1774	129	53	.	.	PUNCT
fueconorg-1774	130	1	this	this	DET
fueconorg-1774	130	2	approach	approach	NOUN
fueconorg-1774	130	3	,	,	PUNCT
fueconorg-1774	130	4	therefore	therefore	ADV
fueconorg-1774	130	5	,	,	PUNCT
fueconorg-1774	130	6	advocates	advocate	VERB
fueconorg-1774	130	7	the	the	DET
fueconorg-1774	130	8	important	important	ADJ
fueconorg-1774	130	9	role	role	NOUN
fueconorg-1774	130	10	of	of	ADP
fueconorg-1774	130	11	monetary	monetary	ADJ
fueconorg-1774	130	12	policy	policy	NOUN
fueconorg-1774	130	13	in	in	ADP
fueconorg-1774	130	14	the	the	DET
fueconorg-1774	130	15	field	field	NOUN
fueconorg-1774	130	16	of	of	ADP
fueconorg-1774	130	17	preserving	preserve	VERB
fueconorg-1774	130	18	financial	financial	ADJ
fueconorg-1774	130	19	stability	stability	NOUN
fueconorg-1774	130	20	,	,	PUNCT
fueconorg-1774	130	21	especially	especially	ADV
fueconorg-1774	130	22	in	in	ADP
fueconorg-1774	130	23	the	the	DET
fueconorg-1774	130	24	case	case	NOUN
fueconorg-1774	130	25	when	when	SCONJ
fueconorg-1774	130	26	the	the	DET
fueconorg-1774	130	27	fiscal	fiscal	ADJ
fueconorg-1774	130	28	policy	policy	NOUN
fueconorg-1774	130	29	measures	measure	NOUN
fueconorg-1774	130	30	do	do	AUX
fueconorg-1774	130	31	not	not	PART
fueconorg-1774	130	32	achieve	achieve	VERB
fueconorg-1774	130	33	the	the	DET
fueconorg-1774	130	34	desired	desire	VERB
fueconorg-1774	130	35	effects	effect	NOUN
fueconorg-1774	130	36	.	.	PUNCT
fueconorg-1774	131	1	the	the	DET
fueconorg-1774	131	2	abovementioned	abovementione	VERB
fueconorg-1774	131	3	views	view	NOUN
fueconorg-1774	131	4	clearly	clearly	ADV
fueconorg-1774	131	5	have	have	VERB
fueconorg-1774	131	6	different	different	ADJ
fueconorg-1774	131	7	implications	implication	NOUN
fueconorg-1774	131	8	for	for	ADP
fueconorg-1774	131	9	the	the	DET
fueconorg-1774	131	10	institutional	institutional	ADJ
fueconorg-1774	131	11	set	set	NOUN
fueconorg-1774	131	12	-	-	PUNCT
fueconorg-1774	131	13	up	up	NOUN
fueconorg-1774	131	14	for	for	ADP
fueconorg-1774	131	15	the	the	DET
fueconorg-1774	131	16	monetary	monetary	ADJ
fueconorg-1774	131	17	and	and	CCONJ
fueconorg-1774	131	18	financial	financial	ADJ
fueconorg-1774	131	19	stability	stability	NOUN
fueconorg-1774	131	20	policy	policy	NOUN
fueconorg-1774	131	21	,	,	PUNCT
fueconorg-1774	131	22	although	although	SCONJ
fueconorg-1774	131	23	each	each	PRON
fueconorg-1774	131	24	of	of	ADP
fueconorg-1774	131	25	them	they	PRON
fueconorg-1774	131	26	highlights	highlight	VERB
fueconorg-1774	131	27	the	the	DET
fueconorg-1774	131	28	interrelatedness	interrelatedness	NOUN
fueconorg-1774	131	29	of	of	ADP
fueconorg-1774	131	30	monetary	monetary	ADJ
fueconorg-1774	131	31	and	and	CCONJ
fueconorg-1774	131	32	financial	financial	ADJ
fueconorg-1774	131	33	stability	stability	NOUN
fueconorg-1774	131	34	.	.	PUNCT
fueconorg-1774	132	1	to	to	ADP
fueconorg-1774	132	2	what	what	DET
fueconorg-1774	132	3	extent	extent	NOUN
fueconorg-1774	132	4	monetary	monetary	ADJ
fueconorg-1774	132	5	policy	policy	NOUN
fueconorg-1774	132	6	should	should	AUX
fueconorg-1774	132	7	take	take	VERB
fueconorg-1774	132	8	an	an	DET
fueconorg-1774	132	9	active	active	ADJ
fueconorg-1774	132	10	role	role	NOUN
fueconorg-1774	132	11	in	in	ADP
fueconorg-1774	132	12	the	the	DET
fueconorg-1774	132	13	field	field	NOUN
fueconorg-1774	132	14	of	of	ADP
fueconorg-1774	132	15	preserving	preserve	VERB
fueconorg-1774	132	16	financial	financial	ADJ
fueconorg-1774	132	17	stability	stability	NOUN
fueconorg-1774	132	18	largely	largely	ADV
fueconorg-1774	132	19	depends	depend	VERB
fueconorg-1774	132	20	on	on	ADP
fueconorg-1774	132	21	the	the	DET
fueconorg-1774	132	22	extent	extent	NOUN
fueconorg-1774	132	23	to	to	PART
fueconorg-1774	132	24	which	which	PRON
fueconorg-1774	132	25	it	it	PRON
fueconorg-1774	132	26	can	can	AUX
fueconorg-1774	132	27	manage	manage	VERB
fueconorg-1774	132	28	the	the	DET
fueconorg-1774	132	29	growing	grow	VERB
fueconorg-1774	132	30	instability	instability	NOUN
fueconorg-1774	132	31	in	in	ADP
fueconorg-1774	132	32	the	the	DET
fueconorg-1774	132	33	system	system	NOUN
fueconorg-1774	132	34	by	by	ADP
fueconorg-1774	132	35	using	use	VERB
fueconorg-1774	132	36	its	its	PRON
fueconorg-1774	132	37	standard	standard	ADJ
fueconorg-1774	132	38	tools	tool	NOUN
fueconorg-1774	132	39	and	and	CCONJ
fueconorg-1774	132	40	instruments	instrument	NOUN
fueconorg-1774	132	41	,	,	PUNCT
fueconorg-1774	132	42	as	as	ADV
fueconorg-1774	132	43	well	well	ADV
fueconorg-1774	132	44	as	as	ADP
fueconorg-1774	132	45	to	to	ADP
fueconorg-1774	132	46	what	what	DET
fueconorg-1774	132	47	extent	extent	NOUN
fueconorg-1774	132	48	it	it	PRON
fueconorg-1774	132	49	can	can	AUX
fueconorg-1774	132	50	channel	channel	VERB
fueconorg-1774	132	51	the	the	DET
fueconorg-1774	132	52	risk	risk	NOUN
fueconorg-1774	132	53	that	that	SCONJ
fueconorg-1774	132	54	financial	financial	ADJ
fueconorg-1774	132	55	institutions	institution	NOUN
fueconorg-1774	132	56	take	take	VERB
fueconorg-1774	132	57	by	by	ADP
fueconorg-1774	132	58	using	use	VERB
fueconorg-1774	132	59	short	short	ADJ
fueconorg-1774	132	60	-	-	PUNCT
fueconorg-1774	132	61	term	term	NOUN
fueconorg-1774	132	62	interest	interest	NOUN
fueconorg-1774	132	63	rates	rate	NOUN
fueconorg-1774	132	64	.	.	PUNCT
fueconorg-1774	133	1	it	it	PRON
fueconorg-1774	133	2	should	should	AUX
fueconorg-1774	133	3	be	be	AUX
fueconorg-1774	133	4	borne	bear	VERB
fueconorg-1774	133	5	in	in	ADP
fueconorg-1774	133	6	mind	mind	NOUN
fueconorg-1774	133	7	that	that	SCONJ
fueconorg-1774	133	8	the	the	DET
fueconorg-1774	133	9	impact	impact	NOUN
fueconorg-1774	133	10	of	of	ADP
fueconorg-1774	133	11	monetary	monetary	ADJ
fueconorg-1774	133	12	policy	policy	NOUN
fueconorg-1774	133	13	is	be	AUX
fueconorg-1774	133	14	not	not	PART
fueconorg-1774	133	15	sector	sector	NOUN
fueconorg-1774	133	16	-	-	PUNCT
fueconorg-1774	133	17	oriented	orient	VERB
fueconorg-1774	133	18	but	but	CCONJ
fueconorg-1774	133	19	it	it	PRON
fueconorg-1774	133	20	affects	affect	VERB
fueconorg-1774	133	21	all	all	DET
fueconorg-1774	133	22	financial	financial	ADJ
fueconorg-1774	133	23	institutions	institution	NOUN
fueconorg-1774	133	24	,	,	PUNCT
fueconorg-1774	133	25	even	even	ADV
fueconorg-1774	133	26	those	those	PRON
fueconorg-1774	133	27	that	that	PRON
fueconorg-1774	133	28	operate	operate	VERB
fueconorg-1774	133	29	in	in	ADP
fueconorg-1774	133	30	the	the	DET
fueconorg-1774	133	31	shadow	shadow	NOUN
fueconorg-1774	133	32	banking	banking	NOUN
fueconorg-1774	133	33	,	,	PUNCT
fueconorg-1774	133	34	and	and	CCONJ
fueconorg-1774	133	35	that	that	PRON
fueconorg-1774	133	36	are	be	AUX
fueconorg-1774	133	37	difficult	difficult	ADJ
fueconorg-1774	133	38	to	to	PART
fueconorg-1774	133	39	comprehend	comprehend	VERB
fueconorg-1774	133	40	with	with	ADP
fueconorg-1774	133	41	measures	measure	NOUN
fueconorg-1774	133	42	of	of	ADP
fueconorg-1774	133	43	supervision	supervision	NOUN
fueconorg-1774	133	44	and	and	CCONJ
fueconorg-1774	133	45	regulatory	regulatory	ADJ
fueconorg-1774	133	46	activities	activity	NOUN
fueconorg-1774	133	47	.	.	PUNCT
fueconorg-1774	134	1	however	however	ADV
fueconorg-1774	134	2	,	,	PUNCT
fueconorg-1774	134	3	in	in	ADP
fueconorg-1774	134	4	a	a	DET
fueconorg-1774	134	5	situation	situation	NOUN
fueconorg-1774	134	6	where	where	SCONJ
fueconorg-1774	134	7	an	an	DET
fueconorg-1774	134	8	excessive	excessive	ADJ
fueconorg-1774	134	9	growth	growth	NOUN
fueconorg-1774	134	10	of	of	ADP
fueconorg-1774	134	11	credit	credit	NOUN
fueconorg-1774	134	12	activity	activity	NOUN
fueconorg-1774	134	13	is	be	AUX
fueconorg-1774	134	14	linked	link	VERB
fueconorg-1774	134	15	to	to	ADP
fueconorg-1774	134	16	a	a	DET
fueconorg-1774	134	17	specific	specific	ADJ
fueconorg-1774	134	18	market	market	NOUN
fueconorg-1774	134	19	or	or	CCONJ
fueconorg-1774	134	20	institution	institution	NOUN
fueconorg-1774	134	21	,	,	PUNCT
fueconorg-1774	134	22	regulatory	regulatory	ADJ
fueconorg-1774	134	23	and	and	CCONJ
fueconorg-1774	134	24	supervisory	supervisory	ADJ
fueconorg-1774	134	25	measures	measure	NOUN
fueconorg-1774	134	26	are	be	AUX
fueconorg-1774	134	27	considered	consider	VERB
fueconorg-1774	134	28	adequate	adequate	ADJ
fueconorg-1774	134	29	.	.	PUNCT
fueconorg-1774	135	1	in	in	ADP
fueconorg-1774	135	2	such	such	ADJ
fueconorg-1774	135	3	conditions	condition	NOUN
fueconorg-1774	135	4	,	,	PUNCT
fueconorg-1774	135	5	the	the	DET
fueconorg-1774	135	6	standard	standard	ADJ
fueconorg-1774	135	7	instrumentation	instrumentation	NOUN
fueconorg-1774	135	8	of	of	ADP
fueconorg-1774	135	9	monetary	monetary	ADJ
fueconorg-1774	135	10	policy	policy	NOUN
fueconorg-1774	135	11	does	do	AUX
fueconorg-1774	135	12	not	not	PART
fueconorg-1774	135	13	work	work	VERB
fueconorg-1774	135	14	,	,	PUNCT
fueconorg-1774	135	15	causing	cause	VERB
fueconorg-1774	135	16	the	the	DET
fueconorg-1774	135	17	central	central	ADJ
fueconorg-1774	135	18	bank	bank	NOUN
fueconorg-1774	135	19	to	to	PART
fueconorg-1774	135	20	introduce	introduce	VERB
fueconorg-1774	135	21	a	a	DET
fueconorg-1774	135	22	number	number	NOUN
fueconorg-1774	135	23	of	of	ADP
fueconorg-1774	135	24	non	non	ADJ
fueconorg-1774	135	25	-	-	ADJ
fueconorg-1774	135	26	standard	standard	ADJ
fueconorg-1774	135	27	monetary	monetary	ADJ
fueconorg-1774	135	28	policy	policy	NOUN
fueconorg-1774	135	29	instruments	instrument	NOUN
fueconorg-1774	135	30	.	.	PUNCT
fueconorg-1774	136	1	in	in	ADP
fueconorg-1774	136	2	fact	fact	NOUN
fueconorg-1774	136	3	,	,	PUNCT
fueconorg-1774	136	4	numerous	numerous	ADJ
fueconorg-1774	136	5	non	non	ADJ
fueconorg-1774	136	6	-	-	ADJ
fueconorg-1774	136	7	standard	standard	ADJ
fueconorg-1774	136	8	monetary	monetary	ADJ
fueconorg-1774	136	9	policy	policy	NOUN
fueconorg-1774	136	10	measures	measure	NOUN
fueconorg-1774	136	11	(	(	PUNCT
fueconorg-1774	136	12	changes	change	NOUN
fueconorg-1774	136	13	in	in	ADP
fueconorg-1774	136	14	the	the	DET
fueconorg-1774	136	15	policy	policy	NOUN
fueconorg-1774	136	16	of	of	ADP
fueconorg-1774	136	17	mandatory	mandatory	ADJ
fueconorg-1774	136	18	138	138	NUM
fueconorg-1774	136	19	m.	m.	NOUN
fueconorg-1774	136	20	jemović	jemović	PROPN
fueconorg-1774	136	21	,	,	PUNCT
fueconorg-1774	136	22	s.	s.	PROPN
fueconorg-1774	136	23	marinković	marinković	PROPN
fueconorg-1774	136	24	reserves	reserve	NOUN
fueconorg-1774	136	25	or	or	CCONJ
fueconorg-1774	136	26	adjusting	adjust	VERB
fueconorg-1774	136	27	the	the	DET
fueconorg-1774	136	28	value	value	NOUN
fueconorg-1774	136	29	of	of	ADP
fueconorg-1774	136	30	the	the	DET
fueconorg-1774	136	31	collateral	collateral	NOUN
fueconorg-1774	136	32	in	in	ADP
fueconorg-1774	136	33	the	the	DET
fueconorg-1774	136	34	system	system	NOUN
fueconorg-1774	136	35	in	in	ADP
fueconorg-1774	136	36	operations	operation	NOUN
fueconorg-1774	136	37	conducted	conduct	VERB
fueconorg-1774	136	38	by	by	ADP
fueconorg-1774	136	39	the	the	DET
fueconorg-1774	136	40	central	central	PROPN
fueconorg-1774	136	41	bank	bank	NOUN
fueconorg-1774	136	42	)	)	PUNCT
fueconorg-1774	136	43	can	can	AUX
fueconorg-1774	136	44	be	be	AUX
fueconorg-1774	136	45	characterized	characterize	VERB
fueconorg-1774	136	46	as	as	ADP
fueconorg-1774	136	47	macroprudential	macroprudential	ADJ
fueconorg-1774	136	48	policy	policy	NOUN
fueconorg-1774	136	49	instruments	instrument	NOUN
fueconorg-1774	136	50	.	.	PUNCT
fueconorg-1774	137	1	in	in	ADP
fueconorg-1774	137	2	this	this	DET
fueconorg-1774	137	3	case	case	NOUN
fueconorg-1774	137	4	,	,	PUNCT
fueconorg-1774	137	5	the	the	DET
fueconorg-1774	137	6	question	question	NOUN
fueconorg-1774	137	7	is	be	AUX
fueconorg-1774	137	8	whether	whether	SCONJ
fueconorg-1774	137	9	cb	cb	PROPN
fueconorg-1774	137	10	should	should	AUX
fueconorg-1774	137	11	use	use	VERB
fueconorg-1774	137	12	non	non	ADJ
fueconorg-1774	137	13	-	-	ADJ
fueconorg-1774	137	14	standard	standard	ADJ
fueconorg-1774	137	15	measures	measure	NOUN
fueconorg-1774	137	16	to	to	PART
fueconorg-1774	137	17	lean	lean	VERB
fueconorg-1774	137	18	against	against	ADP
fueconorg-1774	137	19	boom	boom	NOUN
fueconorg-1774	137	20	periods	period	NOUN
fueconorg-1774	137	21	(	(	PUNCT
fueconorg-1774	137	22	smets	smet	NOUN
fueconorg-1774	137	23	,	,	PUNCT
fueconorg-1774	137	24	2013	2013	NUM
fueconorg-1774	137	25	,	,	PUNCT
fueconorg-1774	137	26	p.	p.	NOUN
fueconorg-1774	137	27	140	140	NUM
fueconorg-1774	137	28	)	)	PUNCT
fueconorg-1774	137	29	assigning	assign	VERB
fueconorg-1774	137	30	macroprudential	macroprudential	ADJ
fueconorg-1774	137	31	mandate	mandate	NOUN
fueconorg-1774	137	32	to	to	ADP
fueconorg-1774	137	33	the	the	DET
fueconorg-1774	137	34	central	central	ADJ
fueconorg-1774	137	35	bank	bank	NOUN
fueconorg-1774	137	36	,	,	PUNCT
fueconorg-1774	137	37	in	in	ADP
fueconorg-1774	137	38	addition	addition	NOUN
fueconorg-1774	137	39	to	to	ADP
fueconorg-1774	137	40	its	its	PRON
fueconorg-1774	137	41	primary	primary	ADJ
fueconorg-1774	137	42	responsibility	responsibility	NOUN
fueconorg-1774	137	43	for	for	ADP
fueconorg-1774	137	44	price	price	NOUN
fueconorg-1774	137	45	stability	stability	NOUN
fueconorg-1774	137	46	,	,	PUNCT
fueconorg-1774	137	47	is	be	AUX
fueconorg-1774	137	48	justifiable	justifiable	ADJ
fueconorg-1774	137	49	.	.	PUNCT
fueconorg-1774	138	1	this	this	PRON
fueconorg-1774	138	2	ensures	ensure	VERB
fueconorg-1774	138	3	better	well	ADJ
fueconorg-1774	138	4	coordination	coordination	NOUN
fueconorg-1774	138	5	and	and	CCONJ
fueconorg-1774	138	6	exchange	exchange	NOUN
fueconorg-1774	138	7	of	of	ADP
fueconorg-1774	138	8	information	information	NOUN
fueconorg-1774	138	9	necessary	necessary	ADJ
fueconorg-1774	138	10	for	for	ADP
fueconorg-1774	138	11	the	the	DET
fueconorg-1774	138	12	preservation	preservation	NOUN
fueconorg-1774	138	13	of	of	ADP
fueconorg-1774	138	14	price	price	NOUN
fueconorg-1774	138	15	and	and	CCONJ
fueconorg-1774	138	16	financial	financial	ADJ
fueconorg-1774	138	17	stability	stability	NOUN
fueconorg-1774	138	18	.	.	PUNCT
fueconorg-1774	139	1	then	then	ADV
fueconorg-1774	139	2	,	,	PUNCT
fueconorg-1774	139	3	the	the	DET
fueconorg-1774	139	4	central	central	ADJ
fueconorg-1774	139	5	bank	bank	NOUN
fueconorg-1774	139	6	has	have	VERB
fueconorg-1774	139	7	the	the	DET
fueconorg-1774	139	8	expertise	expertise	NOUN
fueconorg-1774	139	9	in	in	ADP
fueconorg-1774	139	10	macroeconomic	macroeconomic	ADJ
fueconorg-1774	139	11	affairs	affair	NOUN
fueconorg-1774	139	12	and	and	CCONJ
fueconorg-1774	139	13	supervision	supervision	NOUN
fueconorg-1774	139	14	of	of	ADP
fueconorg-1774	139	15	financial	financial	ADJ
fueconorg-1774	139	16	institutions	institution	NOUN
fueconorg-1774	139	17	and	and	CCONJ
fueconorg-1774	139	18	other	other	ADJ
fueconorg-1774	139	19	segments	segment	NOUN
fueconorg-1774	139	20	of	of	ADP
fueconorg-1774	139	21	the	the	DET
fueconorg-1774	139	22	financial	financial	ADJ
fueconorg-1774	139	23	system	system	NOUN
fueconorg-1774	139	24	.	.	PUNCT
fueconorg-1774	140	1	finally	finally	ADV
fueconorg-1774	140	2	,	,	PUNCT
fueconorg-1774	140	3	as	as	ADP
fueconorg-1774	140	4	a	a	DET
fueconorg-1774	140	5	lender	lender	NOUN
fueconorg-1774	140	6	of	of	ADP
fueconorg-1774	140	7	last	last	ADJ
fueconorg-1774	140	8	resort	resort	NOUN
fueconorg-1774	140	9	,	,	PUNCT
fueconorg-1774	140	10	it	it	PRON
fueconorg-1774	140	11	grants	grant	VERB
fueconorg-1774	140	12	loans	loan	NOUN
fueconorg-1774	140	13	for	for	ADP
fueconorg-1774	140	14	liquidity	liquidity	NOUN
fueconorg-1774	140	15	to	to	ADP
fueconorg-1774	140	16	banks	bank	NOUN
fueconorg-1774	140	17	,	,	PUNCT
fueconorg-1774	140	18	thus	thus	ADV
fueconorg-1774	140	19	reducing	reduce	VERB
fueconorg-1774	140	20	the	the	DET
fueconorg-1774	140	21	likelihood	likelihood	NOUN
fueconorg-1774	140	22	of	of	ADP
fueconorg-1774	140	23	the	the	DET
fueconorg-1774	140	24	outbreak	outbreak	NOUN
fueconorg-1774	140	25	of	of	ADP
fueconorg-1774	140	26	the	the	DET
fueconorg-1774	140	27	crisis	crisis	NOUN
fueconorg-1774	140	28	.	.	PUNCT
fueconorg-1774	141	1	however	however	ADV
fueconorg-1774	141	2	,	,	PUNCT
fueconorg-1774	141	3	this	this	DET
fueconorg-1774	141	4	kind	kind	NOUN
fueconorg-1774	141	5	of	of	ADP
fueconorg-1774	141	6	engagement	engagement	NOUN
fueconorg-1774	141	7	of	of	ADP
fueconorg-1774	141	8	the	the	DET
fueconorg-1774	141	9	central	central	ADJ
fueconorg-1774	141	10	bank	bank	NOUN
fueconorg-1774	141	11	may	may	AUX
fueconorg-1774	141	12	quite	quite	ADV
fueconorg-1774	141	13	distance	distance	VERB
fueconorg-1774	141	14	it	it	PRON
fueconorg-1774	141	15	from	from	ADP
fueconorg-1774	141	16	its	its	PRON
fueconorg-1774	141	17	primary	primary	ADJ
fueconorg-1774	141	18	objective	objective	NOUN
fueconorg-1774	141	19	,	,	PUNCT
fueconorg-1774	141	20	which	which	PRON
fueconorg-1774	141	21	is	be	AUX
fueconorg-1774	141	22	the	the	DET
fueconorg-1774	141	23	pursuit	pursuit	NOUN
fueconorg-1774	141	24	of	of	ADP
fueconorg-1774	141	25	price	price	NOUN
fueconorg-1774	141	26	stability	stability	NOUN
fueconorg-1774	141	27	,	,	PUNCT
fueconorg-1774	141	28	because	because	SCONJ
fueconorg-1774	141	29	it	it	PRON
fueconorg-1774	141	30	has	have	VERB
fueconorg-1774	141	31	to	to	PART
fueconorg-1774	141	32	take	take	VERB
fueconorg-1774	141	33	the	the	DET
fueconorg-1774	141	34	role	role	NOUN
fueconorg-1774	141	35	of	of	ADP
fueconorg-1774	141	36	a	a	DET
fueconorg-1774	141	37	distributor	distributor	NOUN
fueconorg-1774	141	38	and	and	CCONJ
fueconorg-1774	141	39	the	the	DET
fueconorg-1774	141	40	role	role	NOUN
fueconorg-1774	141	41	of	of	ADP
fueconorg-1774	141	42	a	a	DET
fueconorg-1774	141	43	quasi	quasi	ADJ
fueconorg-1774	141	44	-	-	ADJ
fueconorg-1774	141	45	fiscal	fiscal	ADJ
fueconorg-1774	141	46	actor	actor	NOUN
fueconorg-1774	141	47	.	.	PUNCT
fueconorg-1774	142	1	this	this	PRON
fueconorg-1774	142	2	draws	draw	VERB
fueconorg-1774	142	3	its	its	PRON
fueconorg-1774	142	4	political	political	ADJ
fueconorg-1774	142	5	responsibility	responsibility	NOUN
fueconorg-1774	142	6	and	and	CCONJ
fueconorg-1774	142	7	ultimately	ultimately	ADV
fueconorg-1774	142	8	it	it	PRON
fueconorg-1774	142	9	may	may	AUX
fueconorg-1774	142	10	compromise	compromise	VERB
fueconorg-1774	142	11	its	its	PRON
fueconorg-1774	142	12	independence	independence	NOUN
fueconorg-1774	142	13	.	.	PUNCT
fueconorg-1774	143	1	as	as	ADP
fueconorg-1774	143	2	an	an	DET
fueconorg-1774	143	3	additional	additional	ADJ
fueconorg-1774	143	4	problem	problem	NOUN
fueconorg-1774	143	5	,	,	PUNCT
fueconorg-1774	143	6	dynamic	dynamic	ADJ
fueconorg-1774	143	7	(	(	PUNCT
fueconorg-1774	143	8	time	time	NOUN
fueconorg-1774	143	9	)	)	PUNCT
fueconorg-1774	143	10	inconsistency	inconsistency	NOUN
fueconorg-1774	143	11	is	be	AUX
fueconorg-1774	143	12	highlighted	highlight	VERB
fueconorg-1774	143	13	,	,	PUNCT
fueconorg-1774	143	14	given	give	VERB
fueconorg-1774	143	15	that	that	SCONJ
fueconorg-1774	143	16	the	the	DET
fueconorg-1774	143	17	central	central	ADJ
fueconorg-1774	143	18	bank	bank	NOUN
fueconorg-1774	143	19	can	can	AUX
fueconorg-1774	143	20	be	be	AUX
fueconorg-1774	143	21	easily	easily	ADV
fueconorg-1774	143	22	found	find	VERB
fueconorg-1774	143	23	in	in	ADP
fueconorg-1774	143	24	the	the	DET
fueconorg-1774	143	25	position	position	NOUN
fueconorg-1774	143	26	to	to	PART
fueconorg-1774	143	27	put	put	VERB
fueconorg-1774	143	28	a	a	DET
fueconorg-1774	143	29	larger	large	ADJ
fueconorg-1774	143	30	quantum	quantum	ADJ
fueconorg-1774	143	31	resources	resource	NOUN
fueconorg-1774	143	32	into	into	ADP
fueconorg-1774	143	33	the	the	DET
fueconorg-1774	143	34	system	system	NOUN
fueconorg-1774	143	35	than	than	ADP
fueconorg-1774	143	36	necessary	necessary	ADJ
fueconorg-1774	143	37	to	to	PART
fueconorg-1774	143	38	preserve	preserve	VERB
fueconorg-1774	143	39	the	the	DET
fueconorg-1774	143	40	long	long	ADJ
fueconorg-1774	143	41	-	-	PUNCT
fueconorg-1774	143	42	term	term	NOUN
fueconorg-1774	143	43	price	price	NOUN
fueconorg-1774	143	44	stability	stability	NOUN
fueconorg-1774	143	45	.	.	PUNCT
fueconorg-1774	144	1	such	such	ADJ
fueconorg-1774	144	2	risks	risk	NOUN
fueconorg-1774	144	3	can	can	AUX
fueconorg-1774	144	4	be	be	AUX
fueconorg-1774	144	5	controlled	control	VERB
fueconorg-1774	144	6	by	by	ADP
fueconorg-1774	144	7	the	the	DET
fueconorg-1774	144	8	division	division	NOUN
fueconorg-1774	144	9	of	of	ADP
fueconorg-1774	144	10	goals	goal	NOUN
fueconorg-1774	144	11	,	,	PUNCT
fueconorg-1774	144	12	instruments	instrument	NOUN
fueconorg-1774	144	13	and	and	CCONJ
fueconorg-1774	144	14	responsibilities	responsibility	NOUN
fueconorg-1774	144	15	of	of	ADP
fueconorg-1774	144	16	macroprudential	macroprudential	ADJ
fueconorg-1774	144	17	and	and	CCONJ
fueconorg-1774	144	18	monetary	monetary	ADJ
fueconorg-1774	144	19	policy	policy	NOUN
fueconorg-1774	144	20	,	,	PUNCT
fueconorg-1774	144	21	which	which	PRON
fueconorg-1774	144	22	is	be	AUX
fueconorg-1774	144	23	especially	especially	ADV
fueconorg-1774	144	24	important	important	ADJ
fueconorg-1774	144	25	if	if	SCONJ
fueconorg-1774	144	26	both	both	PRON
fueconorg-1774	144	27	of	of	ADP
fueconorg-1774	144	28	these	these	DET
fueconorg-1774	144	29	roles	role	NOUN
fueconorg-1774	144	30	are	be	AUX
fueconorg-1774	144	31	performed	perform	VERB
fueconorg-1774	144	32	by	by	ADP
fueconorg-1774	144	33	the	the	DET
fueconorg-1774	144	34	same	same	ADJ
fueconorg-1774	144	35	institution	institution	NOUN
fueconorg-1774	144	36	,	,	PUNCT
fueconorg-1774	144	37	i.e.the	i.e.the	DET
fueconorg-1774	144	38	central	central	ADJ
fueconorg-1774	144	39	bank	bank	NOUN
fueconorg-1774	144	40	.	.	PUNCT
fueconorg-1774	145	1	in	in	ADP
fueconorg-1774	145	2	order	order	NOUN
fueconorg-1774	145	3	to	to	PART
fueconorg-1774	145	4	solve	solve	VERB
fueconorg-1774	145	5	the	the	DET
fueconorg-1774	145	6	problem	problem	NOUN
fueconorg-1774	145	7	of	of	ADP
fueconorg-1774	145	8	time	time	NOUN
fueconorg-1774	145	9	inconsistency	inconsistency	NOUN
fueconorg-1774	145	10	,	,	PUNCT
fueconorg-1774	145	11	the	the	DET
fueconorg-1774	145	12	central	central	ADJ
fueconorg-1774	145	13	bank	bank	NOUN
fueconorg-1774	145	14	,	,	PUNCT
fueconorg-1774	145	15	being	be	AUX
fueconorg-1774	145	16	a	a	DET
fueconorg-1774	145	17	part	part	NOUN
fueconorg-1774	145	18	of	of	ADP
fueconorg-1774	145	19	monetary	monetary	ADJ
fueconorg-1774	145	20	regulation	regulation	NOUN
fueconorg-1774	145	21	must	must	AUX
fueconorg-1774	145	22	take	take	VERB
fueconorg-1774	145	23	care	care	NOUN
fueconorg-1774	145	24	primarily	primarily	ADV
fueconorg-1774	145	25	of	of	ADP
fueconorg-1774	145	26	price	price	NOUN
fueconorg-1774	145	27	stability	stability	NOUN
fueconorg-1774	145	28	,	,	PUNCT
fueconorg-1774	145	29	while	while	SCONJ
fueconorg-1774	145	30	pursuing	pursue	VERB
fueconorg-1774	145	31	financial	financial	ADJ
fueconorg-1774	145	32	stability	stability	NOUN
fueconorg-1774	145	33	remains	remain	VERB
fueconorg-1774	145	34	the	the	DET
fueconorg-1774	145	35	primary	primary	ADJ
fueconorg-1774	145	36	responsibility	responsibility	NOUN
fueconorg-1774	145	37	of	of	ADP
fueconorg-1774	145	38	macroprudential	macroprudential	ADJ
fueconorg-1774	145	39	,	,	PUNCT
fueconorg-1774	145	40	and	and	CCONJ
fueconorg-1774	145	41	not	not	PART
fueconorg-1774	145	42	monetary	monetary	ADJ
fueconorg-1774	145	43	policy	policy	NOUN
fueconorg-1774	145	44	.	.	PUNCT
fueconorg-1774	146	1	there	there	PRON
fueconorg-1774	146	2	are	be	VERB
fueconorg-1774	146	3	numerous	numerous	ADJ
fueconorg-1774	146	4	ways	way	NOUN
fueconorg-1774	146	5	in	in	ADP
fueconorg-1774	146	6	which	which	PRON
fueconorg-1774	146	7	the	the	DET
fueconorg-1774	146	8	central	central	ADJ
fueconorg-1774	146	9	bank	bank	NOUN
fueconorg-1774	146	10	fulfills	fulfill	VERB
fueconorg-1774	146	11	its	its	PRON
fueconorg-1774	146	12	macroprudential	macroprudential	ADJ
fueconorg-1774	146	13	role	role	NOUN
fueconorg-1774	146	14	.	.	PUNCT
fueconorg-1774	147	1	in	in	ADP
fueconorg-1774	147	2	some	some	DET
fueconorg-1774	147	3	countries	country	NOUN
fueconorg-1774	147	4	(	(	PUNCT
fueconorg-1774	147	5	e.g.	e.g.	ADV
fueconorg-1774	147	6	the	the	DET
fueconorg-1774	147	7	united	united	ADJ
fueconorg-1774	147	8	kingdom	kingdom	PROPN
fueconorg-1774	147	9	)	)	PUNCT
fueconorg-1774	147	10	,	,	PUNCT
fueconorg-1774	147	11	the	the	DET
fueconorg-1774	147	12	central	central	ADJ
fueconorg-1774	147	13	bank	bank	NOUN
fueconorg-1774	147	14	has	have	VERB
fueconorg-1774	147	15	a	a	DET
fueconorg-1774	147	16	clear	clear	ADJ
fueconorg-1774	147	17	mandate	mandate	NOUN
fueconorg-1774	147	18	for	for	ADP
fueconorg-1774	147	19	macroprudential	macroprudential	ADJ
fueconorg-1774	147	20	and	and	CCONJ
fueconorg-1774	147	21	microprudential	microprudential	ADJ
fueconorg-1774	147	22	policies	policy	NOUN
fueconorg-1774	147	23	.	.	PUNCT
fueconorg-1774	148	1	in	in	ADP
fueconorg-1774	148	2	other	other	ADJ
fueconorg-1774	148	3	countries	country	NOUN
fueconorg-1774	148	4	,	,	PUNCT
fueconorg-1774	148	5	the	the	DET
fueconorg-1774	148	6	central	central	ADJ
fueconorg-1774	148	7	bank	bank	NOUN
fueconorg-1774	148	8	has	have	VERB
fueconorg-1774	148	9	a	a	DET
fueconorg-1774	148	10	significant	significant	ADJ
fueconorg-1774	148	11	share	share	NOUN
fueconorg-1774	148	12	in	in	ADP
fueconorg-1774	148	13	the	the	DET
fueconorg-1774	148	14	structure	structure	NOUN
fueconorg-1774	148	15	of	of	ADP
fueconorg-1774	148	16	the	the	DET
fueconorg-1774	148	17	committee	committee	NOUN
fueconorg-1774	148	18	vote	vote	NOUN
fueconorg-1774	148	19	on	on	ADP
fueconorg-1774	148	20	macroprudential	macroprudential	ADJ
fueconorg-1774	148	21	issues	issue	NOUN
fueconorg-1774	148	22	(	(	PUNCT
fueconorg-1774	148	23	as	as	ADP
fueconorg-1774	148	24	in	in	ADP
fueconorg-1774	148	25	the	the	DET
fueconorg-1774	148	26	case	case	NOUN
fueconorg-1774	148	27	of	of	ADP
fueconorg-1774	148	28	the	the	DET
fueconorg-1774	148	29	european	european	ADJ
fueconorg-1774	148	30	systemic	systemic	ADJ
fueconorg-1774	148	31	risk	risk	NOUN
fueconorg-1774	148	32	board	board	PROPN
fueconorg-1774	148	33	,	,	PUNCT
fueconorg-1774	148	34	esrb	esrb	PROPN
fueconorg-1774	148	35	)	)	PUNCT
fueconorg-1774	148	36	.	.	PUNCT
fueconorg-1774	149	1	in	in	ADP
fueconorg-1774	149	2	the	the	DET
fueconorg-1774	149	3	us	us	PROPN
fueconorg-1774	149	4	,	,	PUNCT
fueconorg-1774	149	5	the	the	DET
fueconorg-1774	149	6	federal	federal	PROPN
fueconorg-1774	149	7	reserve	reserve	NOUN
fueconorg-1774	149	8	system	system	NOUN
fueconorg-1774	149	9	is	be	AUX
fueconorg-1774	149	10	one	one	NUM
fueconorg-1774	149	11	of	of	ADP
fueconorg-1774	149	12	the	the	DET
fueconorg-1774	149	13	10	10	NUM
fueconorg-1774	149	14	authorities	authority	NOUN
fueconorg-1774	149	15	that	that	PRON
fueconorg-1774	149	16	have	have	VERB
fueconorg-1774	149	17	the	the	DET
fueconorg-1774	149	18	right	right	NOUN
fueconorg-1774	149	19	to	to	PART
fueconorg-1774	149	20	vote	vote	VERB
fueconorg-1774	149	21	in	in	ADP
fueconorg-1774	149	22	the	the	DET
fueconorg-1774	149	23	financial	financial	ADJ
fueconorg-1774	149	24	stability	stability	NOUN
fueconorg-1774	149	25	oversight	oversight	NOUN
fueconorg-1774	149	26	council	council	PROPN
fueconorg-1774	149	27	(	(	PUNCT
fueconorg-1774	149	28	fsoc	fsoc	NOUN
fueconorg-1774	149	29	)	)	PUNCT
fueconorg-1774	149	30	,	,	PUNCT
fueconorg-1774	149	31	and	and	CCONJ
fueconorg-1774	149	32	are	be	AUX
fueconorg-1774	149	33	responsible	responsible	ADJ
fueconorg-1774	149	34	for	for	ADP
fueconorg-1774	149	35	the	the	DET
fueconorg-1774	149	36	regulation	regulation	NOUN
fueconorg-1774	149	37	of	of	ADP
fueconorg-1774	149	38	systemic	systemic	ADJ
fueconorg-1774	149	39	banking	banking	NOUN
fueconorg-1774	149	40	and	and	CCONJ
fueconorg-1774	149	41	nonbanking	nonbanking	ADJ
fueconorg-1774	149	42	financial	financial	ADJ
fueconorg-1774	149	43	institutions	institution	NOUN
fueconorg-1774	149	44	.	.	PUNCT
fueconorg-1774	150	1	the	the	DET
fueconorg-1774	150	2	role	role	NOUN
fueconorg-1774	150	3	of	of	ADP
fueconorg-1774	150	4	macroprudential	macroprudential	ADJ
fueconorg-1774	150	5	policy	policy	NOUN
fueconorg-1774	150	6	in	in	ADP
fueconorg-1774	150	7	preserving	preserve	VERB
fueconorg-1774	150	8	and	and	CCONJ
fueconorg-1774	150	9	strengthening	strengthen	VERB
fueconorg-1774	150	10	financial	financial	ADJ
fueconorg-1774	150	11	stability	stability	NOUN
fueconorg-1774	150	12	largely	largely	ADV
fueconorg-1774	150	13	depends	depend	VERB
fueconorg-1774	150	14	on	on	ADP
fueconorg-1774	150	15	the	the	DET
fueconorg-1774	150	16	effectiveness	effectiveness	NOUN
fueconorg-1774	150	17	of	of	ADP
fueconorg-1774	150	18	its	its	PRON
fueconorg-1774	150	19	instruments	instrument	NOUN
fueconorg-1774	150	20	,	,	PUNCT
fueconorg-1774	150	21	and	and	CCONJ
fueconorg-1774	150	22	it	it	PRON
fueconorg-1774	150	23	should	should	AUX
fueconorg-1774	150	24	be	be	AUX
fueconorg-1774	150	25	taken	take	VERB
fueconorg-1774	150	26	into	into	ADP
fueconorg-1774	150	27	consideration	consideration	NOUN
fueconorg-1774	150	28	that	that	SCONJ
fueconorg-1774	150	29	there	there	PRON
fueconorg-1774	150	30	is	be	VERB
fueconorg-1774	150	31	no	no	DET
fueconorg-1774	150	32	widely	widely	ADV
fueconorg-1774	150	33	accepted	accept	VERB
fueconorg-1774	150	34	list	list	NOUN
fueconorg-1774	150	35	of	of	ADP
fueconorg-1774	150	36	macroprudential	macroprudential	ADJ
fueconorg-1774	150	37	instruments	instrument	NOUN
fueconorg-1774	150	38	.	.	PUNCT
fueconorg-1774	151	1	on	on	ADP
fueconorg-1774	151	2	the	the	DET
fueconorg-1774	151	3	contrary	contrary	NOUN
fueconorg-1774	151	4	,	,	PUNCT
fueconorg-1774	151	5	they	they	PRON
fueconorg-1774	151	6	are	be	AUX
fueconorg-1774	151	7	adapted	adapt	VERB
fueconorg-1774	151	8	to	to	ADP
fueconorg-1774	151	9	the	the	DET
fueconorg-1774	151	10	specific	specific	ADJ
fueconorg-1774	151	11	intermediate	intermediate	ADJ
fueconorg-1774	151	12	target	target	NOUN
fueconorg-1774	151	13	,	,	PUNCT
fueconorg-1774	151	14	which	which	PRON
fueconorg-1774	151	15	may	may	AUX
fueconorg-1774	151	16	be	be	AUX
fueconorg-1774	151	17	stopping	stop	VERB
fueconorg-1774	151	18	excessive	excessive	ADJ
fueconorg-1774	151	19	credit	credit	NOUN
fueconorg-1774	151	20	growth	growth	NOUN
fueconorg-1774	151	21	and	and	CCONJ
fueconorg-1774	151	22	leverage	leverage	NOUN
fueconorg-1774	151	23	,	,	PUNCT
fueconorg-1774	151	24	maturity	maturity	NOUN
fueconorg-1774	151	25	mismatches	mismatch	NOUN
fueconorg-1774	151	26	,	,	PUNCT
fueconorg-1774	151	27	direct	direct	ADJ
fueconorg-1774	151	28	and	and	CCONJ
fueconorg-1774	151	29	indirect	indirect	ADJ
fueconorg-1774	151	30	exposures	exposure	NOUN
fueconorg-1774	151	31	,	,	PUNCT
fueconorg-1774	151	32	etc	etc	X
fueconorg-1774	151	33	.	.	X
fueconorg-1774	152	1	these	these	DET
fueconorg-1774	152	2	instruments	instrument	NOUN
fueconorg-1774	152	3	proved	prove	VERB
fueconorg-1774	152	4	to	to	PART
fueconorg-1774	152	5	be	be	AUX
fueconorg-1774	152	6	very	very	ADV
fueconorg-1774	152	7	useful	useful	ADJ
fueconorg-1774	152	8	in	in	ADP
fueconorg-1774	152	9	combating	combat	VERB
fueconorg-1774	152	10	the	the	DET
fueconorg-1774	152	11	cyclicality	cyclicality	NOUN
fueconorg-1774	152	12	of	of	ADP
fueconorg-1774	152	13	the	the	DET
fueconorg-1774	152	14	financial	financial	ADJ
fueconorg-1774	152	15	system	system	NOUN
fueconorg-1774	152	16	during	during	ADP
fueconorg-1774	152	17	the	the	DET
fueconorg-1774	152	18	recent	recent	ADJ
fueconorg-1774	152	19	financial	financial	ADJ
fueconorg-1774	152	20	crisis	crisis	NOUN
fueconorg-1774	152	21	.	.	PUNCT
fueconorg-1774	153	1	however	however	ADV
fueconorg-1774	153	2	,	,	PUNCT
fueconorg-1774	153	3	the	the	DET
fueconorg-1774	153	4	lack	lack	NOUN
fueconorg-1774	153	5	of	of	ADP
fueconorg-1774	153	6	international	international	ADJ
fueconorg-1774	153	7	coordination	coordination	NOUN
fueconorg-1774	153	8	of	of	ADP
fueconorg-1774	153	9	these	these	DET
fueconorg-1774	153	10	measures	measure	NOUN
fueconorg-1774	153	11	can	can	AUX
fueconorg-1774	153	12	be	be	AUX
fueconorg-1774	153	13	the	the	DET
fueconorg-1774	153	14	basis	basis	NOUN
fueconorg-1774	153	15	for	for	ADP
fueconorg-1774	153	16	regulatory	regulatory	ADJ
fueconorg-1774	153	17	arbitrage	arbitrage	NOUN
fueconorg-1774	153	18	,	,	PUNCT
fueconorg-1774	153	19	thus	thus	ADV
fueconorg-1774	153	20	reducing	reduce	VERB
fueconorg-1774	153	21	their	their	PRON
fueconorg-1774	153	22	effectiveness	effectiveness	NOUN
fueconorg-1774	153	23	in	in	ADP
fueconorg-1774	153	24	combating	combat	VERB
fueconorg-1774	153	25	systemic	systemic	ADJ
fueconorg-1774	153	26	risk	risk	NOUN
fueconorg-1774	153	27	significantly	significantly	ADV
fueconorg-1774	153	28	.	.	PUNCT
fueconorg-1774	154	1	this	this	DET
fueconorg-1774	154	2	problem	problem	NOUN
fueconorg-1774	154	3	is	be	AUX
fueconorg-1774	154	4	particularly	particularly	ADV
fueconorg-1774	154	5	acute	acute	ADJ
fueconorg-1774	154	6	in	in	ADP
fueconorg-1774	154	7	the	the	DET
fueconorg-1774	154	8	area	area	NOUN
fueconorg-1774	154	9	of	of	ADP
fueconorg-1774	154	10	european	european	PROPN
fueconorg-1774	154	11	monetary	monetary	PROPN
fueconorg-1774	154	12	union	union	PROPN
fueconorg-1774	154	13	(	(	PUNCT
fueconorg-1774	154	14	emu	emu	PROPN
fueconorg-1774	154	15	)	)	PUNCT
fueconorg-1774	154	16	,	,	PUNCT
fueconorg-1774	154	17	given	give	VERB
fueconorg-1774	154	18	the	the	DET
fueconorg-1774	154	19	supranational	supranational	ADJ
fueconorg-1774	154	20	monetary	monetary	ADJ
fueconorg-1774	154	21	policy	policy	NOUN
fueconorg-1774	154	22	and	and	CCONJ
fueconorg-1774	154	23	national	national	ADJ
fueconorg-1774	154	24	policy	policy	NOUN
fueconorg-1774	154	25	of	of	ADP
fueconorg-1774	154	26	financial	financial	ADJ
fueconorg-1774	154	27	stability	stability	NOUN
fueconorg-1774	154	28	.	.	PUNCT
fueconorg-1774	155	1	the	the	DET
fueconorg-1774	155	2	role	role	NOUN
fueconorg-1774	155	3	of	of	ADP
fueconorg-1774	155	4	monetary	monetary	ADJ
fueconorg-1774	155	5	and	and	CCONJ
fueconorg-1774	155	6	macroprudential	macroprudential	ADJ
fueconorg-1774	155	7	policies	policy	NOUN
fueconorg-1774	155	8	in	in	ADP
fueconorg-1774	155	9	pursuit	pursuit	NOUN
fueconorg-1774	155	10	of	of	ADP
fueconorg-1774	155	11	financial	financial	ADJ
fueconorg-1774	155	12	stability	stability	NOUN
fueconorg-1774	155	13	139	139	NUM
fueconorg-1774	155	14	3	3	NUM
fueconorg-1774	155	15	.	.	PUNCT
fueconorg-1774	156	1	the	the	DET
fueconorg-1774	156	2	role	role	NOUN
fueconorg-1774	156	3	of	of	ADP
fueconorg-1774	156	4	monetary	monetary	ADJ
fueconorg-1774	156	5	and	and	CCONJ
fueconorg-1774	156	6	macroprudential	macroprudential	ADJ
fueconorg-1774	156	7	policies	policy	NOUN
fueconorg-1774	156	8	in	in	ADP
fueconorg-1774	156	9	preserving	preserve	VERB
fueconorg-1774	156	10	financial	financial	ADJ
fueconorg-1774	156	11	stability	stability	NOUN
fueconorg-1774	156	12	in	in	ADP
fueconorg-1774	156	13	the	the	DET
fueconorg-1774	156	14	european	european	PROPN
fueconorg-1774	156	15	union	union	PROPN
fueconorg-1774	156	16	on	on	ADP
fueconorg-1774	156	17	the	the	DET
fueconorg-1774	156	18	territory	territory	NOUN
fueconorg-1774	156	19	of	of	ADP
fueconorg-1774	156	20	the	the	DET
fueconorg-1774	156	21	european	european	PROPN
fueconorg-1774	156	22	union	union	PROPN
fueconorg-1774	156	23	,	,	PUNCT
fueconorg-1774	156	24	the	the	DET
fueconorg-1774	156	25	division	division	NOUN
fueconorg-1774	156	26	of	of	ADP
fueconorg-1774	156	27	responsibilities	responsibility	NOUN
fueconorg-1774	156	28	over	over	ADP
fueconorg-1774	156	29	the	the	DET
fueconorg-1774	156	30	basic	basic	ADJ
fueconorg-1774	156	31	functions	function	NOUN
fueconorg-1774	156	32	of	of	ADP
fueconorg-1774	156	33	cb	cb	PROPN
fueconorg-1774	156	34	was	be	AUX
fueconorg-1774	156	35	carried	carry	VERB
fueconorg-1774	156	36	out	out	ADP
fueconorg-1774	156	37	so	so	SCONJ
fueconorg-1774	156	38	that	that	SCONJ
fueconorg-1774	156	39	ecb	ecb	NOUN
fueconorg-1774	156	40	took	take	VERB
fueconorg-1774	156	41	over	over	ADP
fueconorg-1774	156	42	responsibility	responsibility	NOUN
fueconorg-1774	156	43	for	for	ADP
fueconorg-1774	156	44	the	the	DET
fueconorg-1774	156	45	implementation	implementation	NOUN
fueconorg-1774	156	46	of	of	ADP
fueconorg-1774	156	47	monetary	monetary	ADJ
fueconorg-1774	156	48	policy	policy	NOUN
fueconorg-1774	156	49	in	in	ADP
fueconorg-1774	156	50	the	the	DET
fueconorg-1774	156	51	eurozone	eurozone	NOUN
fueconorg-1774	156	52	countries	country	NOUN
fueconorg-1774	156	53	,	,	PUNCT
fueconorg-1774	156	54	while	while	SCONJ
fueconorg-1774	156	55	the	the	DET
fueconorg-1774	156	56	functions	function	NOUN
fueconorg-1774	156	57	of	of	ADP
fueconorg-1774	156	58	supervision	supervision	NOUN
fueconorg-1774	156	59	and	and	CCONJ
fueconorg-1774	156	60	the	the	DET
fueconorg-1774	156	61	lender	lender	NOUN
fueconorg-1774	156	62	of	of	ADP
fueconorg-1774	156	63	last	last	ADJ
fueconorg-1774	156	64	resort	resort	NOUN
fueconorg-1774	156	65	remained	remain	VERB
fueconorg-1774	156	66	under	under	ADP
fueconorg-1774	156	67	the	the	DET
fueconorg-1774	156	68	jurisdiction	jurisdiction	NOUN
fueconorg-1774	156	69	of	of	ADP
fueconorg-1774	156	70	the	the	DET
fueconorg-1774	156	71	national	national	ADJ
fueconorg-1774	156	72	central	central	ADJ
fueconorg-1774	156	73	banks	bank	NOUN
fueconorg-1774	156	74	and	and	CCONJ
fueconorg-1774	156	75	supervisory	supervisory	ADJ
fueconorg-1774	156	76	authority	authority	NOUN
fueconorg-1774	156	77	.	.	PUNCT
fueconorg-1774	157	1	the	the	DET
fueconorg-1774	157	2	ecb	ecb	NOUN
fueconorg-1774	157	3	is	be	AUX
fueconorg-1774	157	4	in	in	ADP
fueconorg-1774	157	5	total	total	ADJ
fueconorg-1774	157	6	control	control	NOUN
fueconorg-1774	157	7	of	of	ADP
fueconorg-1774	157	8	the	the	DET
fueconorg-1774	157	9	function	function	NOUN
fueconorg-1774	157	10	of	of	ADP
fueconorg-1774	157	11	monetary	monetary	ADJ
fueconorg-1774	157	12	regulation	regulation	NOUN
fueconorg-1774	157	13	within	within	ADP
fueconorg-1774	157	14	which	which	PRON
fueconorg-1774	157	15	it	it	PRON
fueconorg-1774	157	16	defines	define	VERB
fueconorg-1774	157	17	and	and	CCONJ
fueconorg-1774	157	18	implements	implement	VERB
fueconorg-1774	157	19	monetary	monetary	ADJ
fueconorg-1774	157	20	policy	policy	NOUN
fueconorg-1774	157	21	,	,	PUNCT
fueconorg-1774	157	22	taking	take	VERB
fueconorg-1774	157	23	care	care	NOUN
fueconorg-1774	157	24	of	of	ADP
fueconorg-1774	157	25	price	price	NOUN
fueconorg-1774	157	26	stability	stability	NOUN
fueconorg-1774	157	27	within	within	ADP
fueconorg-1774	157	28	the	the	DET
fueconorg-1774	157	29	emu	emu	PROPN
fueconorg-1774	157	30	.	.	PUNCT
fueconorg-1774	158	1	however	however	ADV
fueconorg-1774	158	2	,	,	PUNCT
fueconorg-1774	158	3	the	the	DET
fueconorg-1774	158	4	ecb	ecb	NOUN
fueconorg-1774	158	5	does	do	AUX
fueconorg-1774	158	6	not	not	PART
fueconorg-1774	158	7	have	have	VERB
fueconorg-1774	158	8	official	official	ADJ
fueconorg-1774	158	9	jurisdiction	jurisdiction	NOUN
fueconorg-1774	158	10	in	in	ADP
fueconorg-1774	158	11	matters	matter	NOUN
fueconorg-1774	158	12	of	of	ADP
fueconorg-1774	158	13	regulation	regulation	NOUN
fueconorg-1774	158	14	and	and	CCONJ
fueconorg-1774	158	15	supervision	supervision	NOUN
fueconorg-1774	158	16	,	,	PUNCT
fueconorg-1774	158	17	and	and	CCONJ
fueconorg-1774	158	18	it	it	PRON
fueconorg-1774	158	19	is	be	AUX
fueconorg-1774	158	20	included	include	VERB
fueconorg-1774	158	21	here	here	ADV
fueconorg-1774	158	22	only	only	ADV
fueconorg-1774	158	23	indirectly	indirectly	ADV
fueconorg-1774	158	24	,	,	PUNCT
fueconorg-1774	158	25	through	through	ADP
fueconorg-1774	158	26	the	the	DET
fueconorg-1774	158	27	european	european	ADJ
fueconorg-1774	158	28	system	system	NOUN
fueconorg-1774	158	29	of	of	ADP
fueconorg-1774	158	30	central	central	ADJ
fueconorg-1774	158	31	banks	bank	NOUN
fueconorg-1774	158	32	,	,	PUNCT
fueconorg-1774	158	33	as	as	ADV
fueconorg-1774	158	34	much	much	ADV
fueconorg-1774	158	35	as	as	SCONJ
fueconorg-1774	158	36	the	the	DET
fueconorg-1774	158	37	central	central	ADJ
fueconorg-1774	158	38	bank	bank	NOUN
fueconorg-1774	158	39	of	of	ADP
fueconorg-1774	158	40	a	a	DET
fueconorg-1774	158	41	particular	particular	ADJ
fueconorg-1774	158	42	national	national	ADJ
fueconorg-1774	158	43	economy	economy	NOUN
fueconorg-1774	158	44	is	be	AUX
fueconorg-1774	158	45	at	at	ADP
fueconorg-1774	158	46	the	the	DET
fueconorg-1774	158	47	same	same	ADJ
fueconorg-1774	158	48	time	time	NOUN
fueconorg-1774	158	49	a	a	DET
fueconorg-1774	158	50	regulator	regulator	NOUN
fueconorg-1774	158	51	as	as	ADV
fueconorg-1774	158	52	well	well	ADV
fueconorg-1774	158	53	.	.	PUNCT
fueconorg-1774	159	1	despite	despite	SCONJ
fueconorg-1774	159	2	possible	possible	ADJ
fueconorg-1774	159	3	limitations	limitation	NOUN
fueconorg-1774	159	4	and	and	CCONJ
fueconorg-1774	159	5	the	the	DET
fueconorg-1774	159	6	lack	lack	NOUN
fueconorg-1774	159	7	of	of	ADP
fueconorg-1774	159	8	direct	direct	ADJ
fueconorg-1774	159	9	involvement	involvement	NOUN
fueconorg-1774	159	10	of	of	ADP
fueconorg-1774	159	11	the	the	DET
fueconorg-1774	159	12	ecb	ecb	NOUN
fueconorg-1774	159	13	in	in	ADP
fueconorg-1774	159	14	the	the	DET
fueconorg-1774	159	15	field	field	NOUN
fueconorg-1774	159	16	of	of	ADP
fueconorg-1774	159	17	regulation	regulation	NOUN
fueconorg-1774	159	18	and	and	CCONJ
fueconorg-1774	159	19	supervision	supervision	NOUN
fueconorg-1774	159	20	of	of	ADP
fueconorg-1774	159	21	credit	credit	NOUN
fueconorg-1774	159	22	institutions	institution	NOUN
fueconorg-1774	159	23	,	,	PUNCT
fueconorg-1774	159	24	its	its	PRON
fueconorg-1774	159	25	role	role	NOUN
fueconorg-1774	159	26	in	in	ADP
fueconorg-1774	159	27	this	this	DET
fueconorg-1774	159	28	segment	segment	NOUN
fueconorg-1774	159	29	can	can	AUX
fueconorg-1774	159	30	not	not	PART
fueconorg-1774	159	31	be	be	AUX
fueconorg-1774	159	32	ignored	ignore	VERB
fueconorg-1774	159	33	,	,	PUNCT
fueconorg-1774	159	34	especially	especially	ADV
fueconorg-1774	159	35	when	when	SCONJ
fueconorg-1774	159	36	it	it	PRON
fueconorg-1774	159	37	comes	come	VERB
fueconorg-1774	159	38	to	to	ADP
fueconorg-1774	159	39	its	its	PRON
fueconorg-1774	159	40	macroprudential	macroprudential	ADJ
fueconorg-1774	159	41	role	role	NOUN
fueconorg-1774	159	42	.	.	PUNCT
fueconorg-1774	160	1	macroprudential	macroprudential	ADJ
fueconorg-1774	160	2	role	role	NOUN
fueconorg-1774	160	3	of	of	ADP
fueconorg-1774	160	4	the	the	DET
fueconorg-1774	160	5	ecb	ecb	NOUN
fueconorg-1774	160	6	is	be	AUX
fueconorg-1774	160	7	even	even	ADV
fueconorg-1774	160	8	more	more	ADV
fueconorg-1774	160	9	relevant	relevant	ADJ
fueconorg-1774	160	10	in	in	ADP
fueconorg-1774	160	11	the	the	DET
fueconorg-1774	160	12	context	context	NOUN
fueconorg-1774	160	13	of	of	ADP
fueconorg-1774	160	14	monetary	monetary	ADJ
fueconorg-1774	160	15	union	union	NOUN
fueconorg-1774	160	16	,	,	PUNCT
fueconorg-1774	160	17	where	where	SCONJ
fueconorg-1774	160	18	its	its	PRON
fueconorg-1774	160	19	duty	duty	NOUN
fueconorg-1774	160	20	is	be	AUX
fueconorg-1774	160	21	to	to	PART
fueconorg-1774	160	22	express	express	VERB
fueconorg-1774	160	23	the	the	DET
fueconorg-1774	160	24	differences	difference	NOUN
fueconorg-1774	160	25	between	between	ADP
fueconorg-1774	160	26	the	the	DET
fueconorg-1774	160	27	financial	financial	ADJ
fueconorg-1774	160	28	systems	system	NOUN
fueconorg-1774	160	29	of	of	ADP
fueconorg-1774	160	30	comparable	comparable	ADJ
fueconorg-1774	160	31	countries	country	NOUN
fueconorg-1774	160	32	which	which	PRON
fueconorg-1774	160	33	have	have	VERB
fueconorg-1774	160	34	the	the	DET
fueconorg-1774	160	35	same	same	ADJ
fueconorg-1774	160	36	level	level	NOUN
fueconorg-1774	160	37	of	of	ADP
fueconorg-1774	160	38	economic	economic	ADJ
fueconorg-1774	160	39	development	development	NOUN
fueconorg-1774	160	40	(	(	PUNCT
fueconorg-1774	160	41	božina	božina	PROPN
fueconorg-1774	160	42	&	&	CCONJ
fueconorg-1774	160	43	štajfer	štajfer	NOUN
fueconorg-1774	160	44	,	,	PUNCT
fueconorg-1774	160	45	2009	2009	NUM
fueconorg-1774	160	46	)	)	PUNCT
fueconorg-1774	160	47	.	.	PUNCT
fueconorg-1774	161	1	within	within	ADP
fueconorg-1774	161	2	a	a	DET
fueconorg-1774	161	3	monetary	monetary	ADJ
fueconorg-1774	161	4	union	union	NOUN
fueconorg-1774	161	5	,	,	PUNCT
fueconorg-1774	161	6	macroprudential	macroprudential	ADJ
fueconorg-1774	161	7	policy	policy	NOUN
fueconorg-1774	161	8	is	be	AUX
fueconorg-1774	161	9	defined	define	VERB
fueconorg-1774	161	10	at	at	ADP
fueconorg-1774	161	11	the	the	DET
fueconorg-1774	161	12	national	national	ADJ
fueconorg-1774	161	13	level	level	NOUN
fueconorg-1774	161	14	and	and	CCONJ
fueconorg-1774	161	15	the	the	DET
fueconorg-1774	161	16	national	national	ADJ
fueconorg-1774	161	17	central	central	ADJ
fueconorg-1774	161	18	banks	bank	NOUN
fueconorg-1774	161	19	have	have	VERB
fueconorg-1774	161	20	the	the	DET
fueconorg-1774	161	21	ability	ability	NOUN
fueconorg-1774	161	22	to	to	PART
fueconorg-1774	161	23	define	define	VERB
fueconorg-1774	161	24	macroprudential	macroprudential	ADJ
fueconorg-1774	161	25	policy	policy	NOUN
fueconorg-1774	161	26	instruments	instrument	NOUN
fueconorg-1774	161	27	tailored	tailor	VERB
fueconorg-1774	161	28	to	to	ADP
fueconorg-1774	161	29	the	the	DET
fueconorg-1774	161	30	specific	specific	ADJ
fueconorg-1774	161	31	sources	source	NOUN
fueconorg-1774	161	32	of	of	ADP
fueconorg-1774	161	33	instability	instability	NOUN
fueconorg-1774	161	34	in	in	ADP
fueconorg-1774	161	35	the	the	DET
fueconorg-1774	161	36	financial	financial	ADJ
fueconorg-1774	161	37	system	system	NOUN
fueconorg-1774	161	38	.	.	PUNCT
fueconorg-1774	162	1	that	that	PRON
fueconorg-1774	162	2	is	be	AUX
fueconorg-1774	162	3	how	how	SCONJ
fueconorg-1774	162	4	they	they	PRON
fueconorg-1774	162	5	act	act	VERB
fueconorg-1774	162	6	countercyclically	countercyclically	ADV
fueconorg-1774	162	7	by	by	ADP
fueconorg-1774	162	8	using	use	VERB
fueconorg-1774	162	9	macroprudential	macroprudential	ADJ
fueconorg-1774	162	10	policies	policy	NOUN
fueconorg-1774	162	11	,	,	PUNCT
fueconorg-1774	162	12	given	give	VERB
fueconorg-1774	162	13	that	that	SCONJ
fueconorg-1774	162	14	the	the	DET
fueconorg-1774	162	15	monetary	monetary	ADJ
fueconorg-1774	162	16	policy	policy	NOUN
fueconorg-1774	162	17	is	be	AUX
fueconorg-1774	162	18	within	within	ADP
fueconorg-1774	162	19	the	the	DET
fueconorg-1774	162	20	competence	competence	NOUN
fueconorg-1774	162	21	of	of	ADP
fueconorg-1774	162	22	the	the	DET
fueconorg-1774	162	23	ecb	ecb	NOUN
fueconorg-1774	162	24	and	and	CCONJ
fueconorg-1774	162	25	that	that	SCONJ
fueconorg-1774	162	26	they	they	PRON
fueconorg-1774	162	27	have	have	VERB
fueconorg-1774	162	28	no	no	DET
fueconorg-1774	162	29	ability	ability	NOUN
fueconorg-1774	162	30	to	to	PART
fueconorg-1774	162	31	influence	influence	VERB
fueconorg-1774	162	32	interest	interest	NOUN
fueconorg-1774	162	33	rates	rate	NOUN
fueconorg-1774	162	34	(	(	PUNCT
fueconorg-1774	162	35	galati	galati	PROPN
fueconorg-1774	162	36	&	&	CCONJ
fueconorg-1774	162	37	moessner	moessner	NOUN
fueconorg-1774	162	38	,	,	PUNCT
fueconorg-1774	162	39	2011	2011	NUM
fueconorg-1774	162	40	)	)	PUNCT
fueconorg-1774	162	41	.	.	PUNCT
fueconorg-1774	163	1	fig	fig	NOUN
fueconorg-1774	163	2	.	.	PUNCT
fueconorg-1774	164	1	1	1	NUM
fueconorg-1774	165	1	the	the	DET
fueconorg-1774	165	2	new	new	ADJ
fueconorg-1774	165	3	institutional	institutional	ADJ
fueconorg-1774	165	4	framework	framework	NOUN
fueconorg-1774	165	5	of	of	ADP
fueconorg-1774	165	6	the	the	DET
fueconorg-1774	165	7	european	european	PROPN
fueconorg-1774	165	8	monetary	monetary	PROPN
fueconorg-1774	165	9	union	union	PROPN
fueconorg-1774	165	10	source	source	NOUN
fueconorg-1774	165	11	:	:	PUNCT
fueconorg-1774	165	12	(	(	PUNCT
fueconorg-1774	165	13	smets	smet	NOUN
fueconorg-1774	165	14	,	,	PUNCT
fueconorg-1774	165	15	2013	2013	NUM
fueconorg-1774	165	16	,	,	PUNCT
fueconorg-1774	165	17	p.	p.	NOUN
fueconorg-1774	165	18	122	122	NUM
fueconorg-1774	165	19	)	)	PUNCT
fueconorg-1774	165	20	as	as	SCONJ
fueconorg-1774	165	21	we	we	PRON
fueconorg-1774	165	22	can	can	AUX
fueconorg-1774	165	23	see	see	VERB
fueconorg-1774	165	24	in	in	ADP
fueconorg-1774	165	25	the	the	DET
fueconorg-1774	165	26	figure	figure	NOUN
fueconorg-1774	165	27	,	,	PUNCT
fueconorg-1774	165	28	monetary	monetary	ADJ
fueconorg-1774	165	29	and	and	CCONJ
fueconorg-1774	165	30	macroprudential	macroprudential	ADJ
fueconorg-1774	165	31	policies	policy	NOUN
fueconorg-1774	165	32	are	be	AUX
fueconorg-1774	165	33	used	use	VERB
fueconorg-1774	165	34	as	as	ADP
fueconorg-1774	165	35	countercyclical	countercyclical	ADJ
fueconorg-1774	165	36	policies	policy	NOUN
fueconorg-1774	165	37	,	,	PUNCT
fueconorg-1774	165	38	whereby	whereby	SCONJ
fueconorg-1774	165	39	monetary	monetary	ADJ
fueconorg-1774	165	40	policy	policy	NOUN
fueconorg-1774	165	41	is	be	AUX
fueconorg-1774	165	42	focused	focus	VERB
fueconorg-1774	165	43	on	on	ADP
fueconorg-1774	165	44	price	price	NOUN
fueconorg-1774	165	45	stability	stability	NOUN
fueconorg-1774	165	46	and	and	CCONJ
fueconorg-1774	165	47	macroprudential	macroprudential	ADJ
fueconorg-1774	165	48	policy	policy	NOUN
fueconorg-1774	165	49	on	on	ADP
fueconorg-1774	165	50	financial	financial	ADJ
fueconorg-1774	165	51	stability	stability	NOUN
fueconorg-1774	165	52	.	.	PUNCT
fueconorg-1774	166	1	on	on	ADP
fueconorg-1774	166	2	the	the	DET
fueconorg-1774	166	3	other	other	ADJ
fueconorg-1774	166	4	hand	hand	NOUN
fueconorg-1774	166	5	,	,	PUNCT
fueconorg-1774	166	6	microprudential	microprudential	ADJ
fueconorg-1774	166	7	policy	policy	NOUN
fueconorg-1774	166	8	takes	take	VERB
fueconorg-1774	166	9	care	care	NOUN
fueconorg-1774	166	10	of	of	ADP
fueconorg-1774	166	11	the	the	DET
fueconorg-1774	166	12	stability	stability	NOUN
fueconorg-1774	166	13	of	of	ADP
fueconorg-1774	166	14	the	the	DET
fueconorg-1774	166	15	individual	individual	ADJ
fueconorg-1774	166	16	financial	financial	ADJ
fueconorg-1774	166	17	institutions	institution	NOUN
fueconorg-1774	166	18	,	,	PUNCT
fueconorg-1774	166	19	i.e.banks	i.e.bank	NOUN
fueconorg-1774	166	20	.	.	PUNCT
fueconorg-1774	167	1	it	it	PRON
fueconorg-1774	167	2	is	be	AUX
fueconorg-1774	167	3	necessary	necessary	ADJ
fueconorg-1774	167	4	to	to	PART
fueconorg-1774	167	5	examine	examine	VERB
fueconorg-1774	167	6	how	how	SCONJ
fueconorg-1774	167	7	monetary	monetary	ADJ
fueconorg-1774	167	8	and	and	CCONJ
fueconorg-1774	167	9	macroprudential	macroprudential	ADJ
fueconorg-1774	167	10	policy	policy	NOUN
fueconorg-1774	167	11	co	co	NOUN
fueconorg-1774	167	12	-	-	NOUN
fueconorg-1774	167	13	operate	operate	VERB
fueconorg-1774	167	14	since	since	SCONJ
fueconorg-1774	167	15	they	they	PRON
fueconorg-1774	167	16	have	have	VERB
fueconorg-1774	167	17	different	different	ADJ
fueconorg-1774	167	18	objectives	objective	NOUN
fueconorg-1774	167	19	and	and	CCONJ
fueconorg-1774	167	20	use	use	VERB
fueconorg-1774	167	21	different	different	ADJ
fueconorg-1774	167	22	instruments	instrument	NOUN
fueconorg-1774	167	23	.	.	PUNCT
fueconorg-1774	168	1	in	in	ADP
fueconorg-1774	168	2	the	the	DET
fueconorg-1774	168	3	previous	previous	ADJ
fueconorg-1774	168	4	section	section	NOUN
fueconorg-1774	168	5	,	,	PUNCT
fueconorg-1774	168	6	we	we	PRON
fueconorg-1774	168	7	have	have	AUX
fueconorg-1774	168	8	pointed	point	VERB
fueconorg-1774	168	9	out	out	ADP
fueconorg-1774	168	10	to	to	ADP
fueconorg-1774	168	11	a	a	DET
fueconorg-1774	168	12	significant	significant	ADJ
fueconorg-1774	168	13	140	140	NUM
fueconorg-1774	168	14	m.	m.	NOUN
fueconorg-1774	168	15	jemović	jemović	PROPN
fueconorg-1774	168	16	,	,	PUNCT
fueconorg-1774	168	17	s.	s.	PROPN
fueconorg-1774	168	18	marinković	marinković	PROPN
fueconorg-1774	168	19	relationship	relationship	NOUN
fueconorg-1774	168	20	these	these	DET
fueconorg-1774	168	21	objectives	objective	NOUN
fueconorg-1774	168	22	have	have	VERB
fueconorg-1774	168	23	,	,	PUNCT
fueconorg-1774	168	24	which	which	PRON
fueconorg-1774	168	25	is	be	AUX
fueconorg-1774	168	26	the	the	DET
fueconorg-1774	168	27	reason	reason	NOUN
fueconorg-1774	168	28	why	why	SCONJ
fueconorg-1774	168	29	the	the	DET
fueconorg-1774	168	30	ecb	ecb	NOUN
fueconorg-1774	168	31	in	in	ADP
fueconorg-1774	168	32	its	its	PRON
fueconorg-1774	168	33	monetary	monetary	ADJ
fueconorg-1774	168	34	strategy	strategy	NOUN
fueconorg-1774	168	35	opted	opt	VERB
fueconorg-1774	168	36	out	out	ADP
fueconorg-1774	168	37	for	for	ADP
fueconorg-1774	168	38	a	a	DET
fueconorg-1774	168	39	broader	broad	ADJ
fueconorg-1774	168	40	approach	approach	NOUN
fueconorg-1774	168	41	and	and	CCONJ
fueconorg-1774	168	42	perceiving	perceive	VERB
fueconorg-1774	168	43	the	the	DET
fueconorg-1774	168	44	impact	impact	NOUN
fueconorg-1774	168	45	of	of	ADP
fueconorg-1774	168	46	financial	financial	ADJ
fueconorg-1774	168	47	stability	stability	NOUN
fueconorg-1774	168	48	on	on	ADP
fueconorg-1774	168	49	price	price	NOUN
fueconorg-1774	168	50	stability	stability	NOUN
fueconorg-1774	168	51	.	.	PUNCT
fueconorg-1774	169	1	in	in	ADP
fueconorg-1774	169	2	this	this	DET
fueconorg-1774	169	3	way	way	NOUN
fueconorg-1774	169	4	,	,	PUNCT
fueconorg-1774	169	5	it	it	PRON
fueconorg-1774	169	6	has	have	AUX
fueconorg-1774	169	7	made	make	VERB
fueconorg-1774	169	8	a	a	DET
fueconorg-1774	169	9	balance	balance	NOUN
fueconorg-1774	169	10	between	between	ADP
fueconorg-1774	169	11	its	its	PRON
fueconorg-1774	169	12	business	business	NOUN
fueconorg-1774	169	13	area	area	NOUN
fueconorg-1774	169	14	and	and	CCONJ
fueconorg-1774	169	15	macro	macro	NOUN
fueconorg-1774	169	16	and	and	CCONJ
fueconorg-1774	169	17	micro	micro	ADJ
fueconorg-1774	169	18	prudential	prudential	ADJ
fueconorg-1774	169	19	policies	policy	NOUN
fueconorg-1774	169	20	.	.	PUNCT
fueconorg-1774	170	1	the	the	DET
fueconorg-1774	170	2	ecb	ecb	PROPN
fueconorg-1774	170	3	has	have	VERB
fueconorg-1774	170	4	a	a	DET
fueconorg-1774	170	5	limited	limited	ADJ
fueconorg-1774	170	6	capacity	capacity	NOUN
fueconorg-1774	170	7	in	in	ADP
fueconorg-1774	170	8	the	the	DET
fueconorg-1774	170	9	field	field	NOUN
fueconorg-1774	170	10	of	of	ADP
fueconorg-1774	170	11	preserving	preserve	VERB
fueconorg-1774	170	12	financial	financial	ADJ
fueconorg-1774	170	13	stability	stability	NOUN
fueconorg-1774	170	14	given	give	VERB
fueconorg-1774	170	15	the	the	DET
fueconorg-1774	170	16	limited	limited	ADJ
fueconorg-1774	170	17	fiscal	fiscal	ADJ
fueconorg-1774	170	18	mandate	mandate	NOUN
fueconorg-1774	170	19	,	,	PUNCT
fueconorg-1774	170	20	which	which	PRON
fueconorg-1774	170	21	prevents	prevent	VERB
fueconorg-1774	170	22	it	it	PRON
fueconorg-1774	170	23	from	from	ADP
fueconorg-1774	170	24	stepping	step	VERB
fueconorg-1774	170	25	forward	forward	ADV
fueconorg-1774	170	26	as	as	ADP
fueconorg-1774	170	27	the	the	DET
fueconorg-1774	170	28	lender	lender	NOUN
fueconorg-1774	170	29	of	of	ADP
fueconorg-1774	170	30	last	last	ADJ
fueconorg-1774	170	31	resort	resort	NOUN
fueconorg-1774	170	32	for	for	ADP
fueconorg-1774	170	33	credit	credit	NOUN
fueconorg-1774	170	34	institutions	institution	NOUN
fueconorg-1774	170	35	.	.	PUNCT
fueconorg-1774	171	1	this	this	PRON
fueconorg-1774	171	2	is	be	AUX
fueconorg-1774	171	3	a	a	DET
fueconorg-1774	171	4	significant	significant	ADJ
fueconorg-1774	171	5	difference	difference	NOUN
fueconorg-1774	171	6	compared	compare	VERB
fueconorg-1774	171	7	to	to	ADP
fueconorg-1774	171	8	the	the	DET
fueconorg-1774	171	9	fed	fed	PROPN
fueconorg-1774	171	10	and	and	CCONJ
fueconorg-1774	171	11	the	the	DET
fueconorg-1774	171	12	central	central	ADJ
fueconorg-1774	171	13	bank	bank	PROPN
fueconorg-1774	171	14	of	of	ADP
fueconorg-1774	171	15	england	england	PROPN
fueconorg-1774	171	16	,	,	PUNCT
fueconorg-1774	171	17	which	which	PRON
fueconorg-1774	171	18	have	have	VERB
fueconorg-1774	171	19	the	the	DET
fueconorg-1774	171	20	capacity	capacity	NOUN
fueconorg-1774	171	21	to	to	PART
fueconorg-1774	171	22	come	come	VERB
fueconorg-1774	171	23	forward	forward	ADV
fueconorg-1774	171	24	in	in	ADP
fueconorg-1774	171	25	the	the	DET
fueconorg-1774	171	26	role	role	NOUN
fueconorg-1774	171	27	of	of	ADP
fueconorg-1774	171	28	the	the	DET
fueconorg-1774	171	29	lender	lender	NOUN
fueconorg-1774	171	30	of	of	ADP
fueconorg-1774	171	31	last	last	ADJ
fueconorg-1774	171	32	resort	resort	NOUN
fueconorg-1774	171	33	.	.	PUNCT
fueconorg-1774	172	1	moreover	moreover	ADV
fueconorg-1774	172	2	,	,	PUNCT
fueconorg-1774	172	3	the	the	DET
fueconorg-1774	172	4	fed	fed	PROPN
fueconorg-1774	172	5	has	have	VERB
fueconorg-1774	172	6	the	the	DET
fueconorg-1774	172	7	final	final	ADJ
fueconorg-1774	172	8	say	say	NOUN
fueconorg-1774	172	9	in	in	ADP
fueconorg-1774	172	10	the	the	DET
fueconorg-1774	172	11	supervision	supervision	NOUN
fueconorg-1774	172	12	over	over	ADP
fueconorg-1774	172	13	the	the	DET
fueconorg-1774	172	14	other	other	ADJ
fueconorg-1774	172	15	regulatory	regulatory	ADJ
fueconorg-1774	172	16	bodies	body	NOUN
fueconorg-1774	172	17	,	,	PUNCT
fueconorg-1774	172	18	which	which	PRON
fueconorg-1774	172	19	is	be	AUX
fueconorg-1774	172	20	not	not	PART
fueconorg-1774	172	21	the	the	DET
fueconorg-1774	172	22	case	case	NOUN
fueconorg-1774	172	23	in	in	ADP
fueconorg-1774	172	24	the	the	DET
fueconorg-1774	172	25	eurosystem	eurosystem	NOUN
fueconorg-1774	172	26	,	,	PUNCT
fueconorg-1774	172	27	where	where	SCONJ
fueconorg-1774	172	28	the	the	DET
fueconorg-1774	172	29	national	national	ADJ
fueconorg-1774	172	30	central	central	ADJ
fueconorg-1774	172	31	banks	bank	NOUN
fueconorg-1774	172	32	decide	decide	VERB
fueconorg-1774	172	33	in	in	ADP
fueconorg-1774	172	34	case	case	NOUN
fueconorg-1774	172	35	of	of	ADP
fueconorg-1774	172	36	bankruptcy	bankruptcy	NOUN
fueconorg-1774	172	37	of	of	ADP
fueconorg-1774	172	38	an	an	DET
fueconorg-1774	172	39	institution	institution	NOUN
fueconorg-1774	172	40	.	.	PUNCT
fueconorg-1774	173	1	the	the	DET
fueconorg-1774	173	2	lack	lack	NOUN
fueconorg-1774	173	3	of	of	ADP
fueconorg-1774	173	4	uniform	uniform	ADJ
fueconorg-1774	173	5	measures	measure	NOUN
fueconorg-1774	173	6	,	,	PUNCT
fueconorg-1774	173	7	and	and	CCONJ
fueconorg-1774	173	8	procedures	procedure	NOUN
fueconorg-1774	173	9	that	that	PRON
fueconorg-1774	173	10	supervisors	supervisor	NOUN
fueconorg-1774	173	11	in	in	ADP
fueconorg-1774	173	12	the	the	DET
fueconorg-1774	173	13	eu	eu	PROPN
fueconorg-1774	173	14	apply	apply	VERB
fueconorg-1774	173	15	,	,	PUNCT
fueconorg-1774	173	16	caused	cause	VERB
fueconorg-1774	173	17	the	the	DET
fueconorg-1774	173	18	convergence	convergence	NOUN
fueconorg-1774	173	19	of	of	ADP
fueconorg-1774	173	20	supervisory	supervisory	ADJ
fueconorg-1774	173	21	practices	practice	NOUN
fueconorg-1774	173	22	.	.	PUNCT
fueconorg-1774	174	1	in	in	ADP
fueconorg-1774	174	2	order	order	NOUN
fueconorg-1774	174	3	to	to	PART
fueconorg-1774	174	4	achieve	achieve	VERB
fueconorg-1774	174	5	a	a	DET
fueconorg-1774	174	6	higher	high	ADJ
fueconorg-1774	174	7	level	level	NOUN
fueconorg-1774	174	8	of	of	ADP
fueconorg-1774	174	9	integration	integration	NOUN
fueconorg-1774	174	10	and	and	CCONJ
fueconorg-1774	174	11	coordination	coordination	NOUN
fueconorg-1774	174	12	between	between	ADP
fueconorg-1774	174	13	national	national	ADJ
fueconorg-1774	174	14	supervisory	supervisory	ADJ
fueconorg-1774	174	15	authorities	authority	NOUN
fueconorg-1774	174	16	,	,	PUNCT
fueconorg-1774	174	17	the	the	DET
fueconorg-1774	174	18	european	european	PROPN
fueconorg-1774	174	19	commission	commission	PROPN
fueconorg-1774	174	20	in	in	ADP
fueconorg-1774	174	21	late	late	ADJ
fueconorg-1774	174	22	2008	2008	NUM
fueconorg-1774	174	23	organized	organize	VERB
fueconorg-1774	174	24	a	a	DET
fueconorg-1774	174	25	group	group	NOUN
fueconorg-1774	174	26	of	of	ADP
fueconorg-1774	174	27	experts	expert	NOUN
fueconorg-1774	174	28	(	(	PUNCT
fueconorg-1774	174	29	de	de	X
fueconorg-1774	174	30	larosière	larosière	NOUN
fueconorg-1774	174	31	group	group	NOUN
fueconorg-1774	174	32	)	)	PUNCT
fueconorg-1774	174	33	under	under	ADP
fueconorg-1774	174	34	the	the	DET
fueconorg-1774	174	35	direction	direction	NOUN
fueconorg-1774	174	36	of	of	ADP
fueconorg-1774	174	37	jacques	jacques	PROPN
fueconorg-1774	174	38	larosière	larosière	PROPN
fueconorg-1774	174	39	,	,	PUNCT
fueconorg-1774	174	40	whose	whose	DET
fueconorg-1774	174	41	task	task	NOUN
fueconorg-1774	174	42	was	be	AUX
fueconorg-1774	174	43	to	to	PART
fueconorg-1774	174	44	build	build	VERB
fueconorg-1774	174	45	new	new	ADJ
fueconorg-1774	174	46	infrastructure	infrastructure	NOUN
fueconorg-1774	174	47	functions	function	NOUN
fueconorg-1774	174	48	of	of	ADP
fueconorg-1774	174	49	supervision	supervision	NOUN
fueconorg-1774	174	50	of	of	ADP
fueconorg-1774	174	51	the	the	DET
fueconorg-1774	174	52	financial	financial	ADJ
fueconorg-1774	174	53	services	service	NOUN
fueconorg-1774	174	54	sector	sector	NOUN
fueconorg-1774	174	55	(	(	PUNCT
fueconorg-1774	174	56	the	the	DET
fueconorg-1774	174	57	de	de	PROPN
fueconorg-1774	174	58	larosière	larosière	PROPN
fueconorg-1774	174	59	group	group	NOUN
fueconorg-1774	174	60	,	,	PUNCT
fueconorg-1774	174	61	2009	2009	NUM
fueconorg-1774	174	62	)	)	PUNCT
fueconorg-1774	174	63	.	.	PUNCT
fueconorg-1774	175	1	the	the	DET
fueconorg-1774	175	2	reform	reform	NOUN
fueconorg-1774	175	3	divided	divide	VERB
fueconorg-1774	175	4	supervision	supervision	NOUN
fueconorg-1774	175	5	in	in	ADP
fueconorg-1774	175	6	two	two	NUM
fueconorg-1774	175	7	levels	level	NOUN
fueconorg-1774	175	8	:	:	PUNCT
fueconorg-1774	175	9	supervision	supervision	NOUN
fueconorg-1774	175	10	at	at	ADP
fueconorg-1774	175	11	the	the	DET
fueconorg-1774	175	12	macro	macro	ADJ
fueconorg-1774	175	13	level	level	NOUN
fueconorg-1774	175	14	,	,	PUNCT
fueconorg-1774	175	15	assigned	assign	VERB
fueconorg-1774	175	16	to	to	ADP
fueconorg-1774	175	17	the	the	DET
fueconorg-1774	175	18	european	european	ADJ
fueconorg-1774	175	19	systemic	systemic	ADJ
fueconorg-1774	175	20	risk	risk	NOUN
fueconorg-1774	175	21	board	board	NOUN
fueconorg-1774	175	22	(	(	PUNCT
fueconorg-1774	175	23	european	european	ADJ
fueconorg-1774	175	24	systemic	systemic	ADJ
fueconorg-1774	175	25	risk	risk	NOUN
fueconorg-1774	175	26	board	board	PROPN
fueconorg-1774	175	27	,	,	PUNCT
fueconorg-1774	175	28	esrb	esrb	PROPN
fueconorg-1774	175	29	)	)	PUNCT
fueconorg-1774	175	30	and	and	CCONJ
fueconorg-1774	175	31	supervision	supervision	NOUN
fueconorg-1774	175	32	at	at	ADP
fueconorg-1774	175	33	the	the	DET
fueconorg-1774	175	34	micro	micro	ADJ
fueconorg-1774	175	35	level	level	NOUN
fueconorg-1774	175	36	,	,	PUNCT
fueconorg-1774	175	37	assigned	assign	VERB
fueconorg-1774	175	38	to	to	ADP
fueconorg-1774	175	39	the	the	DET
fueconorg-1774	175	40	european	european	ADJ
fueconorg-1774	175	41	system	system	NOUN
fueconorg-1774	175	42	of	of	ADP
fueconorg-1774	175	43	financial	financial	ADJ
fueconorg-1774	175	44	supervisors	supervisor	NOUN
fueconorg-1774	175	45	(	(	PUNCT
fueconorg-1774	175	46	european	european	ADJ
fueconorg-1774	175	47	system	system	NOUN
fueconorg-1774	175	48	of	of	ADP
fueconorg-1774	175	49	financial	financial	ADJ
fueconorg-1774	175	50	supervision	supervision	NOUN
fueconorg-1774	175	51	,	,	PUNCT
fueconorg-1774	175	52	esfs	esfs	PROPN
fueconorg-1774	175	53	)	)	PUNCT
fueconorg-1774	175	54	,	,	PUNCT
fueconorg-1774	175	55	consisting	consist	VERB
fueconorg-1774	175	56	of	of	ADP
fueconorg-1774	175	57	national	national	ADJ
fueconorg-1774	175	58	supervisors	supervisor	NOUN
fueconorg-1774	175	59	and	and	CCONJ
fueconorg-1774	175	60	three	three	NUM
fueconorg-1774	175	61	new	new	ADJ
fueconorg-1774	175	62	european	european	ADJ
fueconorg-1774	175	63	supervisory	supervisory	ADJ
fueconorg-1774	175	64	authorities	authority	NOUN
fueconorg-1774	175	65	:	:	PUNCT
fueconorg-1774	175	66	(	(	PUNCT
fueconorg-1774	175	67	european	european	ADJ
fueconorg-1774	175	68	supervisory	supervisory	ADJ
fueconorg-1774	175	69	authorities	authority	NOUN
fueconorg-1774	175	70	,	,	PUNCT
fueconorg-1774	175	71	esas	esas	PROPN
fueconorg-1774	175	72	)	)	PUNCT
fueconorg-1774	175	73	banking	banking	NOUN
fueconorg-1774	175	74	(	(	PUNCT
fueconorg-1774	175	75	the	the	DET
fueconorg-1774	175	76	european	european	PROPN
fueconorg-1774	175	77	banking	banking	PROPN
fueconorg-1774	175	78	authority	authority	NOUN
fueconorg-1774	175	79	,	,	PUNCT
fueconorg-1774	175	80	eba	eba	PROPN
fueconorg-1774	175	81	)	)	PUNCT
fueconorg-1774	175	82	;	;	PUNCT
fueconorg-1774	175	83	securities	security	NOUN
fueconorg-1774	175	84	and	and	CCONJ
fueconorg-1774	175	85	markets	market	NOUN
fueconorg-1774	175	86	(	(	PUNCT
fueconorg-1774	175	87	the	the	DET
fueconorg-1774	175	88	european	european	PROPN
fueconorg-1774	175	89	securities	securities	PROPN
fueconorg-1774	175	90	and	and	CCONJ
fueconorg-1774	175	91	markets	market	NOUN
fueconorg-1774	175	92	authority	authority	NOUN
fueconorg-1774	175	93	,	,	PUNCT
fueconorg-1774	175	94	esma	esma	PROPN
fueconorg-1774	175	95	)	)	PUNCT
fueconorg-1774	175	96	and	and	CCONJ
fueconorg-1774	175	97	insurance	insurance	NOUN
fueconorg-1774	175	98	companies	company	NOUN
fueconorg-1774	175	99	and	and	CCONJ
fueconorg-1774	175	100	pension	pension	NOUN
fueconorg-1774	175	101	funds	fund	NOUN
fueconorg-1774	175	102	(	(	PUNCT
fueconorg-1774	175	103	the	the	DET
fueconorg-1774	175	104	european	european	PROPN
fueconorg-1774	175	105	insurance	insurance	PROPN
fueconorg-1774	175	106	and	and	CCONJ
fueconorg-1774	175	107	occupational	occupational	ADJ
fueconorg-1774	175	108	pensions	pension	NOUN
fueconorg-1774	175	109	authority	authority	NOUN
fueconorg-1774	175	110	,	,	PUNCT
fueconorg-1774	175	111	eiopa	eiopa	ADJ
fueconorg-1774	175	112	)	)	PUNCT
fueconorg-1774	175	113	.	.	PUNCT
fueconorg-1774	176	1	european	european	ADJ
fueconorg-1774	176	2	systemic	systemic	ADJ
fueconorg-1774	176	3	risk	risk	NOUN
fueconorg-1774	176	4	board	board	NOUN
fueconorg-1774	176	5	has	have	AUX
fueconorg-1774	176	6	been	be	AUX
fueconorg-1774	176	7	established	establish	VERB
fueconorg-1774	176	8	in	in	ADP
fueconorg-1774	176	9	order	order	NOUN
fueconorg-1774	176	10	to	to	PART
fueconorg-1774	176	11	coordinate	coordinate	VERB
fueconorg-1774	176	12	macroprudential	macroprudential	ADJ
fueconorg-1774	176	13	policies	policy	NOUN
fueconorg-1774	176	14	,	,	PUNCT
fueconorg-1774	176	15	as	as	ADP
fueconorg-1774	176	16	a	a	DET
fueconorg-1774	176	17	supranational	supranational	ADJ
fueconorg-1774	176	18	consultative	consultative	ADJ
fueconorg-1774	176	19	body	body	NOUN
fueconorg-1774	176	20	whose	whose	DET
fueconorg-1774	176	21	main	main	ADJ
fueconorg-1774	176	22	task	task	NOUN
fueconorg-1774	176	23	is	be	AUX
fueconorg-1774	176	24	to	to	PART
fueconorg-1774	176	25	send	send	VERB
fueconorg-1774	176	26	esfs	esfs	ADJ
fueconorg-1774	176	27	early	early	ADJ
fueconorg-1774	176	28	signals	signal	NOUN
fueconorg-1774	176	29	about	about	ADP
fueconorg-1774	176	30	the	the	DET
fueconorg-1774	176	31	possible	possible	ADJ
fueconorg-1774	176	32	existence	existence	NOUN
fueconorg-1774	176	33	of	of	ADP
fueconorg-1774	176	34	systemic	systemic	ADJ
fueconorg-1774	176	35	risk	risk	NOUN
fueconorg-1774	176	36	and	and	CCONJ
fueconorg-1774	176	37	the	the	DET
fueconorg-1774	176	38	need	need	NOUN
fueconorg-1774	176	39	for	for	ADP
fueconorg-1774	176	40	the	the	DET
fueconorg-1774	176	41	intensive	intensive	ADJ
fueconorg-1774	176	42	supervision	supervision	NOUN
fueconorg-1774	176	43	.	.	PUNCT
fueconorg-1774	177	1	the	the	DET
fueconorg-1774	177	2	way	way	NOUN
fueconorg-1774	177	3	micro	micro	NOUN
fueconorg-1774	177	4	-	-	NOUN
fueconorg-1774	177	5	supervision	supervision	NOUN
fueconorg-1774	177	6	is	be	AUX
fueconorg-1774	177	7	organized	organize	VERB
fueconorg-1774	177	8	is	be	AUX
fueconorg-1774	177	9	that	that	SCONJ
fueconorg-1774	177	10	every	every	DET
fueconorg-1774	177	11	financial	financial	ADJ
fueconorg-1774	177	12	services	service	NOUN
fueconorg-1774	177	13	sector	sector	NOUN
fueconorg-1774	177	14	is	be	AUX
fueconorg-1774	177	15	regulated	regulate	VERB
fueconorg-1774	177	16	by	by	ADP
fueconorg-1774	177	17	a	a	DET
fueconorg-1774	177	18	separate	separate	ADJ
fueconorg-1774	177	19	body	body	NOUN
fueconorg-1774	177	20	.	.	PUNCT
fueconorg-1774	178	1	there	there	PRON
fueconorg-1774	178	2	are	be	VERB
fueconorg-1774	178	3	national	national	ADJ
fueconorg-1774	178	4	regulators	regulator	NOUN
fueconorg-1774	178	5	for	for	ADP
fueconorg-1774	178	6	all	all	DET
fueconorg-1774	178	7	three	three	NUM
fueconorg-1774	178	8	sectors	sector	NOUN
fueconorg-1774	178	9	separately	separately	ADV
fueconorg-1774	178	10	at	at	ADP
fueconorg-1774	178	11	the	the	DET
fueconorg-1774	178	12	bottom	bottom	NOUN
fueconorg-1774	178	13	of	of	ADP
fueconorg-1774	178	14	the	the	DET
fueconorg-1774	178	15	european	european	ADJ
fueconorg-1774	178	16	supervisory	supervisory	ADJ
fueconorg-1774	178	17	infrastructure	infrastructure	NOUN
fueconorg-1774	178	18	.	.	PUNCT
fueconorg-1774	179	1	as	as	SCONJ
fueconorg-1774	179	2	it	it	PRON
fueconorg-1774	179	3	can	can	AUX
fueconorg-1774	179	4	be	be	AUX
fueconorg-1774	179	5	noted	note	VERB
fueconorg-1774	179	6	,	,	PUNCT
fueconorg-1774	179	7	here	here	ADV
fueconorg-1774	179	8	we	we	PRON
fueconorg-1774	179	9	have	have	VERB
fueconorg-1774	179	10	a	a	DET
fueconorg-1774	179	11	vertical	vertical	ADJ
fueconorg-1774	179	12	model	model	NOUN
fueconorg-1774	179	13	of	of	ADP
fueconorg-1774	179	14	supervision	supervision	NOUN
fueconorg-1774	179	15	where	where	SCONJ
fueconorg-1774	179	16	each	each	DET
fueconorg-1774	179	17	sector	sector	NOUN
fueconorg-1774	179	18	is	be	AUX
fueconorg-1774	179	19	regulated	regulate	VERB
fueconorg-1774	179	20	by	by	ADP
fueconorg-1774	179	21	a	a	DET
fueconorg-1774	179	22	separate	separate	ADJ
fueconorg-1774	179	23	body	body	NOUN
fueconorg-1774	179	24	.	.	PUNCT
fueconorg-1774	180	1	with	with	ADP
fueconorg-1774	180	2	the	the	DET
fueconorg-1774	180	3	new	new	ADJ
fueconorg-1774	180	4	institutional	institutional	ADJ
fueconorg-1774	180	5	framework	framework	NOUN
fueconorg-1774	180	6	,	,	PUNCT
fueconorg-1774	180	7	the	the	DET
fueconorg-1774	180	8	ecb	ecb	NOUN
fueconorg-1774	180	9	has	have	AUX
fueconorg-1774	180	10	taken	take	VERB
fueconorg-1774	180	11	a	a	DET
fueconorg-1774	180	12	key	key	ADJ
fueconorg-1774	180	13	role	role	NOUN
fueconorg-1774	180	14	in	in	ADP
fueconorg-1774	180	15	the	the	DET
fueconorg-1774	180	16	european	european	ADJ
fueconorg-1774	180	17	systemic	systemic	ADJ
fueconorg-1774	180	18	risk	risk	NOUN
fueconorg-1774	180	19	board	board	NOUN
fueconorg-1774	180	20	as	as	ADP
fueconorg-1774	180	21	a	a	DET
fueconorg-1774	180	22	macro	macro	NOUN
fueconorg-1774	180	23	-	-	NOUN
fueconorg-1774	180	24	supervisor	supervisor	NOUN
fueconorg-1774	180	25	,	,	PUNCT
fueconorg-1774	180	26	whereas	whereas	SCONJ
fueconorg-1774	180	27	micro	micro	NOUN
fueconorg-1774	180	28	-	-	NOUN
fueconorg-1774	180	29	supervision	supervision	NOUN
fueconorg-1774	180	30	has	have	AUX
fueconorg-1774	180	31	remained	remain	VERB
fueconorg-1774	180	32	within	within	ADP
fueconorg-1774	180	33	the	the	DET
fueconorg-1774	180	34	competence	competence	NOUN
fueconorg-1774	180	35	of	of	ADP
fueconorg-1774	180	36	national	national	ADJ
fueconorg-1774	180	37	supervisors	supervisor	NOUN
fueconorg-1774	180	38	of	of	ADP
fueconorg-1774	180	39	the	the	DET
fueconorg-1774	180	40	member	member	NOUN
fueconorg-1774	180	41	states	state	NOUN
fueconorg-1774	180	42	.	.	PUNCT
fueconorg-1774	181	1	in	in	ADP
fueconorg-1774	181	2	addition	addition	NOUN
fueconorg-1774	181	3	,	,	PUNCT
fueconorg-1774	181	4	an	an	DET
fueconorg-1774	181	5	authority	authority	NOUN
fueconorg-1774	181	6	for	for	ADP
fueconorg-1774	181	7	macroprudential	macroprudential	ADJ
fueconorg-1774	181	8	issues	issue	NOUN
fueconorg-1774	181	9	at	at	ADP
fueconorg-1774	181	10	the	the	DET
fueconorg-1774	181	11	national	national	ADJ
fueconorg-1774	181	12	level	level	NOUN
fueconorg-1774	181	13	has	have	AUX
fueconorg-1774	181	14	been	be	AUX
fueconorg-1774	181	15	formed	form	VERB
fueconorg-1774	181	16	at	at	ADP
fueconorg-1774	181	17	the	the	DET
fueconorg-1774	181	18	central	central	ADJ
fueconorg-1774	181	19	bank	bank	NOUN
fueconorg-1774	181	20	or	or	CCONJ
fueconorg-1774	181	21	at	at	ADP
fueconorg-1774	181	22	the	the	DET
fueconorg-1774	181	23	supervisory	supervisory	ADJ
fueconorg-1774	181	24	authority	authority	NOUN
fueconorg-1774	181	25	.	.	PUNCT
fueconorg-1774	182	1	in	in	ADP
fueconorg-1774	182	2	this	this	DET
fueconorg-1774	182	3	way	way	NOUN
fueconorg-1774	182	4	,	,	PUNCT
fueconorg-1774	182	5	a	a	DET
fueconorg-1774	182	6	jurisdiction	jurisdiction	NOUN
fueconorg-1774	182	7	in	in	ADP
fueconorg-1774	182	8	macroprudential	macroprudential	ADJ
fueconorg-1774	182	9	policies	policy	NOUN
fueconorg-1774	182	10	has	have	AUX
fueconorg-1774	182	11	been	be	AUX
fueconorg-1774	182	12	divided	divide	VERB
fueconorg-1774	182	13	between	between	ADP
fueconorg-1774	182	14	those	those	DET
fueconorg-1774	182	15	newly	newly	ADV
fueconorg-1774	182	16	formed	form	VERB
fueconorg-1774	182	17	authorities	authority	NOUN
fueconorg-1774	182	18	and	and	CCONJ
fueconorg-1774	182	19	ecb	ecb	PROPN
fueconorg-1774	182	20	.	.	PUNCT
fueconorg-1774	183	1	in	in	ADP
fueconorg-1774	183	2	such	such	ADJ
fueconorg-1774	183	3	macroprudential	macroprudential	ADJ
fueconorg-1774	183	4	framework	framework	NOUN
fueconorg-1774	183	5	,	,	PUNCT
fueconorg-1774	183	6	the	the	DET
fueconorg-1774	183	7	ecb	ecb	NOUN
fueconorg-1774	183	8	has	have	VERB
fueconorg-1774	183	9	the	the	DET
fueconorg-1774	183	10	right	right	NOUN
fueconorg-1774	183	11	to	to	PART
fueconorg-1774	183	12	define	define	VERB
fueconorg-1774	183	13	more	more	ADV
fueconorg-1774	183	14	severe	severe	ADJ
fueconorg-1774	183	15	requirements	requirement	NOUN
fueconorg-1774	183	16	for	for	ADP
fueconorg-1774	183	17	macroprudential	macroprudential	ADJ
fueconorg-1774	183	18	instruments	instrument	NOUN
fueconorg-1774	183	19	in	in	ADP
fueconorg-1774	183	20	comparison	comparison	NOUN
fueconorg-1774	183	21	to	to	ADP
fueconorg-1774	183	22	those	those	PRON
fueconorg-1774	183	23	already	already	ADV
fueconorg-1774	183	24	defined	define	VERB
fueconorg-1774	183	25	by	by	ADP
fueconorg-1774	183	26	national	national	ADJ
fueconorg-1774	183	27	supervisors	supervisor	NOUN
fueconorg-1774	183	28	(	(	PUNCT
fueconorg-1774	183	29	freystatter	freystatter	NOUN
fueconorg-1774	183	30	,	,	PUNCT
fueconorg-1774	183	31	2015	2015	NUM
fueconorg-1774	183	32	)	)	PUNCT
fueconorg-1774	183	33	.	.	PUNCT
fueconorg-1774	184	1	this	this	DET
fueconorg-1774	184	2	role	role	NOUN
fueconorg-1774	184	3	of	of	ADP
fueconorg-1774	184	4	the	the	DET
fueconorg-1774	184	5	ecb	ecb	NOUN
fueconorg-1774	184	6	in	in	ADP
fueconorg-1774	184	7	the	the	DET
fueconorg-1774	184	8	macroprudential	macroprudential	ADJ
fueconorg-1774	184	9	sphere	sphere	NOUN
fueconorg-1774	184	10	is	be	AUX
fueconorg-1774	184	11	partly	partly	ADV
fueconorg-1774	184	12	limited	limited	ADJ
fueconorg-1774	184	13	.	.	PUNCT
fueconorg-1774	185	1	namely	namely	ADV
fueconorg-1774	185	2	,	,	PUNCT
fueconorg-1774	185	3	it	it	PRON
fueconorg-1774	185	4	only	only	ADV
fueconorg-1774	185	5	refers	refer	VERB
fueconorg-1774	185	6	to	to	ADP
fueconorg-1774	185	7	macroprudential	macroprudential	ADJ
fueconorg-1774	185	8	instruments	instrument	NOUN
fueconorg-1774	185	9	that	that	PRON
fueconorg-1774	185	10	have	have	AUX
fueconorg-1774	185	11	been	be	AUX
fueconorg-1774	185	12	already	already	ADV
fueconorg-1774	185	13	defined	define	VERB
fueconorg-1774	185	14	at	at	ADP
fueconorg-1774	185	15	the	the	DET
fueconorg-1774	185	16	national	national	ADJ
fueconorg-1774	185	17	level	level	NOUN
fueconorg-1774	185	18	,	,	PUNCT
fueconorg-1774	185	19	and	and	CCONJ
fueconorg-1774	185	20	which	which	PRON
fueconorg-1774	185	21	are	be	AUX
fueconorg-1774	185	22	at	at	ADP
fueconorg-1774	185	23	the	the	DET
fueconorg-1774	185	24	same	same	ADJ
fueconorg-1774	185	25	time	time	NOUN
fueconorg-1774	185	26	part	part	NOUN
fueconorg-1774	185	27	of	of	ADP
fueconorg-1774	185	28	the	the	DET
fueconorg-1774	185	29	ecb	ecb	NOUN
fueconorg-1774	185	30	;	;	PUNCT
fueconorg-1774	185	31	its	its	PRON
fueconorg-1774	185	32	power	power	NOUN
fueconorg-1774	185	33	is	be	AUX
fueconorg-1774	185	34	asymmetrical	asymmetrical	ADJ
fueconorg-1774	185	35	,	,	PUNCT
fueconorg-1774	185	36	given	give	VERB
fueconorg-1774	185	37	that	that	SCONJ
fueconorg-1774	185	38	there	there	PRON
fueconorg-1774	185	39	is	be	VERB
fueconorg-1774	185	40	no	no	DET
fueconorg-1774	185	41	possibility	possibility	NOUN
fueconorg-1774	185	42	to	to	PART
fueconorg-1774	185	43	prescribe	prescribe	VERB
fueconorg-1774	185	44	more	more	ADJ
fueconorg-1774	185	45	lenient	lenient	ADJ
fueconorg-1774	185	46	requirements	requirement	NOUN
fueconorg-1774	185	47	,	,	PUNCT
fueconorg-1774	185	48	and	and	CCONJ
fueconorg-1774	185	49	a	a	DET
fueconorg-1774	185	50	problem	problem	NOUN
fueconorg-1774	185	51	of	of	ADP
fueconorg-1774	185	52	coordination	coordination	NOUN
fueconorg-1774	185	53	can	can	AUX
fueconorg-1774	185	54	occur	occur	VERB
fueconorg-1774	185	55	,	,	PUNCT
fueconorg-1774	185	56	considering	consider	VERB
fueconorg-1774	185	57	that	that	SCONJ
fueconorg-1774	185	58	ecb	ecb	PROPN
fueconorg-1774	185	59	shares	share	VERB
fueconorg-1774	185	60	its	its	PRON
fueconorg-1774	185	61	responsibility	responsibility	NOUN
fueconorg-1774	185	62	with	with	ADP
fueconorg-1774	185	63	national	national	ADJ
fueconorg-1774	185	64	authorities	authority	NOUN
fueconorg-1774	185	65	.	.	PUNCT
fueconorg-1774	186	1	the	the	DET
fueconorg-1774	186	2	new	new	ADJ
fueconorg-1774	186	3	institutional	institutional	ADJ
fueconorg-1774	186	4	framework	framework	NOUN
fueconorg-1774	186	5	of	of	ADP
fueconorg-1774	186	6	the	the	DET
fueconorg-1774	186	7	macroprudential	macroprudential	ADJ
fueconorg-1774	186	8	policy	policy	NOUN
fueconorg-1774	186	9	in	in	ADP
fueconorg-1774	186	10	the	the	DET
fueconorg-1774	186	11	eurozone	eurozone	NOUN
fueconorg-1774	186	12	can	can	AUX
fueconorg-1774	186	13	not	not	PART
fueconorg-1774	186	14	be	be	AUX
fueconorg-1774	186	15	fully	fully	ADV
fueconorg-1774	186	16	identified	identify	VERB
fueconorg-1774	186	17	with	with	ADP
fueconorg-1774	186	18	leaning	lean	VERB
fueconorg-1774	186	19	-	-	PUNCT
fueconorg-1774	186	20	against	against	ADP
fueconorg-1774	186	21	-	-	PUNCT
fueconorg-1774	186	22	the	the	DET
fueconorg-1774	186	23	-	-	PUNCT
fueconorg-1774	186	24	wind	wind	NOUN
fueconorg-1774	186	25	approach	approach	NOUN
fueconorg-1774	186	26	.	.	PUNCT
fueconorg-1774	187	1	national	national	ADJ
fueconorg-1774	187	2	macroprudential	macroprudential	ADJ
fueconorg-1774	187	3	the	the	DET
fueconorg-1774	187	4	role	role	NOUN
fueconorg-1774	187	5	of	of	ADP
fueconorg-1774	187	6	monetary	monetary	ADJ
fueconorg-1774	187	7	and	and	CCONJ
fueconorg-1774	187	8	macroprudential	macroprudential	ADJ
fueconorg-1774	187	9	policies	policy	NOUN
fueconorg-1774	187	10	in	in	ADP
fueconorg-1774	187	11	pursuit	pursuit	NOUN
fueconorg-1774	187	12	of	of	ADP
fueconorg-1774	187	13	financial	financial	ADJ
fueconorg-1774	187	14	stability	stability	NOUN
fueconorg-1774	187	15	141	141	NUM
fueconorg-1774	187	16	authorities	authority	NOUN
fueconorg-1774	187	17	are	be	AUX
fueconorg-1774	187	18	the	the	DET
fueconorg-1774	187	19	first	first	ADJ
fueconorg-1774	187	20	ones	one	NOUN
fueconorg-1774	187	21	responsible	responsible	ADJ
fueconorg-1774	187	22	for	for	ADP
fueconorg-1774	187	23	maintaining	maintain	VERB
fueconorg-1774	187	24	financial	financial	ADJ
fueconorg-1774	187	25	stability	stability	NOUN
fueconorg-1774	187	26	,	,	PUNCT
fueconorg-1774	187	27	and	and	CCONJ
fueconorg-1774	187	28	they	they	PRON
fueconorg-1774	187	29	are	be	AUX
fueconorg-1774	187	30	trying	try	VERB
fueconorg-1774	187	31	to	to	PART
fueconorg-1774	187	32	use	use	VERB
fueconorg-1774	187	33	monetary	monetary	ADJ
fueconorg-1774	187	34	policy	policy	NOUN
fueconorg-1774	187	35	as	as	ADV
fueconorg-1774	187	36	little	little	ADJ
fueconorg-1774	187	37	as	as	ADP
fueconorg-1774	187	38	possible	possible	ADJ
fueconorg-1774	187	39	for	for	ADP
fueconorg-1774	187	40	the	the	DET
fueconorg-1774	187	41	purposes	purpose	NOUN
fueconorg-1774	187	42	of	of	ADP
fueconorg-1774	187	43	preserving	preserve	VERB
fueconorg-1774	187	44	financial	financial	ADJ
fueconorg-1774	187	45	stability	stability	NOUN
fueconorg-1774	187	46	.	.	PUNCT
fueconorg-1774	188	1	however	however	ADV
fueconorg-1774	188	2	,	,	PUNCT
fueconorg-1774	188	3	underdevelopment	underdevelopment	ADJ
fueconorg-1774	188	4	and	and	CCONJ
fueconorg-1774	188	5	lack	lack	NOUN
fueconorg-1774	188	6	of	of	ADP
fueconorg-1774	188	7	experience	experience	NOUN
fueconorg-1774	188	8	in	in	ADP
fueconorg-1774	188	9	using	use	VERB
fueconorg-1774	188	10	macroprudential	macroprudential	ADJ
fueconorg-1774	188	11	instruments	instrument	NOUN
fueconorg-1774	188	12	have	have	AUX
fueconorg-1774	188	13	caused	cause	VERB
fueconorg-1774	188	14	that	that	SCONJ
fueconorg-1774	188	15	monetary	monetary	ADJ
fueconorg-1774	188	16	policy	policy	NOUN
fueconorg-1774	188	17	does	do	AUX
fueconorg-1774	188	18	take	take	VERB
fueconorg-1774	188	19	its	its	PRON
fueconorg-1774	188	20	stake	stake	NOUN
fueconorg-1774	188	21	in	in	ADP
fueconorg-1774	188	22	preserving	preserve	VERB
fueconorg-1774	188	23	financial	financial	ADJ
fueconorg-1774	188	24	stability	stability	NOUN
fueconorg-1774	188	25	.	.	PUNCT
fueconorg-1774	189	1	the	the	DET
fueconorg-1774	189	2	financial	financial	ADJ
fueconorg-1774	189	3	crisis	crisis	NOUN
fueconorg-1774	189	4	in	in	ADP
fueconorg-1774	189	5	the	the	DET
fueconorg-1774	189	6	eurozone	eurozone	NOUN
fueconorg-1774	189	7	has	have	AUX
fueconorg-1774	189	8	clearly	clearly	ADV
fueconorg-1774	189	9	shown	show	VERB
fueconorg-1774	189	10	that	that	SCONJ
fueconorg-1774	189	11	in	in	ADP
fueconorg-1774	189	12	countries	country	NOUN
fueconorg-1774	189	13	that	that	PRON
fueconorg-1774	189	14	share	share	VERB
fueconorg-1774	189	15	single	single	ADJ
fueconorg-1774	189	16	currency	currency	NOUN
fueconorg-1774	189	17	,	,	PUNCT
fueconorg-1774	189	18	there	there	PRON
fueconorg-1774	189	19	is	be	VERB
fueconorg-1774	189	20	a	a	DET
fueconorg-1774	189	21	need	need	NOUN
fueconorg-1774	189	22	to	to	PART
fueconorg-1774	189	23	centralize	centralize	VERB
fueconorg-1774	189	24	the	the	DET
fueconorg-1774	189	25	rules	rule	NOUN
fueconorg-1774	189	26	governing	govern	VERB
fueconorg-1774	189	27	banks	bank	NOUN
fueconorg-1774	189	28	,	,	PUNCT
fueconorg-1774	189	29	especially	especially	ADV
fueconorg-1774	189	30	due	due	ADP
fueconorg-1774	189	31	to	to	ADP
fueconorg-1774	189	32	the	the	DET
fueconorg-1774	189	33	extreme	extreme	ADJ
fueconorg-1774	189	34	relationship	relationship	NOUN
fueconorg-1774	189	35	of	of	ADP
fueconorg-1774	189	36	countries	country	NOUN
fueconorg-1774	189	37	and	and	CCONJ
fueconorg-1774	189	38	their	their	PRON
fueconorg-1774	189	39	banking	banking	NOUN
fueconorg-1774	189	40	systems	system	NOUN
fueconorg-1774	189	41	.	.	PUNCT
fueconorg-1774	190	1	banking	banking	NOUN
fueconorg-1774	190	2	union	union	PROPN
fueconorg-1774	190	3	emerged	emerge	VERB
fueconorg-1774	190	4	as	as	ADP
fueconorg-1774	190	5	a	a	DET
fueconorg-1774	190	6	possible	possible	ADJ
fueconorg-1774	190	7	solution	solution	NOUN
fueconorg-1774	190	8	to	to	ADP
fueconorg-1774	190	9	this	this	DET
fueconorg-1774	190	10	problem	problem	NOUN
fueconorg-1774	190	11	.	.	PUNCT
fueconorg-1774	191	1	in	in	ADP
fueconorg-1774	191	2	june	june	PROPN
fueconorg-1774	191	3	2012	2012	NUM
fueconorg-1774	191	4	there	there	PRON
fueconorg-1774	191	5	was	be	VERB
fueconorg-1774	191	6	an	an	DET
fueconorg-1774	191	7	initiative	initiative	NOUN
fueconorg-1774	191	8	for	for	ADP
fueconorg-1774	191	9	the	the	DET
fueconorg-1774	191	10	establishment	establishment	NOUN
fueconorg-1774	191	11	of	of	ADP
fueconorg-1774	191	12	a	a	DET
fueconorg-1774	191	13	banking	banking	NOUN
fueconorg-1774	191	14	union	union	NOUN
fueconorg-1774	191	15	,	,	PUNCT
fueconorg-1774	191	16	which	which	PRON
fueconorg-1774	191	17	would	would	AUX
fueconorg-1774	191	18	centralize	centralize	VERB
fueconorg-1774	191	19	supervision	supervision	NOUN
fueconorg-1774	191	20	(	(	PUNCT
fueconorg-1774	191	21	the	the	DET
fueconorg-1774	191	22	single	single	ADJ
fueconorg-1774	191	23	supervisory	supervisory	ADJ
fueconorg-1774	191	24	mechanism	mechanism	NOUN
fueconorg-1774	191	25	,	,	PUNCT
fueconorg-1774	191	26	ssm	ssm	PROPN
fueconorg-1774	191	27	)	)	PUNCT
fueconorg-1774	191	28	,	,	PUNCT
fueconorg-1774	191	29	restructuring	restructure	VERB
fueconorg-1774	191	30	policy	policy	NOUN
fueconorg-1774	191	31	(	(	PUNCT
fueconorg-1774	191	32	the	the	DET
fueconorg-1774	191	33	single	single	ADJ
fueconorg-1774	191	34	resolution	resolution	NOUN
fueconorg-1774	191	35	mechanism	mechanism	NOUN
fueconorg-1774	191	36	,	,	PUNCT
fueconorg-1774	191	37	srm	srm	NOUN
fueconorg-1774	191	38	)	)	PUNCT
fueconorg-1774	191	39	and	and	CCONJ
fueconorg-1774	191	40	deposit	deposit	NOUN
fueconorg-1774	191	41	insurance	insurance	NOUN
fueconorg-1774	191	42	(	(	PUNCT
fueconorg-1774	191	43	the	the	DET
fueconorg-1774	191	44	european	european	PROPN
fueconorg-1774	191	45	deposit	deposit	PROPN
fueconorg-1774	191	46	insurance	insurance	NOUN
fueconorg-1774	191	47	scheme	scheme	NOUN
fueconorg-1774	191	48	,	,	PUNCT
fueconorg-1774	191	49	edis	edis	PROPN
fueconorg-1774	191	50	)	)	PUNCT
fueconorg-1774	191	51	.	.	PUNCT
fueconorg-1774	192	1	the	the	DET
fueconorg-1774	192	2	first	first	ADJ
fueconorg-1774	192	3	two	two	NUM
fueconorg-1774	192	4	pillars	pillar	NOUN
fueconorg-1774	192	5	of	of	ADP
fueconorg-1774	192	6	the	the	DET
fueconorg-1774	192	7	banking	banking	NOUN
fueconorg-1774	192	8	union	union	NOUN
fueconorg-1774	192	9	,	,	PUNCT
fueconorg-1774	192	10	ssm	ssm	PROPN
fueconorg-1774	192	11	and	and	CCONJ
fueconorg-1774	192	12	the	the	DET
fueconorg-1774	192	13	srm	srm	PROPN
fueconorg-1774	192	14	have	have	AUX
fueconorg-1774	192	15	already	already	ADV
fueconorg-1774	192	16	been	be	AUX
fueconorg-1774	192	17	established	establish	VERB
fueconorg-1774	192	18	,	,	PUNCT
fueconorg-1774	192	19	and	and	CCONJ
fueconorg-1774	192	20	the	the	DET
fueconorg-1774	192	21	proposal	proposal	NOUN
fueconorg-1774	192	22	for	for	ADP
fueconorg-1774	192	23	the	the	DET
fueconorg-1774	192	24	third	third	ADJ
fueconorg-1774	192	25	pillar	pillar	NOUN
fueconorg-1774	192	26	was	be	AUX
fueconorg-1774	192	27	accepted	accept	VERB
fueconorg-1774	192	28	for	for	ADP
fueconorg-1774	192	29	consideration	consideration	NOUN
fueconorg-1774	192	30	in	in	ADP
fueconorg-1774	192	31	november	november	PROPN
fueconorg-1774	192	32	2015	2015	NUM
fueconorg-1774	192	33	.	.	PUNCT
fueconorg-1774	193	1	banking	banking	NOUN
fueconorg-1774	193	2	union	union	NOUN
fueconorg-1774	193	3	is	be	AUX
fueconorg-1774	193	4	based	base	VERB
fueconorg-1774	193	5	on	on	ADP
fueconorg-1774	193	6	the	the	DET
fueconorg-1774	193	7	single	single	ADJ
fueconorg-1774	193	8	rule	rule	NOUN
fueconorg-1774	193	9	book	book	NOUN
fueconorg-1774	193	10	to	to	PART
fueconorg-1774	193	11	ensure	ensure	VERB
fueconorg-1774	193	12	equal	equal	ADJ
fueconorg-1774	193	13	conditions	condition	NOUN
fueconorg-1774	193	14	for	for	ADP
fueconorg-1774	193	15	business	business	NOUN
fueconorg-1774	193	16	institutions	institution	NOUN
fueconorg-1774	193	17	and	and	CCONJ
fueconorg-1774	193	18	the	the	DET
fueconorg-1774	193	19	functioning	functioning	NOUN
fueconorg-1774	193	20	of	of	ADP
fueconorg-1774	193	21	the	the	DET
fueconorg-1774	193	22	regulatory	regulatory	ADJ
fueconorg-1774	193	23	authorities	authority	NOUN
fueconorg-1774	193	24	,	,	PUNCT
fueconorg-1774	193	25	avoid	avoid	VERB
fueconorg-1774	193	26	national	national	ADJ
fueconorg-1774	193	27	regulatory	regulatory	ADJ
fueconorg-1774	193	28	authorities	authority	NOUN
fueconorg-1774	193	29	being	be	AUX
fueconorg-1774	193	30	bias	bias	NOUN
fueconorg-1774	193	31	,	,	PUNCT
fueconorg-1774	193	32	as	as	ADV
fueconorg-1774	193	33	well	well	ADV
fueconorg-1774	193	34	as	as	ADP
fueconorg-1774	193	35	problems	problem	NOUN
fueconorg-1774	193	36	of	of	ADP
fueconorg-1774	193	37	coordination	coordination	NOUN
fueconorg-1774	193	38	and	and	CCONJ
fueconorg-1774	193	39	cooperation	cooperation	NOUN
fueconorg-1774	193	40	,	,	PUNCT
fueconorg-1774	193	41	and	and	CCONJ
fueconorg-1774	193	42	at	at	ADP
fueconorg-1774	193	43	the	the	DET
fueconorg-1774	193	44	same	same	ADJ
fueconorg-1774	193	45	time	time	NOUN
fueconorg-1774	193	46	,	,	PUNCT
fueconorg-1774	193	47	preventing	prevent	VERB
fueconorg-1774	193	48	the	the	DET
fueconorg-1774	193	49	spillover	spillover	NOUN
fueconorg-1774	193	50	of	of	ADP
fueconorg-1774	193	51	problems	problem	NOUN
fueconorg-1774	193	52	from	from	ADP
fueconorg-1774	193	53	one	one	NUM
fueconorg-1774	193	54	country	country	NOUN
fueconorg-1774	193	55	to	to	ADP
fueconorg-1774	193	56	another	another	DET
fueconorg-1774	193	57	(	(	PUNCT
fueconorg-1774	193	58	gaspar	gaspar	PROPN
fueconorg-1774	193	59	&	&	CCONJ
fueconorg-1774	193	60	schinas	schinas	PROPN
fueconorg-1774	193	61	,	,	PUNCT
fueconorg-1774	193	62	2010	2010	NUM
fueconorg-1774	193	63	)	)	PUNCT
fueconorg-1774	193	64	.	.	PUNCT
fueconorg-1774	194	1	also	also	ADV
fueconorg-1774	194	2	,	,	PUNCT
fueconorg-1774	194	3	this	this	PRON
fueconorg-1774	194	4	helps	help	VERB
fueconorg-1774	194	5	preventing	prevent	VERB
fueconorg-1774	194	6	the	the	DET
fueconorg-1774	194	7	problems	problem	NOUN
fueconorg-1774	194	8	that	that	PRON
fueconorg-1774	194	9	occur	occur	VERB
fueconorg-1774	194	10	in	in	ADP
fueconorg-1774	194	11	the	the	DET
fueconorg-1774	194	12	banking	banking	NOUN
fueconorg-1774	194	13	sector	sector	NOUN
fueconorg-1774	194	14	to	to	PART
fueconorg-1774	194	15	affect	affect	VERB
fueconorg-1774	194	16	the	the	DET
fueconorg-1774	194	17	public	public	ADJ
fueconorg-1774	194	18	finances	finance	NOUN
fueconorg-1774	194	19	of	of	ADP
fueconorg-1774	194	20	the	the	DET
fueconorg-1774	194	21	national	national	ADJ
fueconorg-1774	194	22	economy	economy	NOUN
fueconorg-1774	194	23	,	,	PUNCT
fueconorg-1774	194	24	given	give	VERB
fueconorg-1774	194	25	that	that	SCONJ
fueconorg-1774	194	26	with	with	ADP
fueconorg-1774	194	27	the	the	DET
fueconorg-1774	194	28	new	new	ADJ
fueconorg-1774	194	29	approaches	approach	NOUN
fueconorg-1774	194	30	,	,	PUNCT
fueconorg-1774	194	31	socialization	socialization	NOUN
fueconorg-1774	194	32	of	of	ADP
fueconorg-1774	194	33	bank	bank	NOUN
fueconorg-1774	194	34	losses	loss	NOUN
fueconorg-1774	194	35	is	be	AUX
fueconorg-1774	194	36	forbidden	forbid	VERB
fueconorg-1774	194	37	.	.	PUNCT
fueconorg-1774	195	1	banking	banking	NOUN
fueconorg-1774	195	2	union	union	NOUN
fueconorg-1774	195	3	is	be	AUX
fueconorg-1774	195	4	required	require	VERB
fueconorg-1774	195	5	for	for	ADP
fueconorg-1774	195	6	the	the	DET
fueconorg-1774	195	7	emu	emu	PROPN
fueconorg-1774	195	8	member	member	NOUN
fueconorg-1774	195	9	countries	country	NOUN
fueconorg-1774	195	10	,	,	PUNCT
fueconorg-1774	195	11	(	(	PUNCT
fueconorg-1774	195	12	19	19	NUM
fueconorg-1774	195	13	countries	country	NOUN
fueconorg-1774	195	14	currently	currently	ADV
fueconorg-1774	195	15	)	)	PUNCT
fueconorg-1774	195	16	,	,	PUNCT
fueconorg-1774	195	17	while	while	SCONJ
fueconorg-1774	195	18	other	other	ADJ
fueconorg-1774	195	19	non	non	ADJ
fueconorg-1774	195	20	-	-	ADJ
fueconorg-1774	195	21	emu	emu	NOUN
fueconorg-1774	195	22	countries	country	NOUN
fueconorg-1774	195	23	can	can	AUX
fueconorg-1774	195	24	join	join	VERB
fueconorg-1774	195	25	the	the	DET
fueconorg-1774	195	26	banking	banking	NOUN
fueconorg-1774	195	27	union	union	NOUN
fueconorg-1774	195	28	if	if	SCONJ
fueconorg-1774	195	29	they	they	PRON
fueconorg-1774	195	30	wish	wish	VERB
fueconorg-1774	195	31	.	.	PUNCT
fueconorg-1774	196	1	of	of	ADP
fueconorg-1774	196	2	course	course	ADV
fueconorg-1774	196	3	,	,	PUNCT
fueconorg-1774	196	4	this	this	PRON
fueconorg-1774	196	5	implies	imply	VERB
fueconorg-1774	196	6	that	that	SCONJ
fueconorg-1774	196	7	all	all	DET
fueconorg-1774	196	8	three	three	NUM
fueconorg-1774	196	9	pillars	pillar	NOUN
fueconorg-1774	196	10	of	of	ADP
fueconorg-1774	196	11	the	the	DET
fueconorg-1774	196	12	banking	banking	NOUN
fueconorg-1774	196	13	union	union	NOUN
fueconorg-1774	196	14	must	must	AUX
fueconorg-1774	196	15	be	be	AUX
fueconorg-1774	196	16	fully	fully	ADV
fueconorg-1774	196	17	accepted	accept	VERB
fueconorg-1774	196	18	.	.	PUNCT
fueconorg-1774	197	1	conclusion	conclusion	NOUN
fueconorg-1774	197	2	financial	financial	ADJ
fueconorg-1774	197	3	stability	stability	NOUN
fueconorg-1774	197	4	is	be	AUX
fueconorg-1774	197	5	a	a	DET
fueconorg-1774	197	6	precondition	precondition	NOUN
fueconorg-1774	197	7	for	for	ADP
fueconorg-1774	197	8	the	the	DET
fueconorg-1774	197	9	development	development	NOUN
fueconorg-1774	197	10	of	of	ADP
fueconorg-1774	197	11	any	any	DET
fueconorg-1774	197	12	economy	economy	NOUN
fueconorg-1774	197	13	,	,	PUNCT
fueconorg-1774	197	14	causing	cause	VERB
fueconorg-1774	197	15	regulatory	regulatory	ADJ
fueconorg-1774	197	16	authorities	authority	NOUN
fueconorg-1774	197	17	to	to	PART
fueconorg-1774	197	18	monitor	monitor	VERB
fueconorg-1774	197	19	the	the	DET
fueconorg-1774	197	20	risks	risk	NOUN
fueconorg-1774	197	21	that	that	PRON
fueconorg-1774	197	22	threaten	threaten	VERB
fueconorg-1774	197	23	financial	financial	ADJ
fueconorg-1774	197	24	stability	stability	NOUN
fueconorg-1774	197	25	on	on	ADP
fueconorg-1774	197	26	an	an	DET
fueconorg-1774	197	27	ongoing	ongoing	ADJ
fueconorg-1774	197	28	basis	basis	NOUN
fueconorg-1774	197	29	.	.	PUNCT
fueconorg-1774	198	1	this	this	PRON
fueconorg-1774	198	2	includes	include	VERB
fueconorg-1774	198	3	a	a	DET
fueconorg-1774	198	4	two	two	NUM
fueconorg-1774	198	5	-	-	PUNCT
fueconorg-1774	198	6	dimensional	dimensional	ADJ
fueconorg-1774	198	7	approach	approach	NOUN
fueconorg-1774	198	8	in	in	ADP
fueconorg-1774	198	9	which	which	PRON
fueconorg-1774	198	10	risks	risk	NOUN
fueconorg-1774	198	11	are	be	AUX
fueconorg-1774	198	12	monitored	monitor	VERB
fueconorg-1774	198	13	,	,	PUNCT
fueconorg-1774	198	14	both	both	CCONJ
fueconorg-1774	198	15	at	at	ADP
fueconorg-1774	198	16	the	the	DET
fueconorg-1774	198	17	level	level	NOUN
fueconorg-1774	198	18	of	of	ADP
fueconorg-1774	198	19	individual	individual	ADJ
fueconorg-1774	198	20	financial	financial	ADJ
fueconorg-1774	198	21	institutions	institution	NOUN
fueconorg-1774	198	22	and	and	CCONJ
fueconorg-1774	198	23	at	at	ADP
fueconorg-1774	198	24	the	the	DET
fueconorg-1774	198	25	level	level	NOUN
fueconorg-1774	198	26	of	of	ADP
fueconorg-1774	198	27	the	the	DET
fueconorg-1774	198	28	overall	overall	ADJ
fueconorg-1774	198	29	financial	financial	ADJ
fueconorg-1774	198	30	system	system	NOUN
fueconorg-1774	198	31	.	.	PUNCT
fueconorg-1774	199	1	the	the	DET
fueconorg-1774	199	2	central	central	PROPN
fueconorg-1774	199	3	bank	bank	PROPN
fueconorg-1774	199	4	has	have	VERB
fueconorg-1774	199	5	a	a	DET
fueconorg-1774	199	6	significant	significant	ADJ
fueconorg-1774	199	7	role	role	NOUN
fueconorg-1774	199	8	in	in	ADP
fueconorg-1774	199	9	preserving	preserve	VERB
fueconorg-1774	199	10	financial	financial	ADJ
fueconorg-1774	199	11	stability	stability	NOUN
fueconorg-1774	199	12	,	,	PUNCT
fueconorg-1774	199	13	which	which	PRON
fueconorg-1774	199	14	is	be	AUX
fueconorg-1774	199	15	perfectly	perfectly	ADV
fueconorg-1774	199	16	consistent	consistent	ADJ
fueconorg-1774	199	17	with	with	ADP
fueconorg-1774	199	18	its	its	PRON
fueconorg-1774	199	19	role	role	NOUN
fueconorg-1774	199	20	in	in	ADP
fueconorg-1774	199	21	implementing	implement	VERB
fueconorg-1774	199	22	the	the	DET
fueconorg-1774	199	23	monetary	monetary	ADJ
fueconorg-1774	199	24	policy	policy	NOUN
fueconorg-1774	199	25	.	.	PUNCT
fueconorg-1774	200	1	in	in	ADP
fueconorg-1774	200	2	this	this	DET
fueconorg-1774	200	3	sense	sense	NOUN
fueconorg-1774	200	4	,	,	PUNCT
fueconorg-1774	200	5	the	the	DET
fueconorg-1774	200	6	question	question	NOUN
fueconorg-1774	200	7	is	be	AUX
fueconorg-1774	200	8	:	:	PUNCT
fueconorg-1774	200	9	what	what	PRON
fueconorg-1774	200	10	is	be	AUX
fueconorg-1774	200	11	the	the	DET
fueconorg-1774	200	12	role	role	NOUN
fueconorg-1774	200	13	of	of	ADP
fueconorg-1774	200	14	the	the	DET
fueconorg-1774	200	15	monetary	monetary	ADJ
fueconorg-1774	200	16	policy	policy	NOUN
fueconorg-1774	200	17	in	in	ADP
fueconorg-1774	200	18	maintaining	maintain	VERB
fueconorg-1774	200	19	financial	financial	ADJ
fueconorg-1774	200	20	stability	stability	NOUN
fueconorg-1774	200	21	?	?	PUNCT
fueconorg-1774	201	1	during	during	ADP
fueconorg-1774	201	2	the	the	DET
fueconorg-1774	201	3	recent	recent	ADJ
fueconorg-1774	201	4	financial	financial	ADJ
fueconorg-1774	201	5	crisis	crisis	NOUN
fueconorg-1774	201	6	,	,	PUNCT
fueconorg-1774	201	7	due	due	ADP
fueconorg-1774	201	8	to	to	ADP
fueconorg-1774	201	9	the	the	DET
fueconorg-1774	201	10	absence	absence	NOUN
fueconorg-1774	201	11	or	or	CCONJ
fueconorg-1774	201	12	insufficient	insufficient	ADJ
fueconorg-1774	201	13	development	development	NOUN
fueconorg-1774	201	14	of	of	ADP
fueconorg-1774	201	15	macroprudential	macroprudential	ADJ
fueconorg-1774	201	16	frameworks	framework	NOUN
fueconorg-1774	201	17	in	in	ADP
fueconorg-1774	201	18	many	many	ADJ
fueconorg-1774	201	19	countries	country	NOUN
fueconorg-1774	201	20	,	,	PUNCT
fueconorg-1774	201	21	monetary	monetary	ADJ
fueconorg-1774	201	22	and	and	CCONJ
fueconorg-1774	201	23	fiscal	fiscal	ADJ
fueconorg-1774	201	24	policies	policy	NOUN
fueconorg-1774	201	25	took	take	VERB
fueconorg-1774	201	26	an	an	DET
fueconorg-1774	201	27	important	important	ADJ
fueconorg-1774	201	28	role	role	NOUN
fueconorg-1774	201	29	in	in	ADP
fueconorg-1774	201	30	mitigating	mitigate	VERB
fueconorg-1774	201	31	the	the	DET
fueconorg-1774	201	32	financial	financial	ADJ
fueconorg-1774	201	33	crisis	crisis	NOUN
fueconorg-1774	201	34	.	.	PUNCT
fueconorg-1774	202	1	however	however	ADV
fueconorg-1774	202	2	,	,	PUNCT
fueconorg-1774	202	3	this	this	DET
fueconorg-1774	202	4	kind	kind	NOUN
fueconorg-1774	202	5	of	of	ADP
fueconorg-1774	202	6	engagement	engagement	NOUN
fueconorg-1774	202	7	of	of	ADP
fueconorg-1774	202	8	the	the	DET
fueconorg-1774	202	9	central	central	ADJ
fueconorg-1774	202	10	bank	bank	NOUN
fueconorg-1774	202	11	may	may	AUX
fueconorg-1774	202	12	quite	quite	ADV
fueconorg-1774	202	13	distance	distance	VERB
fueconorg-1774	202	14	it	it	PRON
fueconorg-1774	202	15	from	from	ADP
fueconorg-1774	202	16	its	its	PRON
fueconorg-1774	202	17	primary	primary	ADJ
fueconorg-1774	202	18	objective	objective	NOUN
fueconorg-1774	202	19	,	,	PUNCT
fueconorg-1774	202	20	which	which	PRON
fueconorg-1774	202	21	is	be	AUX
fueconorg-1774	202	22	the	the	DET
fueconorg-1774	202	23	pursuit	pursuit	NOUN
fueconorg-1774	202	24	of	of	ADP
fueconorg-1774	202	25	price	price	NOUN
fueconorg-1774	202	26	stability	stability	NOUN
fueconorg-1774	202	27	,	,	PUNCT
fueconorg-1774	202	28	because	because	SCONJ
fueconorg-1774	202	29	it	it	PRON
fueconorg-1774	202	30	has	have	VERB
fueconorg-1774	202	31	to	to	PART
fueconorg-1774	202	32	take	take	VERB
fueconorg-1774	202	33	the	the	DET
fueconorg-1774	202	34	role	role	NOUN
fueconorg-1774	202	35	of	of	ADP
fueconorg-1774	202	36	a	a	DET
fueconorg-1774	202	37	distributor	distributor	NOUN
fueconorg-1774	202	38	and	and	CCONJ
fueconorg-1774	202	39	the	the	DET
fueconorg-1774	202	40	role	role	NOUN
fueconorg-1774	202	41	of	of	ADP
fueconorg-1774	202	42	a	a	DET
fueconorg-1774	202	43	quasi	quasi	ADJ
fueconorg-1774	202	44	-	-	ADJ
fueconorg-1774	202	45	fiscal	fiscal	ADJ
fueconorg-1774	202	46	actor	actor	NOUN
fueconorg-1774	202	47	.	.	PUNCT
fueconorg-1774	203	1	this	this	PRON
fueconorg-1774	203	2	affects	affect	VERB
fueconorg-1774	203	3	its	its	PRON
fueconorg-1774	203	4	political	political	ADJ
fueconorg-1774	203	5	responsibility	responsibility	NOUN
fueconorg-1774	203	6	and	and	CCONJ
fueconorg-1774	203	7	ultimately	ultimately	ADV
fueconorg-1774	203	8	may	may	AUX
fueconorg-1774	203	9	compromise	compromise	VERB
fueconorg-1774	203	10	its	its	PRON
fueconorg-1774	203	11	independence	independence	NOUN
fueconorg-1774	203	12	.	.	PUNCT
fueconorg-1774	204	1	as	as	ADP
fueconorg-1774	204	2	an	an	DET
fueconorg-1774	204	3	additional	additional	ADJ
fueconorg-1774	204	4	problem	problem	NOUN
fueconorg-1774	204	5	,	,	PUNCT
fueconorg-1774	204	6	time	time	NOUN
fueconorg-1774	204	7	inconsistency	inconsistency	NOUN
fueconorg-1774	204	8	can	can	AUX
fueconorg-1774	204	9	be	be	AUX
fueconorg-1774	204	10	highlighted	highlight	VERB
fueconorg-1774	204	11	,	,	PUNCT
fueconorg-1774	204	12	given	give	VERB
fueconorg-1774	204	13	that	that	SCONJ
fueconorg-1774	204	14	the	the	DET
fueconorg-1774	204	15	central	central	ADJ
fueconorg-1774	204	16	bank	bank	NOUN
fueconorg-1774	204	17	may	may	AUX
fueconorg-1774	204	18	get	get	VERB
fueconorg-1774	204	19	itself	itself	PRON
fueconorg-1774	204	20	in	in	ADP
fueconorg-1774	204	21	a	a	DET
fueconorg-1774	204	22	position	position	NOUN
fueconorg-1774	204	23	to	to	PART
fueconorg-1774	204	24	put	put	VERB
fueconorg-1774	204	25	a	a	DET
fueconorg-1774	204	26	larger	large	ADJ
fueconorg-1774	204	27	quantum	quantum	NOUN
fueconorg-1774	204	28	of	of	ADP
fueconorg-1774	204	29	resources	resource	NOUN
fueconorg-1774	204	30	into	into	ADP
fueconorg-1774	204	31	the	the	DET
fueconorg-1774	204	32	system	system	NOUN
fueconorg-1774	204	33	than	than	SCONJ
fueconorg-1774	204	34	it	it	PRON
fueconorg-1774	204	35	is	be	AUX
fueconorg-1774	204	36	necessary	necessary	ADJ
fueconorg-1774	204	37	in	in	ADP
fueconorg-1774	204	38	order	order	NOUN
fueconorg-1774	204	39	to	to	PART
fueconorg-1774	204	40	preserve	preserve	VERB
fueconorg-1774	204	41	the	the	DET
fueconorg-1774	204	42	long	long	ADJ
fueconorg-1774	204	43	-	-	PUNCT
fueconorg-1774	204	44	term	term	NOUN
fueconorg-1774	204	45	price	price	NOUN
fueconorg-1774	204	46	stability	stability	NOUN
fueconorg-1774	204	47	.	.	PUNCT
fueconorg-1774	205	1	such	such	ADJ
fueconorg-1774	205	2	risks	risk	NOUN
fueconorg-1774	205	3	can	can	AUX
fueconorg-1774	205	4	be	be	AUX
fueconorg-1774	205	5	controlled	control	VERB
fueconorg-1774	205	6	by	by	ADP
fueconorg-1774	205	7	the	the	DET
fueconorg-1774	205	8	division	division	NOUN
fueconorg-1774	205	9	of	of	ADP
fueconorg-1774	205	10	goals	goal	NOUN
fueconorg-1774	205	11	,	,	PUNCT
fueconorg-1774	205	12	instruments	instrument	NOUN
fueconorg-1774	205	13	and	and	CCONJ
fueconorg-1774	205	14	responsibilities	responsibility	NOUN
fueconorg-1774	205	15	of	of	ADP
fueconorg-1774	205	16	macroprudential	macroprudential	ADJ
fueconorg-1774	205	17	and	and	CCONJ
fueconorg-1774	205	18	monetary	monetary	ADJ
fueconorg-1774	205	19	policies	policy	NOUN
fueconorg-1774	205	20	,	,	PUNCT
fueconorg-1774	205	21	which	which	PRON
fueconorg-1774	205	22	is	be	AUX
fueconorg-1774	205	23	especially	especially	ADV
fueconorg-1774	205	24	important	important	ADJ
fueconorg-1774	205	25	if	if	SCONJ
fueconorg-1774	205	26	both	both	PRON
fueconorg-1774	205	27	of	of	ADP
fueconorg-1774	205	28	these	these	DET
fueconorg-1774	205	29	roles	role	NOUN
fueconorg-1774	205	30	are	be	AUX
fueconorg-1774	205	31	performed	perform	VERB
fueconorg-1774	205	32	by	by	ADP
fueconorg-1774	205	33	the	the	DET
fueconorg-1774	205	34	same	same	ADJ
fueconorg-1774	205	35	institution	institution	NOUN
fueconorg-1774	205	36	,	,	PUNCT
fueconorg-1774	205	37	the	the	DET
fueconorg-1774	205	38	central	central	ADJ
fueconorg-1774	205	39	bank	bank	NOUN
fueconorg-1774	205	40	in	in	ADP
fueconorg-1774	205	41	this	this	DET
fueconorg-1774	205	42	case	case	NOUN
fueconorg-1774	205	43	.	.	PUNCT
fueconorg-1774	206	1	in	in	ADP
fueconorg-1774	206	2	order	order	NOUN
fueconorg-1774	206	3	to	to	PART
fueconorg-1774	206	4	solve	solve	VERB
fueconorg-1774	206	5	the	the	DET
fueconorg-1774	206	6	problem	problem	NOUN
fueconorg-1774	206	7	of	of	ADP
fueconorg-1774	206	8	time	time	NOUN
fueconorg-1774	206	9	inconsistency	inconsistency	NOUN
fueconorg-1774	206	10	,	,	PUNCT
fueconorg-1774	206	11	being	be	AUX
fueconorg-1774	206	12	a	a	DET
fueconorg-1774	206	13	part	part	NOUN
fueconorg-1774	206	14	of	of	ADP
fueconorg-1774	206	15	monetary	monetary	ADJ
fueconorg-1774	206	16	regulation	regulation	NOUN
fueconorg-1774	206	17	,	,	PUNCT
fueconorg-1774	206	18	central	central	ADJ
fueconorg-1774	206	19	bank	bank	NOUN
fueconorg-1774	206	20	must	must	AUX
fueconorg-1774	206	21	take	take	VERB
fueconorg-1774	206	22	care	care	NOUN
fueconorg-1774	206	23	of	of	ADP
fueconorg-1774	206	24	price	price	NOUN
fueconorg-1774	206	25	stability	stability	NOUN
fueconorg-1774	206	26	first	first	ADV
fueconorg-1774	206	27	,	,	PUNCT
fueconorg-1774	206	28	whereas	whereas	ADV
fueconorg-1774	206	29	,	,	PUNCT
fueconorg-1774	206	30	maintaining	maintain	VERB
fueconorg-1774	206	31	the	the	DET
fueconorg-1774	206	32	financial	financial	ADJ
fueconorg-1774	206	33	stability	stability	NOUN
fueconorg-1774	206	34	is	be	AUX
fueconorg-1774	206	35	a	a	DET
fueconorg-1774	206	36	primary	primary	ADJ
fueconorg-1774	206	37	responsibility	responsibility	NOUN
fueconorg-1774	206	38	of	of	ADP
fueconorg-1774	206	39	macroprudential	macroprudential	ADJ
fueconorg-1774	206	40	,	,	PUNCT
fueconorg-1774	206	41	and	and	CCONJ
fueconorg-1774	206	42	not	not	PART
fueconorg-1774	206	43	monetary	monetary	ADJ
fueconorg-1774	206	44	policy	policy	NOUN
fueconorg-1774	206	45	.	.	PUNCT
fueconorg-1774	207	1	142	142	NUM
fueconorg-1774	207	2	m.	m.	NOUN
fueconorg-1774	207	3	jemović	jemović	PROPN
fueconorg-1774	207	4	,	,	PUNCT
fueconorg-1774	207	5	s.	s.	PROPN
fueconorg-1774	207	6	marinković	marinković	PROPN
fueconorg-1774	207	7	defining	define	VERB
fueconorg-1774	207	8	the	the	DET
fueconorg-1774	207	9	relationship	relationship	NOUN
fueconorg-1774	207	10	between	between	ADP
fueconorg-1774	207	11	monetary	monetary	ADJ
fueconorg-1774	207	12	and	and	CCONJ
fueconorg-1774	207	13	macroprudential	macroprudential	ADJ
fueconorg-1774	207	14	policy	policy	NOUN
fueconorg-1774	207	15	is	be	AUX
fueconorg-1774	207	16	particularly	particularly	ADV
fueconorg-1774	207	17	specific	specific	ADJ
fueconorg-1774	207	18	to	to	ADP
fueconorg-1774	207	19	the	the	DET
fueconorg-1774	207	20	area	area	NOUN
fueconorg-1774	207	21	of	of	ADP
fueconorg-1774	207	22	emu	emu	PROPN
fueconorg-1774	207	23	,	,	PUNCT
fueconorg-1774	207	24	given	give	VERB
fueconorg-1774	207	25	that	that	SCONJ
fueconorg-1774	207	26	monetary	monetary	ADJ
fueconorg-1774	207	27	policy	policy	NOUN
fueconorg-1774	207	28	is	be	AUX
fueconorg-1774	207	29	defined	define	VERB
fueconorg-1774	207	30	at	at	ADP
fueconorg-1774	207	31	supranational	supranational	ADJ
fueconorg-1774	207	32	level	level	NOUN
fueconorg-1774	207	33	,	,	PUNCT
fueconorg-1774	207	34	whereas	whereas	SCONJ
fueconorg-1774	207	35	macroprudential	macroprudential	ADJ
fueconorg-1774	207	36	policy	policy	NOUN
fueconorg-1774	207	37	is	be	AUX
fueconorg-1774	207	38	defined	define	VERB
fueconorg-1774	207	39	at	at	ADP
fueconorg-1774	207	40	both	both	CCONJ
fueconorg-1774	207	41	supranational	supranational	ADJ
fueconorg-1774	207	42	and	and	CCONJ
fueconorg-1774	207	43	national	national	ADJ
fueconorg-1774	207	44	levels	level	NOUN
fueconorg-1774	207	45	.	.	PUNCT
fueconorg-1774	208	1	with	with	ADP
fueconorg-1774	208	2	the	the	DET
fueconorg-1774	208	3	new	new	ADJ
fueconorg-1774	208	4	institutional	institutional	ADJ
fueconorg-1774	208	5	framework	framework	NOUN
fueconorg-1774	208	6	,	,	PUNCT
fueconorg-1774	208	7	the	the	DET
fueconorg-1774	208	8	ecb	ecb	NOUN
fueconorg-1774	208	9	has	have	AUX
fueconorg-1774	208	10	taken	take	VERB
fueconorg-1774	208	11	a	a	DET
fueconorg-1774	208	12	key	key	ADJ
fueconorg-1774	208	13	role	role	NOUN
fueconorg-1774	208	14	in	in	ADP
fueconorg-1774	208	15	the	the	DET
fueconorg-1774	208	16	european	european	ADJ
fueconorg-1774	208	17	systemic	systemic	ADJ
fueconorg-1774	208	18	risk	risk	NOUN
fueconorg-1774	208	19	board	board	NOUN
fueconorg-1774	208	20	as	as	ADP
fueconorg-1774	208	21	a	a	DET
fueconorg-1774	208	22	macro	macro	NOUN
fueconorg-1774	208	23	-	-	NOUN
fueconorg-1774	208	24	supervisor	supervisor	NOUN
fueconorg-1774	208	25	,	,	PUNCT
fueconorg-1774	208	26	while	while	SCONJ
fueconorg-1774	208	27	national	national	ADJ
fueconorg-1774	208	28	supervisors	supervisor	NOUN
fueconorg-1774	208	29	of	of	ADP
fueconorg-1774	208	30	the	the	DET
fueconorg-1774	208	31	member	member	NOUN
fueconorg-1774	208	32	states	state	NOUN
fueconorg-1774	208	33	have	have	VERB
fueconorg-1774	208	34	jurisdiction	jurisdiction	NOUN
fueconorg-1774	208	35	over	over	ADP
fueconorg-1774	208	36	micro	micro	NOUN
fueconorg-1774	208	37	-	-	NOUN
fueconorg-1774	208	38	supervision	supervision	NOUN
fueconorg-1774	208	39	.	.	PUNCT
fueconorg-1774	209	1	in	in	ADP
fueconorg-1774	209	2	addition	addition	NOUN
fueconorg-1774	209	3	,	,	PUNCT
fueconorg-1774	209	4	there	there	PRON
fueconorg-1774	209	5	is	be	VERB
fueconorg-1774	209	6	a	a	DET
fueconorg-1774	209	7	formation	formation	NOUN
fueconorg-1774	209	8	of	of	ADP
fueconorg-1774	209	9	the	the	DET
fueconorg-1774	209	10	body	body	NOUN
fueconorg-1774	209	11	for	for	ADP
fueconorg-1774	209	12	macroprudential	macroprudential	ADJ
fueconorg-1774	209	13	issues	issue	NOUN
fueconorg-1774	209	14	at	at	ADP
fueconorg-1774	209	15	the	the	DET
fueconorg-1774	209	16	national	national	ADJ
fueconorg-1774	209	17	level	level	NOUN
fueconorg-1774	209	18	,	,	PUNCT
fueconorg-1774	209	19	either	either	CCONJ
fueconorg-1774	209	20	at	at	ADP
fueconorg-1774	209	21	the	the	DET
fueconorg-1774	209	22	central	central	ADJ
fueconorg-1774	209	23	bank	bank	NOUN
fueconorg-1774	209	24	or	or	CCONJ
fueconorg-1774	209	25	at	at	ADP
fueconorg-1774	209	26	the	the	DET
fueconorg-1774	209	27	supervisory	supervisory	ADJ
fueconorg-1774	209	28	authority	authority	NOUN
fueconorg-1774	209	29	.	.	PUNCT
fueconorg-1774	210	1	in	in	ADP
fueconorg-1774	210	2	this	this	DET
fueconorg-1774	210	3	way	way	NOUN
fueconorg-1774	210	4	,	,	PUNCT
fueconorg-1774	210	5	the	the	DET
fueconorg-1774	210	6	jurisdiction	jurisdiction	NOUN
fueconorg-1774	210	7	of	of	ADP
fueconorg-1774	210	8	macroprudential	macroprudential	ADJ
fueconorg-1774	210	9	policy	policy	NOUN
fueconorg-1774	210	10	is	be	AUX
fueconorg-1774	210	11	divided	divide	VERB
fueconorg-1774	210	12	between	between	ADP
fueconorg-1774	210	13	the	the	DET
fueconorg-1774	210	14	established	establish	VERB
fueconorg-1774	210	15	bodies	body	NOUN
fueconorg-1774	210	16	and	and	CCONJ
fueconorg-1774	210	17	ecb	ecb	NOUN
fueconorg-1774	210	18	.	.	PUNCT
fueconorg-1774	211	1	the	the	DET
fueconorg-1774	211	2	primary	primary	ADJ
fueconorg-1774	211	3	responsibility	responsibility	NOUN
fueconorg-1774	211	4	for	for	ADP
fueconorg-1774	211	5	maintaining	maintain	VERB
fueconorg-1774	211	6	financial	financial	ADJ
fueconorg-1774	211	7	stability	stability	NOUN
fueconorg-1774	211	8	belongs	belong	VERB
fueconorg-1774	211	9	to	to	ADP
fueconorg-1774	211	10	the	the	DET
fueconorg-1774	211	11	national	national	ADJ
fueconorg-1774	211	12	macroprudential	macroprudential	ADJ
fueconorg-1774	211	13	authorities	authority	NOUN
fueconorg-1774	211	14	that	that	PRON
fueconorg-1774	211	15	are	be	AUX
fueconorg-1774	211	16	trying	try	VERB
fueconorg-1774	211	17	to	to	PART
fueconorg-1774	211	18	use	use	VERB
fueconorg-1774	211	19	monetary	monetary	ADJ
fueconorg-1774	211	20	policy	policy	NOUN
fueconorg-1774	211	21	as	as	ADV
fueconorg-1774	211	22	little	little	ADJ
fueconorg-1774	211	23	as	as	ADP
fueconorg-1774	211	24	possible	possible	ADJ
fueconorg-1774	211	25	as	as	ADP
fueconorg-1774	211	26	a	a	DET
fueconorg-1774	211	27	means	means	NOUN
fueconorg-1774	211	28	of	of	ADP
fueconorg-1774	211	29	preserving	preserve	VERB
fueconorg-1774	211	30	financial	financial	ADJ
fueconorg-1774	211	31	stability	stability	NOUN
fueconorg-1774	211	32	.	.	PUNCT
fueconorg-1774	212	1	however	however	ADV
fueconorg-1774	212	2	,	,	PUNCT
fueconorg-1774	212	3	insufficient	insufficient	ADJ
fueconorg-1774	212	4	development	development	NOUN
fueconorg-1774	212	5	and	and	CCONJ
fueconorg-1774	212	6	lack	lack	NOUN
fueconorg-1774	212	7	of	of	ADP
fueconorg-1774	212	8	experience	experience	NOUN
fueconorg-1774	212	9	in	in	ADP
fueconorg-1774	212	10	using	use	VERB
fueconorg-1774	212	11	macroprudential	macroprudential	ADJ
fueconorg-1774	212	12	instruments	instrument	NOUN
fueconorg-1774	212	13	have	have	AUX
fueconorg-1774	212	14	caused	cause	VERB
fueconorg-1774	212	15	monetary	monetary	ADJ
fueconorg-1774	212	16	policy	policy	NOUN
fueconorg-1774	212	17	to	to	PART
fueconorg-1774	212	18	take	take	VERB
fueconorg-1774	212	19	its	its	PRON
fueconorg-1774	212	20	stake	stake	NOUN
fueconorg-1774	212	21	in	in	ADP
fueconorg-1774	212	22	preserving	preserve	VERB
fueconorg-1774	212	23	financial	financial	ADJ
fueconorg-1774	212	24	stability	stability	NOUN
fueconorg-1774	212	25	.	.	PUNCT
fueconorg-1774	213	1	the	the	DET
fueconorg-1774	213	2	financial	financial	ADJ
fueconorg-1774	213	3	and	and	CCONJ
fueconorg-1774	213	4	debt	debt	NOUN
fueconorg-1774	213	5	crisis	crisis	NOUN
fueconorg-1774	213	6	in	in	ADP
fueconorg-1774	213	7	the	the	DET
fueconorg-1774	213	8	eurozone	eurozone	NOUN
fueconorg-1774	213	9	has	have	AUX
fueconorg-1774	213	10	clearly	clearly	ADV
fueconorg-1774	213	11	shown	show	VERB
fueconorg-1774	213	12	that	that	SCONJ
fueconorg-1774	213	13	in	in	ADP
fueconorg-1774	213	14	countries	country	NOUN
fueconorg-1774	213	15	that	that	PRON
fueconorg-1774	213	16	share	share	VERB
fueconorg-1774	213	17	the	the	DET
fueconorg-1774	213	18	single	single	ADJ
fueconorg-1774	213	19	currency	currency	NOUN
fueconorg-1774	213	20	,	,	PUNCT
fueconorg-1774	213	21	it	it	PRON
fueconorg-1774	213	22	is	be	AUX
fueconorg-1774	213	23	necessary	necessary	ADJ
fueconorg-1774	213	24	to	to	PART
fueconorg-1774	213	25	centralize	centralize	VERB
fueconorg-1774	213	26	the	the	DET
fueconorg-1774	213	27	rules	rule	NOUN
fueconorg-1774	213	28	governing	govern	VERB
fueconorg-1774	213	29	the	the	DET
fueconorg-1774	213	30	operations	operation	NOUN
fueconorg-1774	213	31	of	of	ADP
fueconorg-1774	213	32	banks	bank	NOUN
fueconorg-1774	213	33	,	,	PUNCT
fueconorg-1774	213	34	especially	especially	ADV
fueconorg-1774	213	35	due	due	ADP
fueconorg-1774	213	36	to	to	ADP
fueconorg-1774	213	37	the	the	DET
fueconorg-1774	213	38	exceptional	exceptional	ADJ
fueconorg-1774	213	39	relationship	relationship	NOUN
fueconorg-1774	213	40	among	among	ADP
fueconorg-1774	213	41	countries	country	NOUN
fueconorg-1774	213	42	and	and	CCONJ
fueconorg-1774	213	43	their	their	PRON
fueconorg-1774	213	44	banking	banking	NOUN
fueconorg-1774	213	45	systems	system	NOUN
fueconorg-1774	213	46	.	.	PUNCT
fueconorg-1774	214	1	for	for	ADP
fueconorg-1774	214	2	these	these	DET
fueconorg-1774	214	3	reasons	reason	NOUN
fueconorg-1774	214	4	,	,	PUNCT
fueconorg-1774	214	5	in	in	ADP
fueconorg-1774	214	6	june	june	PROPN
fueconorg-1774	214	7	2012	2012	NUM
fueconorg-1774	214	8	,	,	PUNCT
fueconorg-1774	214	9	an	an	DET
fueconorg-1774	214	10	initiative	initiative	NOUN
fueconorg-1774	214	11	for	for	ADP
fueconorg-1774	214	12	the	the	DET
fueconorg-1774	214	13	establishment	establishment	NOUN
fueconorg-1774	214	14	of	of	ADP
fueconorg-1774	214	15	a	a	DET
fueconorg-1774	214	16	banking	banking	NOUN
fueconorg-1774	214	17	union	union	NOUN
fueconorg-1774	214	18	was	be	AUX
fueconorg-1774	214	19	launched	launch	VERB
fueconorg-1774	214	20	,	,	PUNCT
fueconorg-1774	214	21	within	within	ADP
fueconorg-1774	214	22	which	which	PRON
fueconorg-1774	214	23	two	two	NUM
fueconorg-1774	214	24	pillars	pillar	NOUN
fueconorg-1774	214	25	have	have	AUX
fueconorg-1774	214	26	been	be	AUX
fueconorg-1774	214	27	formed	form	VERB
fueconorg-1774	214	28	so	so	ADV
fueconorg-1774	214	29	far	far	ADV
fueconorg-1774	214	30	single	single	ADJ
fueconorg-1774	214	31	supervisory	supervisory	ADJ
fueconorg-1774	214	32	mechanism	mechanism	NOUN
fueconorg-1774	214	33	and	and	CCONJ
fueconorg-1774	214	34	single	single	ADJ
fueconorg-1774	214	35	resolution	resolution	NOUN
fueconorg-1774	214	36	mechanism	mechanism	NOUN
fueconorg-1774	214	37	,	,	PUNCT
fueconorg-1774	214	38	while	while	SCONJ
fueconorg-1774	214	39	the	the	DET
fueconorg-1774	214	40	third	third	ADJ
fueconorg-1774	214	41	pillar	pillar	NOUN
fueconorg-1774	214	42	the	the	DET
fueconorg-1774	214	43	european	european	PROPN
fueconorg-1774	214	44	deposit	deposit	PROPN
fueconorg-1774	214	45	insurance	insurance	NOUN
fueconorg-1774	214	46	scheme	scheme	NOUN
fueconorg-1774	214	47	was	be	AUX
fueconorg-1774	214	48	accepted	accept	VERB
fueconorg-1774	214	49	for	for	ADP
fueconorg-1774	214	50	consideration	consideration	NOUN
fueconorg-1774	214	51	in	in	ADP
fueconorg-1774	214	52	november	november	PROPN
fueconorg-1774	214	53	2015	2015	NUM
fueconorg-1774	214	54	.	.	PUNCT
fueconorg-1774	215	1	acknowledgement	acknowledgement	NOUN
fueconorg-1774	215	2	:	:	PUNCT
fueconorg-1774	215	3	the	the	DET
fueconorg-1774	215	4	paper	paper	NOUN
fueconorg-1774	215	5	is	be	AUX
fueconorg-1774	215	6	an	an	DET
fueconorg-1774	215	7	outcome	outcome	NOUN
fueconorg-1774	215	8	of	of	ADP
fueconorg-1774	215	9	the	the	DET
fueconorg-1774	215	10	projects	project	NOUN
fueconorg-1774	215	11	oi	oi	X
fueconorg-1774	215	12	179015	179015	NUM
fueconorg-1774	215	13	funded	fund	VERB
fueconorg-1774	215	14	by	by	ADP
fueconorg-1774	215	15	the	the	DET
fueconorg-1774	215	16	ministry	ministry	PROPN
fueconorg-1774	215	17	of	of	ADP
fueconorg-1774	215	18	education	education	PROPN
fueconorg-1774	215	19	,	,	PUNCT
fueconorg-1774	215	20	science	science	NOUN
fueconorg-1774	215	21	and	and	CCONJ
fueconorg-1774	215	22	technological	technological	ADJ
fueconorg-1774	215	23	development	development	NOUN
fueconorg-1774	215	24	of	of	ADP
fueconorg-1774	215	25	the	the	DET
fueconorg-1774	215	26	republic	republic	NOUN
fueconorg-1774	215	27	of	of	ADP
fueconorg-1774	215	28	serbia	serbia	PROPN
fueconorg-1774	215	29	.	.	PUNCT
fueconorg-1774	216	1	references	reference	NOUN
fueconorg-1774	216	2	1	1	NUM
fueconorg-1774	216	3	.	.	X
fueconorg-1774	216	4	bank	bank	PROPN
fueconorg-1774	216	5	for	for	ADP
fueconorg-1774	216	6	international	international	ADJ
fueconorg-1774	216	7	settlements	settlement	NOUN
fueconorg-1774	216	8	.	.	PUNCT
fueconorg-1774	217	1	(	(	PUNCT
fueconorg-1774	217	2	2003	2003	NUM
fueconorg-1774	217	3	)	)	PUNCT
fueconorg-1774	217	4	.	.	PUNCT
fueconorg-1774	218	1	monetary	monetary	ADJ
fueconorg-1774	218	2	stability	stability	NOUN
fueconorg-1774	218	3	,	,	PUNCT
fueconorg-1774	218	4	financial	financial	ADJ
fueconorg-1774	218	5	stability	stability	NOUN
fueconorg-1774	218	6	and	and	CCONJ
fueconorg-1774	218	7	the	the	DET
fueconorg-1774	218	8	business	business	NOUN
fueconorg-1774	218	9	cycle	cycle	NOUN
fueconorg-1774	218	10	:	:	PUNCT
fueconorg-1774	218	11	five	five	NUM
fueconorg-1774	218	12	views	view	NOUN
fueconorg-1774	218	13	.	.	PUNCT
fueconorg-1774	219	1	bis	bis	PROPN
fueconorg-1774	219	2	papers,18	papers,18	NOUN
fueconorg-1774	219	3	.	.	PUNCT
fueconorg-1774	220	1	2	2	X
fueconorg-1774	220	2	.	.	X
fueconorg-1774	220	3	bank	bank	PROPN
fueconorg-1774	220	4	for	for	ADP
fueconorg-1774	220	5	international	international	ADJ
fueconorg-1774	220	6	settlements	settlement	NOUN
fueconorg-1774	220	7	.	.	PUNCT
fueconorg-1774	221	1	(	(	PUNCT
fueconorg-1774	221	2	2010	2010	NUM
fueconorg-1774	221	3	)	)	PUNCT
fueconorg-1774	221	4	.	.	PUNCT
fueconorg-1774	222	1	the	the	DET
fueconorg-1774	222	2	role	role	NOUN
fueconorg-1774	222	3	of	of	ADP
fueconorg-1774	222	4	margin	margin	NOUN
fueconorg-1774	222	5	requirements	requirement	NOUN
fueconorg-1774	222	6	and	and	CCONJ
fueconorg-1774	222	7	haircuts	haircut	NOUN
fueconorg-1774	222	8	in	in	ADP
fueconorg-1774	222	9	procyclicality	procyclicality	NOUN
fueconorg-1774	222	10	.	.	PUNCT
fueconorg-1774	223	1	basel	basel	PROPN
fueconorg-1774	223	2	:	:	PUNCT
fueconorg-1774	223	3	cgfs	cgfs	NOUN
fueconorg-1774	223	4	papers	paper	NOUN
fueconorg-1774	223	5	,	,	PUNCT
fueconorg-1774	223	6	38	38	NUM
fueconorg-1774	223	7	.	.	NOUN
fueconorg-1774	224	1	3	3	X
fueconorg-1774	224	2	.	.	X
fueconorg-1774	224	3	božina	božina	PROPN
fueconorg-1774	224	4	,	,	PUNCT
fueconorg-1774	224	5	m.	m.	NOUN
fueconorg-1774	224	6	,	,	PUNCT
fueconorg-1774	224	7	&	&	CCONJ
fueconorg-1774	224	8	štajfer	štajfer	NOUN
fueconorg-1774	224	9	,	,	PUNCT
fueconorg-1774	224	10	j.	j.	PROPN
fueconorg-1774	224	11	(	(	PUNCT
fueconorg-1774	224	12	2009	2009	NUM
fueconorg-1774	224	13	)	)	PUNCT
fueconorg-1774	224	14	.	.	PUNCT
fueconorg-1774	225	1	reforma	reforma	PROPN
fueconorg-1774	225	2	financijske	financijske	PROPN
fueconorg-1774	225	3	regulative	regulative	ADJ
fueconorg-1774	225	4	evropske	evropske	PROPN
fueconorg-1774	225	5	unije	unije	PROPN
fueconorg-1774	225	6	analiza	analiza	PROPN
fueconorg-1774	225	7	uloge	uloge	PROPN
fueconorg-1774	225	8	prava	prava	PROPN
fueconorg-1774	225	9	na	na	PROPN
fueconorg-1774	225	10	suverenom	suverenom	PROPN
fueconorg-1774	225	11	financijskom	financijskom	PROPN
fueconorg-1774	225	12	tržištu	tržištu	PROPN
fueconorg-1774	225	13	.	.	PUNCT
fueconorg-1774	226	1	ekonomski	ekonomski	PROPN
fueconorg-1774	226	2	pregled	pregle	VERB
fueconorg-1774	226	3	,	,	PUNCT
fueconorg-1774	226	4	vol	vol	NOUN
fueconorg-1774	226	5	.	.	PUNCT
fueconorg-1774	227	1	60(1	60(1	NUM
fueconorg-1774	227	2	-	-	PUNCT
fueconorg-1774	227	3	2):50	2):50	NUM
fueconorg-1774	227	4	-	-	SYM
fueconorg-1774	227	5	74	74	NUM
fueconorg-1774	227	6	.	.	PUNCT
fueconorg-1774	228	1	4	4	X
fueconorg-1774	228	2	.	.	X
fueconorg-1774	228	3	cardarelli	cardarelli	PROPN
fueconorg-1774	228	4	,	,	PUNCT
fueconorg-1774	228	5	r.	r.	PROPN
fueconorg-1774	228	6	,	,	PUNCT
fueconorg-1774	228	7	elekdag	elekdag	PROPN
fueconorg-1774	228	8	,	,	PUNCT
fueconorg-1774	228	9	s.	s.	PROPN
fueconorg-1774	228	10	,	,	PUNCT
fueconorg-1774	228	11	&	&	CCONJ
fueconorg-1774	228	12	lall	lall	PROPN
fueconorg-1774	228	13	,	,	PUNCT
fueconorg-1774	228	14	s.	s.	PROPN
fueconorg-1774	228	15	(	(	PUNCT
fueconorg-1774	228	16	2009	2009	NUM
fueconorg-1774	228	17	)	)	PUNCT
fueconorg-1774	228	18	.	.	PUNCT
fueconorg-1774	229	1	financial	financial	ADJ
fueconorg-1774	229	2	stress	stress	NOUN
fueconorg-1774	229	3	,	,	PUNCT
fueconorg-1774	229	4	downturns	downturn	NOUN
fueconorg-1774	229	5	,	,	PUNCT
fueconorg-1774	229	6	and	and	CCONJ
fueconorg-1774	229	7	recoveries	recovery	NOUN
fueconorg-1774	229	8	.	.	PUNCT
fueconorg-1774	230	1	imf	imf	PROPN
fueconorg-1774	230	2	working	working	PROPN
fueconorg-1774	230	3	paper	paper	NOUN
fueconorg-1774	230	4	,	,	PUNCT
fueconorg-1774	230	5	100	100	NUM
fueconorg-1774	230	6	.	.	X
fueconorg-1774	231	1	5	5	X
fueconorg-1774	231	2	.	.	PUNCT
fueconorg-1774	232	1	caruana	caruana	PROPN
fueconorg-1774	232	2	,	,	PUNCT
fueconorg-1774	232	3	j.	j.	PROPN
fueconorg-1774	232	4	(	(	PUNCT
fueconorg-1774	232	5	2010	2010	NUM
fueconorg-1774	232	6	)	)	PUNCT
fueconorg-1774	232	7	.	.	PUNCT
fueconorg-1774	233	1	системски	системски	PROPN
fueconorg-1774	233	2	ризик	ризик	ADV
fueconorg-1774	233	3	:	:	PUNCT
fueconorg-1774	233	4	како	како	PROPN
fueconorg-1774	233	5	се	се	PROPN
fueconorg-1774	233	6	носити	носити	PROPN
fueconorg-1774	233	7	с	с	PROPN
fueconorg-1774	233	8	њим	њим	VERB
fueconorg-1774	233	9	?	?	PUNCT
fueconorg-1774	234	1	банкарство	банкарство	NOUN
fueconorg-1774	234	2	,	,	PUNCT
fueconorg-1774	234	3	(	(	PUNCT
fueconorg-1774	234	4	7	7	NUM
fueconorg-1774	234	5	-	-	SYM
fueconorg-1774	234	6	8):80	8):80	NUM
fueconorg-1774	234	7	-	-	PUNCT
fueconorg-1774	234	8	98	98	NUM
fueconorg-1774	234	9	.	.	PUNCT
fueconorg-1774	235	1	6	6	NUM
fueconorg-1774	235	2	.	.	X
fueconorg-1774	235	3	freystatter	freystatter	NOUN
fueconorg-1774	235	4	,	,	PUNCT
fueconorg-1774	235	5	h.	h.	PROPN
fueconorg-1774	235	6	(	(	PUNCT
fueconorg-1774	235	7	2015	2015	NUM
fueconorg-1774	235	8	)	)	PUNCT
fueconorg-1774	235	9	.	.	PUNCT
fueconorg-1774	236	1	how	how	SCONJ
fueconorg-1774	236	2	can	can	AUX
fueconorg-1774	236	3	we	we	PRON
fueconorg-1774	236	4	simultaneously	simultaneously	ADV
fueconorg-1774	236	5	maintain	maintain	VERB
fueconorg-1774	236	6	both	both	PRON
fueconorg-1774	236	7	price	price	NOUN
fueconorg-1774	236	8	stability	stability	NOUN
fueconorg-1774	236	9	and	and	CCONJ
fueconorg-1774	236	10	financial	financial	ADJ
fueconorg-1774	236	11	stability	stability	NOUN
fueconorg-1774	236	12	in	in	ADP
fueconorg-1774	236	13	the	the	DET
fueconorg-1774	236	14	euro	euro	PROPN
fueconorg-1774	236	15	area	area	NOUN
fueconorg-1774	236	16	?	?	PUNCT
fueconorg-1774	237	1	bank	bank	PROPN
fueconorg-1774	237	2	of	of	ADP
fueconorg-1774	237	3	england	england	PROPN
fueconorg-1774	237	4	bulletin	bulletin	PROPN
fueconorg-1774	237	5	,	,	PUNCT
fueconorg-1774	237	6	4	4	NUM
fueconorg-1774	237	7	.	.	NOUN
fueconorg-1774	237	8	7	7	NUM
fueconorg-1774	237	9	.	.	PUNCT
fueconorg-1774	237	10	galati	galati	PROPN
fueconorg-1774	237	11	,	,	PUNCT
fueconorg-1774	237	12	g.	g.	PROPN
fueconorg-1774	237	13	,	,	PUNCT
fueconorg-1774	237	14	&	&	CCONJ
fueconorg-1774	237	15	moessner	moessner	NOUN
fueconorg-1774	237	16	,	,	PUNCT
fueconorg-1774	237	17	r.	r.	PROPN
fueconorg-1774	237	18	(	(	PUNCT
fueconorg-1774	237	19	2011	2011	NUM
fueconorg-1774	237	20	)	)	PUNCT
fueconorg-1774	237	21	.	.	PUNCT
fueconorg-1774	238	1	macroprudential	macroprudential	ADJ
fueconorg-1774	238	2	policy	policy	NOUN
fueconorg-1774	238	3	–	–	PUNCT
fueconorg-1774	238	4	a	a	DET
fueconorg-1774	238	5	literature	literature	NOUN
fueconorg-1774	238	6	review	review	NOUN
fueconorg-1774	238	7	.	.	PUNCT
fueconorg-1774	239	1	bis	bis	PROPN
fueconorg-1774	239	2	working	working	NOUN
fueconorg-1774	239	3	papers	paper	NOUN
fueconorg-1774	239	4	.	.	PUNCT
fueconorg-1774	240	1	8	8	X
fueconorg-1774	240	2	.	.	X
fueconorg-1774	240	3	gaspar	gaspar	PROPN
fueconorg-1774	240	4	,	,	PUNCT
fueconorg-1774	240	5	v.	v.	PROPN
fueconorg-1774	240	6	,	,	PUNCT
fueconorg-1774	240	7	&	&	CCONJ
fueconorg-1774	240	8	schinasi	schinasi	PROPN
fueconorg-1774	240	9	,	,	PUNCT
fueconorg-1774	240	10	g.	g.	PROPN
fueconorg-1774	240	11	(	(	PUNCT
fueconorg-1774	240	12	2010	2010	NUM
fueconorg-1774	240	13	)	)	PUNCT
fueconorg-1774	240	14	.	.	PUNCT
fueconorg-1774	241	1	financial	financial	ADJ
fueconorg-1774	241	2	stability	stability	NOUN
fueconorg-1774	241	3	and	and	CCONJ
fueconorg-1774	241	4	policy	policy	NOUN
fueconorg-1774	241	5	cooperation	cooperation	NOUN
fueconorg-1774	241	6	.	.	PUNCT
fueconorg-1774	242	1	working	work	VERB
fueconorg-1774	242	2	papers	paper	NOUN
fueconorg-1774	242	3	,	,	PUNCT
fueconorg-1774	242	4	1	1	NUM
fueconorg-1774	242	5	.	.	NOUN
fueconorg-1774	242	6	9	9	NUM
fueconorg-1774	242	7	.	.	X
fueconorg-1774	242	8	greenwood	greenwood	PROPN
fueconorg-1774	242	9	,	,	PUNCT
fueconorg-1774	242	10	r.	r.	PROPN
fueconorg-1774	242	11	,	,	PUNCT
fueconorg-1774	242	12	&	&	CCONJ
fueconorg-1774	242	13	scharfstein	scharfstein	PROPN
fueconorg-1774	242	14	,	,	PUNCT
fueconorg-1774	242	15	d.	d.	PROPN
fueconorg-1774	242	16	(	(	PUNCT
fueconorg-1774	242	17	2013	2013	NUM
fueconorg-1774	242	18	)	)	PUNCT
fueconorg-1774	242	19	.	.	PUNCT
fueconorg-1774	243	1	the	the	DET
fueconorg-1774	243	2	growth	growth	NOUN
fueconorg-1774	243	3	of	of	ADP
fueconorg-1774	243	4	finance	finance	NOUN
fueconorg-1774	243	5	.	.	PUNCT
fueconorg-1774	244	1	journal	journal	NOUN
fueconorg-1774	244	2	of	of	ADP
fueconorg-1774	244	3	economic	economic	ADJ
fueconorg-1774	244	4	perspectives	perspective	NOUN
fueconorg-1774	244	5	,	,	PUNCT
fueconorg-1774	244	6	27(3):3	27(3):3	PROPN
fueconorg-1774	244	7	-	-	PUNCT
fueconorg-1774	244	8	28	28	NUM
fueconorg-1774	244	9	.	.	PUNCT
fueconorg-1774	245	1	10	10	NUM
fueconorg-1774	245	2	.	.	PUNCT
fueconorg-1774	246	1	jovanić	jovanić	NOUN
fueconorg-1774	246	2	,	,	PUNCT
fueconorg-1774	246	3	t.	t.	PROPN
fueconorg-1774	246	4	(	(	PUNCT
fueconorg-1774	246	5	2006	2006	NUM
fueconorg-1774	246	6	)	)	PUNCT
fueconorg-1774	246	7	.	.	PUNCT
fueconorg-1774	247	1	kontrola	kontrola	PROPN
fueconorg-1774	247	2	bankarske	bankarske	PROPN
fueconorg-1774	247	3	grupe	grupe	PROPN
fueconorg-1774	247	4	na	na	PROPN
fueconorg-1774	247	5	konsolidovanoj	konsolidovanoj	PROPN
fueconorg-1774	247	6	osnovi	osnovi	NOUN
fueconorg-1774	247	7	:	:	PUNCT
fueconorg-1774	247	8	ovlašćenja	ovlašćenja	PROPN
fueconorg-1774	247	9	nadzornog	nadzornog	PROPN
fueconorg-1774	247	10	organa	organa	PROPN
fueconorg-1774	247	11	sa	sa	PROPN
fueconorg-1774	247	12	aspekta	aspekta	PROPN
fueconorg-1774	247	13	prudencione	prudencione	NOUN
fueconorg-1774	247	14	kontrole	kontrole	NOUN
fueconorg-1774	247	15	i	i	PRON
fueconorg-1774	247	16	saradnja	saradnja	VERB
fueconorg-1774	247	17	regulatornih	regulatornih	PROPN
fueconorg-1774	247	18	tela	tela	PROPN
fueconorg-1774	247	19	.	.	PUNCT
fueconorg-1774	248	1	bankarstvo,(5	bankarstvo,(5	NOUN
fueconorg-1774	248	2	-	-	SYM
fueconorg-1774	248	3	6):20	6):20	NUM
fueconorg-1774	248	4	-	-	PUNCT
fueconorg-1774	248	5	30	30	NUM
fueconorg-1774	248	6	.	.	PUNCT
fueconorg-1774	249	1	11	11	NUM
fueconorg-1774	249	2	.	.	PUNCT
fueconorg-1774	250	1	marinković	marinković	ADJ
fueconorg-1774	250	2	,	,	PUNCT
fueconorg-1774	250	3	s.	s.	PROPN
fueconorg-1774	250	4	(	(	PUNCT
fueconorg-1774	250	5	2004	2004	NUM
fueconorg-1774	250	6	)	)	PUNCT
fueconorg-1774	250	7	.	.	PUNCT
fueconorg-1774	251	1	infrastruktura	infrastruktura	NOUN
fueconorg-1774	251	2	sigurnosti	sigurnosti	VERB
fueconorg-1774	251	3	finansijskog	finansijskog	PROPN
fueconorg-1774	251	4	sistema	sistema	NOUN
fueconorg-1774	251	5	:	:	PUNCT
fueconorg-1774	251	6	predlog	predlog	ADJ
fueconorg-1774	251	7	reforme	reforme	PROPN
fueconorg-1774	251	8	.	.	PUNCT
fueconorg-1774	252	1	bankarstvo	bankarstvo	PROPN
fueconorg-1774	252	2	,	,	PUNCT
fueconorg-1774	252	3	(	(	PUNCT
fueconorg-1774	252	4	56):14	56):14	NUM
fueconorg-1774	252	5	-	-	SYM
fueconorg-1774	252	6	26	26	NUM
fueconorg-1774	252	7	.	.	PUNCT
fueconorg-1774	252	8	12	12	NUM
fueconorg-1774	252	9	.	.	PUNCT
fueconorg-1774	252	10	palley	palley	NOUN
fueconorg-1774	252	11	,	,	PUNCT
fueconorg-1774	252	12	t.	t.	PROPN
fueconorg-1774	252	13	(	(	PUNCT
fueconorg-1774	252	14	2007	2007	NUM
fueconorg-1774	252	15	)	)	PUNCT
fueconorg-1774	252	16	.	.	PUNCT
fueconorg-1774	253	1	financialization	financialization	NOUN
fueconorg-1774	253	2	:	:	PUNCT
fueconorg-1774	253	3	what	what	PRON
fueconorg-1774	253	4	it	it	PRON
fueconorg-1774	253	5	is	be	AUX
fueconorg-1774	253	6	and	and	CCONJ
fueconorg-1774	253	7	why	why	SCONJ
fueconorg-1774	253	8	it	it	PRON
fueconorg-1774	253	9	matters	matter	VERB
fueconorg-1774	253	10	.	.	PUNCT
fueconorg-1774	254	1	working	work	VERB
fueconorg-1774	254	2	paper	paper	NOUN
fueconorg-1774	254	3	,	,	PUNCT
fueconorg-1774	254	4	525	525	NUM
fueconorg-1774	254	5	.	.	NOUN
fueconorg-1774	254	6	13	13	NUM
fueconorg-1774	254	7	.	.	PUNCT
fueconorg-1774	255	1	schumpeter	schumpeter	NOUN
fueconorg-1774	255	2	j.	j.	PROPN
fueconorg-1774	255	3	(	(	PUNCT
fueconorg-1774	255	4	1934	1934	NUM
fueconorg-1774	255	5	)	)	PUNCT
fueconorg-1774	255	6	.	.	PUNCT
fueconorg-1774	256	1	the	the	DET
fueconorg-1774	256	2	theory	theory	NOUN
fueconorg-1774	256	3	of	of	ADP
fueconorg-1774	256	4	economic	economic	ADJ
fueconorg-1774	256	5	development	development	NOUN
fueconorg-1774	256	6	.	.	PUNCT
fueconorg-1774	257	1	harvard	harvard	PROPN
fueconorg-1774	257	2	university	university	PROPN
fueconorg-1774	257	3	press	press	NOUN
fueconorg-1774	257	4	.	.	PUNCT
fueconorg-1774	258	1	14	14	NUM
fueconorg-1774	258	2	.	.	X
fueconorg-1774	258	3	schinasi	schinasi	PROPN
fueconorg-1774	258	4	,	,	PUNCT
fueconorg-1774	258	5	g.	g.	PROPN
fueconorg-1774	258	6	(	(	PUNCT
fueconorg-1774	258	7	2004	2004	NUM
fueconorg-1774	258	8	)	)	PUNCT
fueconorg-1774	258	9	.	.	PUNCT
fueconorg-1774	259	1	definining	definine	VERB
fueconorg-1774	259	2	financial	financial	ADJ
fueconorg-1774	259	3	stability	stability	NOUN
fueconorg-1774	259	4	.	.	PUNCT
fueconorg-1774	260	1	imf	imf	PROPN
fueconorg-1774	260	2	working	working	PROPN
fueconorg-1774	260	3	paper	paper	NOUN
fueconorg-1774	260	4	,	,	PUNCT
fueconorg-1774	260	5	187	187	NUM
fueconorg-1774	260	6	.	.	NOUN
fueconorg-1774	260	7	15	15	NUM
fueconorg-1774	260	8	.	.	PUNCT
fueconorg-1774	261	1	smets	smet	NOUN
fueconorg-1774	261	2	,	,	PUNCT
fueconorg-1774	261	3	f.	f.	PROPN
fueconorg-1774	261	4	(	(	PUNCT
fueconorg-1774	261	5	2013	2013	NUM
fueconorg-1774	261	6	)	)	PUNCT
fueconorg-1774	261	7	.	.	PUNCT
fueconorg-1774	262	1	financial	financial	ADJ
fueconorg-1774	262	2	stability	stability	NOUN
fueconorg-1774	262	3	and	and	CCONJ
fueconorg-1774	262	4	monetary	monetary	ADJ
fueconorg-1774	262	5	policy	policy	NOUN
fueconorg-1774	262	6	:	:	PUNCT
fueconorg-1774	262	7	how	how	SCONJ
fueconorg-1774	262	8	closely	closely	ADV
fueconorg-1774	262	9	interlinked	interlink	VERB
fueconorg-1774	262	10	?	?	PUNCT
fueconorg-1774	263	1	penning	pen	VERB
fueconorg-1774	263	2	-	-	PUNCT
fueconorg-1774	263	3	och	och	PROPN
fueconorg-1774	263	4	valutapolitik	valutapolitik	NOUN
fueconorg-1774	263	5	,	,	PUNCT
fueconorg-1774	263	6	3:121	3:121	NUM
fueconorg-1774	263	7	-	-	SYM
fueconorg-1774	263	8	160	160	NUM
fueconorg-1774	263	9	.	.	NOUN
fueconorg-1774	263	10	16	16	NUM
fueconorg-1774	263	11	.	.	PUNCT
fueconorg-1774	264	1	the	the	DET
fueconorg-1774	264	2	de	de	PROPN
fueconorg-1774	264	3	larosière	larosière	PROPN
fueconorg-1774	264	4	group	group	NOUN
fueconorg-1774	264	5	.	.	PUNCT
fueconorg-1774	265	1	(	(	PUNCT
fueconorg-1774	265	2	2009	2009	NUM
fueconorg-1774	265	3	)	)	PUNCT
fueconorg-1774	265	4	.	.	PUNCT
fueconorg-1774	266	1	brussels	brussels	PROPN
fueconorg-1774	266	2	.	.	PUNCT
fueconorg-1774	267	1	preuzeto	preuzeto	PROPN
fueconorg-1774	267	2	sa	sa	PROPN
fueconorg-1774	268	1	http://ec.europa.eu/internal_market/finances/	http://ec.europa.eu/internal_market/finances/	PROPN
fueconorg-1774	268	2	docs	docs	PROPN
fueconorg-1774	268	3	/	/	SYM
fueconorg-1774	268	4	de_larosiere_report_en.pdf	de_larosiere_report_en.pdf	PROPN
fueconorg-1774	268	5	.	.	PUNCT
fueconorg-1774	269	1	the	the	DET
fueconorg-1774	269	2	role	role	NOUN
fueconorg-1774	269	3	of	of	ADP
fueconorg-1774	269	4	monetary	monetary	ADJ
fueconorg-1774	269	5	and	and	CCONJ
fueconorg-1774	269	6	macroprudential	macroprudential	ADJ
fueconorg-1774	269	7	policies	policy	NOUN
fueconorg-1774	269	8	in	in	ADP
fueconorg-1774	269	9	pursuit	pursuit	NOUN
fueconorg-1774	269	10	of	of	ADP
fueconorg-1774	269	11	financial	financial	ADJ
fueconorg-1774	269	12	stability	stability	NOUN
fueconorg-1774	269	13	143	143	DET
fueconorg-1774	269	14	uloga	uloga	NOUN
fueconorg-1774	269	15	monetarne	monetarne	NOUN
fueconorg-1774	270	1	i	i	PRON
fueconorg-1774	270	2	makroprudencijalne	makroprudencijalne	VERB
fueconorg-1774	270	3	politike	politike	PROPN
fueconorg-1774	270	4	u	u	NOUN
fueconorg-1774	270	5	očuvanju	očuvanju	ADJ
fueconorg-1774	270	6	finansijske	finansijske	ADJ
fueconorg-1774	270	7	stabilnosti	stabilnosti	NOUN
fueconorg-1774	270	8	značajne	značajne	NOUN
fueconorg-1774	270	9	realne	realne	NOUN
fueconorg-1774	270	10	i	i	PRON
fueconorg-1774	270	11	fiskalne	fiskalne	VERB
fueconorg-1774	270	12	implikacije	implikacije	X
fueconorg-1774	270	13	nedavne	nedavne	ADV
fueconorg-1774	270	14	finansijske	finansijske	ADJ
fueconorg-1774	270	15	krize	krize	PROPN
fueconorg-1774	270	16	obnovile	obnovile	PROPN
fueconorg-1774	270	17	su	su	PROPN
fueconorg-1774	270	18	zabrinutost	zabrinutost	PROPN
fueconorg-1774	270	19	regulatornih	regulatornih	PROPN
fueconorg-1774	270	20	organa	organa	PROPN
fueconorg-1774	270	21	za	za	PROPN
fueconorg-1774	270	22	finansijsku	finansijsku	PROPN
fueconorg-1774	270	23	stabilnost	stabilnost	PROPN
fueconorg-1774	270	24	.	.	PUNCT
fueconorg-1774	271	1	stabilnost	stabilnost	PROPN
fueconorg-1774	271	2	finansijskog	finansijskog	PROPN
fueconorg-1774	271	3	sistema	sistema	PROPN
fueconorg-1774	271	4	podrazumeva	podrazumeva	PROPN
fueconorg-1774	271	5	njegovu	njegovu	PROPN
fueconorg-1774	271	6	otpornost	otpornost	PROPN
fueconorg-1774	271	7	koja	koja	PROPN
fueconorg-1774	271	8	mora	mora	PROPN
fueconorg-1774	271	9	biti	biti	PROPN
fueconorg-1774	271	10	unapred	unapred	PROPN
fueconorg-1774	272	1	osmišljena	osmišljena	PROPN
fueconorg-1774	273	1	i	i	PRON
fueconorg-1774	273	2	postavljena	postavljena	VERB
fueconorg-1774	273	3	duž	duž	PROPN
fueconorg-1774	273	4	celog	celog	PROPN
fueconorg-1774	273	5	životnog	životnog	NOUN
fueconorg-1774	273	6	veka	veka	PROPN
fueconorg-1774	273	7	finansijskih	finansijskih	PROPN
fueconorg-1774	273	8	institucija	institucija	PROPN
fueconorg-1774	273	9	.	.	PUNCT
fueconorg-1774	274	1	autori	autori	PROPN
fueconorg-1774	274	2	su	su	PROPN
fueconorg-1774	274	3	u	u	PROPN
fueconorg-1774	274	4	radu	radu	PROPN
fueconorg-1774	274	5	najpre	najpre	PROPN
fueconorg-1774	274	6	izložili	izložili	PROPN
fueconorg-1774	274	7	pojam	pojam	PROPN
fueconorg-1774	274	8	i	i	PRON
fueconorg-1774	274	9	konceptualna	konceptualna	PROPN
fueconorg-1774	274	10	pitanja	pitanja	ADJ
fueconorg-1774	274	11	finansijske	finansijske	ADJ
fueconorg-1774	274	12	stabilnosti	stabilnosti	NOUN
fueconorg-1774	274	13	,	,	PUNCT
fueconorg-1774	274	14	a	a	DET
fueconorg-1774	274	15	potom	potom	PROPN
fueconorg-1774	274	16	sagledali	sagledali	NOUN
fueconorg-1774	274	17	ulogu	ulogu	PROPN
fueconorg-1774	274	18	relevantnih	relevantnih	PROPN
fueconorg-1774	274	19	politika	politika	PROPN
fueconorg-1774	274	20	za	za	PROPN
fueconorg-1774	274	21	očuvanje	očuvanje	PROPN
fueconorg-1774	274	22	finansijske	finansijske	ADJ
fueconorg-1774	274	23	stabilnosti	stabilnosti	NOUN
fueconorg-1774	274	24	.	.	PUNCT
fueconorg-1774	275	1	poseban	poseban	PROPN
fueconorg-1774	275	2	akcenat	akcenat	PROPN
fueconorg-1774	275	3	dat	dat	PROPN
fueconorg-1774	275	4	je	je	PROPN
fueconorg-1774	275	5	ulozi	ulozi	PROPN
fueconorg-1774	275	6	monetarne	monetarne	PROPN
fueconorg-1774	275	7	i	i	PRON
fueconorg-1774	275	8	makroprudencijalne	makroprudencijalne	VERB
fueconorg-1774	275	9	politike	politike	INTJ
fueconorg-1774	275	10	i	i	PRON
fueconorg-1774	275	11	njihovoj	njihovoj	VERB
fueconorg-1774	275	12	uslovljenosti	uslovljenosti	PROPN
fueconorg-1774	275	13	u	u	PROPN
fueconorg-1774	275	14	realizaciji	realizaciji	NOUN
fueconorg-1774	275	15	istog	istog	PROPN
fueconorg-1774	275	16	cilja	cilja	NOUN
fueconorg-1774	275	17	.	.	PUNCT
fueconorg-1774	276	1	s	s	PART
fueconorg-1774	277	1	obzirom	obzirom	ADP
fueconorg-1774	277	2	da	da	PROPN
fueconorg-1774	277	3	je	je	X
fueconorg-1774	277	4	politika	politika	X
fueconorg-1774	277	5	očuvanja	očuvanja	PROPN
fueconorg-1774	277	6	finansijske	finansijske	PROPN
fueconorg-1774	277	7	stabilnosti	stabilnosti	PROPN
fueconorg-1774	277	8	posebno	posebno	PROPN
fueconorg-1774	277	9	osetljivo	osetljivo	PROPN
fueconorg-1774	277	10	područje	područje	PROPN
fueconorg-1774	277	11	unutar	unutar	ADJ
fueconorg-1774	277	12	evropske	evropske	PROPN
fueconorg-1774	277	13	unije	unije	X
fueconorg-1774	277	14	(	(	PUNCT
fueconorg-1774	277	15	eu	eu	PROPN
fueconorg-1774	277	16	)	)	PUNCT
fueconorg-1774	277	17	,	,	PUNCT
fueconorg-1774	277	18	u	u	PROPN
fueconorg-1774	277	19	radu	radu	PROPN
fueconorg-1774	277	20	je	je	PROPN
fueconorg-1774	277	21	ukratko	ukratko	PROPN
fueconorg-1774	277	22	izložen	izložen	PROPN
fueconorg-1774	277	23	trenutni	trenutni	PROPN
fueconorg-1774	277	24	okvir	okvir	PROPN
fueconorg-1774	277	25	za	za	PROPN
fueconorg-1774	277	26	očuvanje	očuvanje	PROPN
fueconorg-1774	277	27	finansijske	finansijske	ADJ
fueconorg-1774	277	28	stabilnosti	stabilnosti	NOUN
fueconorg-1774	277	29	,	,	PUNCT
fueconorg-1774	277	30	kao	kao	PROPN
fueconorg-1774	278	1	i	i	PRON
fueconorg-1774	278	2	napori	napori	PROPN
fueconorg-1774	278	3	ka	ka	PROPN
fueconorg-1774	278	4	stvaranju	stvaranju	PROPN
fueconorg-1774	278	5	bankarske	bankarske	PROPN
fueconorg-1774	278	6	unije	unije	PROPN
fueconorg-1774	278	7	.	.	PUNCT
fueconorg-1774	279	1	ključne	ključne	PROPN
fueconorg-1774	279	2	reči	reči	NOUN
fueconorg-1774	279	3	:	:	PUNCT
fueconorg-1774	279	4	kriza	kriza	PROPN
fueconorg-1774	279	5	,	,	PUNCT
fueconorg-1774	279	6	finansijska	finansijska	PROPN
fueconorg-1774	279	7	stabilnost	stabilnost	PROPN
fueconorg-1774	279	8	,	,	PUNCT
fueconorg-1774	279	9	makroprudencijalna	makroprudencijalna	PROPN
fueconorg-1774	279	10	politika	politika	PROPN
fueconorg-1774	279	11	,	,	PUNCT
fueconorg-1774	279	12	monetarna	monetarna	NOUN
fueconorg-1774	279	13	politika	politika	NOUN
fueconorg-1774	279	14	,	,	PUNCT
fueconorg-1774	279	15	bankarska	bankarska	ADJ
fueconorg-1774	279	16	unija	unija	NOUN