Results 91 to 100 of about 687 (201)

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 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

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

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 Urban Economic Resilience: Evidence from Chinese Cities

Systems
Macroprudential policy, as an important instrument for counter-cyclical regulation, plays a crucial role in enhancing urban economic resilience. Based on this, this paper empirically examines the influence of macroprudential policy on urban economic ...
Leyi Wang, Guozhen Zhang, Yulu Sun
doaj   +1 more source

Too Much Finance Redux

The Manchester School, Volume 94, Issue 6, Page 614-628, December 2026.
ABSTRACT This paper revisits the “too much finance” hypothesis by reassessing the relationship between financial depth and economic growth using an expanded dataset (1960–2019) and a systematic estimation strategy that avoids reliance on any single, potentially arbitrary sample window.
Jean‐Louis Arcand, Enrico Berkes, Ugo Panizza   +2 more
wiley   +1 more source

Too Much Finance: Mechanisms That Harm Growth and Policy Implications

The Manchester School, Volume 94, Issue 6, Page 642-661, December 2026.
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

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

The Manchester School, Volume 94, Issue 6, Page 592-601, December 2026.
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

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

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

Basel III Capital Requirements and the Growth of Non‐Bank Financial Institutions in South Africa

South African Journal of Economics, Volume 94, Issue 4, December 2026.
ABSTRACT We examine the relationship between the implementation of the Basel III accord and the growth of non‐bank financial institutions and fintech platforms in South Africa. Using difference‐in‐differences estimation procedures, we find evidence consistent with regulatory arbitrage.
Chimwemwe Chipeta, Lerato Mapela
wiley   +1 more source