Corrigendum

Pages187-188
DOIhttps://doi.org/10.1108/JFRC-02-2018-101
Published date12 February 2018
Date12 February 2018
Subject MatterAccounting & Finance,Financial risk/company failure,Financial compliance/regulation
Corrigendum
It has been brought to Emeralds attention that the articleMacroprudential policy closing
the nancial stability gapby StephanFahr and John Fell, published in Journal of Financial
Regulation and Compliance,Volume 25, Issue 4, 2017, includes two errors:
(1) The denominator in the rst line of equation (8) on p. 344 incorrectly omitted
s
1
þ. The expression should thus read: dit
dctjddr¼0¼
s
2
l
r1þ
s
2þpc
s
1þ
s
2
ðÞ
py<0.
(2) Furthermore, in the last equation on page 353, the boundaries of the sum had been
inverted. The sum should be from t=0to1:
max
it
1
2E0X
1
t¼0
b
t
p
it;yt;
r
t
ðÞ
2þKyi
t;
r
t
ðÞ
2

2
43
5
This has been corrected in the online version.The authors apologise for these errors.
Stylistic errors, including label andaxis alignment have also been corrected in Figures 1 and 2.
Corrigendum
187
Journalof Financial Regulation
andCompliance
Vol.26 No. 1, 2018
pp. 187-188
© Emerald Publishing Limited
1358-1988
DOI 10.1108/JFRC-02-2018-101
The current issue and full text archive of this journal is available on Emerald Insight at:
www.emeraldinsight.com/1358-1988.htm

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