Results 91 to 100 of about 669 (197)

Too Much Finance: Mechanisms That Harm Growth and Policy Implications

The Manchester School, EarlyView.
ABSTRACT The mechanisms for the financial sector to harm growth arise through short‐termism of financial markets. This leads to the misallocation of resources in the private sector, leading to financial crises and damage to growth. However, harm to growth comes not only from financial crises, but also from the failure of short‐termist financial markets
Arup Daripa, Sandeep Kapur, Marco Pelliccia   +2 more
wiley   +1 more source

Reserve Capital buffer as an Instrument of Macroprudential Policy

Финансы: теория и практика, 2019
The analysis of Basel III main provisions shows that within the macroprudential policy, increasing the financial stability of the banking sector is achieved by growing the capital of banks and creating new tools to solve short-term liquidity problems ...
G. G. Gospodarchuk
doaj   +1 more source

Can There Be Too Much Finance? A Complex Answer to a Simple Question

The Manchester School, EarlyView.
ABSTRACT This paper provides a critical review of the Too Much Finance literature, both in its academic contribution and as response to the earlier finance and growth literature. We describe the academic origins and development of the finance and growth literature and discuss pitfalls with the commonly used indicators of financial development.
Thorsten Beck
wiley   +1 more source

Economic Growth Vulnerability Across Euro Area Countries

Oxford Bulletin of Economics and Statistics, EarlyView.
ABSTRACT We analyse growth vulnerability in the four largest Euro Area (EA) economies, measured as a lower quantile of the growth distribution conditional on EA‐wide and country‐specific macroeconomic/financial factors. Growth densities are obtained under a normal activity scenario and under stressed conditions.
Claudio Lissona, Esther Ruiz
wiley   +1 more source

The Role of Macroprudential Policies in the Institutional Transformation Process: A Conceptual Assessment on Emerging Market Economies

International Journal of Public Finance
This study investigates the role of macroprudential policies in the institutional transformation of emerging market economies through a comparative analysis of Turkey, Brazil, and Indonesia.
Hamza Özçiftçi
doaj   +1 more source

Noisy Politics, Quiet Technocrats: Strategic Silence by Central Banks

Regulation &Governance, EarlyView.
ABSTRACT In contrast to the “quiet” politics of the pre‐2008 period, macroeconomic policy has become “noisy”. This break raises a question: How do independent agencies designed for quiet politics react when a contentious public turns the volume up on them?
Benjamin Braun, Maximilian Düsterhöft
wiley   +1 more source

The Relationship Between Welfare and Capital Controls

Social Policy &Administration, EarlyView.
ABSTRACT This paper investigates the relationship between welfare state and capital flow management. Complementing the literature on the implications of financial globalization for social protection, we argue that the coverage and priorities of welfare states matter more than the amount of spending when it comes to the degree of capital account ...
Martino Comelli, Pedro Perfeito da Silva
wiley   +1 more source

Macroprudential policy and the probability of a banking crisis. [PDF]

J Policy Model, 2020
Nakatani R.
europepmc   +1 more source

Policy Packages and Policy Space: Lessons from COVID-19. [PDF]

Eur Econ Rev, 2023
Bergant K, Forbes K.
europepmc   +1 more source

Advancing Sustainable Industrialization Under SDG 9: The Role of Financial Globalization and Income Inequality

Sustainable Development, Volume 34, Issue 4, Page 5882-5901, August 2026.
ABSTRACT This paper investigates how income inequality and financial globalization shape sustainable industrialization across 87 countries over 2000–2022, using the SDG 9 composite index as the outcome and the Method of Moments Quantile Regression (MMQR) to capture heterogeneous effects.
Özge Kozal, Daniel Balsalobre‐Lorente
wiley   +1 more source