The Macro-prudential Research Network (MaRs) was launched by the European System of Central Banks in spring 2010, after it had become apparent that the macro-prudential aspects of financial supervision and regulation needed to be significantly strengthened.
MaRs, bringing together researchers from the (then) 27 EU national central banks and the ECB, aimed to develop core conceptual frameworks, models and/or tools that provide research support in order to improve macro-prudential supervision in the EU.
The network conducted research in three areas:
1. Macro-ﬁnancial models linking ﬁnancial stability and the performance of the economy
2. Early warning systems and systemic risk indicators
3. Assessing contagion risks
The network’s research output was published in 52 economic articles.