Results 101 to 110 of about 3,865,061 (285)
The Fiscal Footprint of Macroprudential Policy
Monetary policy leaves a fiscal footprint. In some circumstances, relieving the fiscal burden becomes the main goal of policy, and inflation control is subordinate.
R. Reis
semanticscholar +1 more source
South Africa’s 2003–2013 credit boom and bust: Lessons for macroprudential policy
We evaluate South African financial stability policy from 2003 to 2013 – the country’s most significant credit boom and bust cycle. This cycle overlapped with both rising bank capital adequacy ratios and the global financial crisis of 2007/8.
H. Hollander, R. Havemann
semanticscholar +1 more source
Global liquidity, house prices and policy responses [PDF]
The paper investigates the impact of global liquidity on house prices around the world using a novel proxy measured by the funding availability to global banks in the main financial centers.
Banti, C., Phylaktis, K.
core +2 more sources
Central Banks’ Support for Climate Action: A Literature Review and Key Issues
ABSTRACT This comprehensive literature review examines the role of central banks in supporting climate actions. It explores the reasons why central banks should be concerned about climate change, the policy instruments available to them, the challenges they face in integrating climate considerations into their mandates and operations, and the ...
Iegor Vyshnevskyi, Wook Sohn
wiley +1 more source
Exchange Rates and Domestic Credit-Can Macroprudential Policy Reduce the Link?
This paper examines empirically the role of macroprudential policy in addressing the effects of external shocks on financial stability. In a sample of 62 economies over the period of 2000: Q1–2016: Q4, our dynamic panel regressions show that an ...
Erlend W. Nier+2 more
semanticscholar +1 more source
Macroprudential Policy in Asian Economies [PDF]
This paper analyzes the conduct and effects of macroprudential policy in 11 Asian economies. Of these, India, the People’s Republic of China, and the Republic of Korea frequently used loan-to-value ratios and required reserve ratios even before the global financial crisis.
openaire +5 more sources
Abstract Why did a group of eight central bankers and financial supervisors from across the globe create a Network for Greening the Financial System in 2017? Why did they design this network as they did? The founders were an uncommon coalition, led by French financial authorities working closely with their Dutch, British, and Chinese counterparts, and ...
Eric Helleiner+2 more
wiley +1 more source
Noisy Politics, Quiet Technocrats: Strategic Silence by Central Banks
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 Impact of Macroprudential Policy Instruments on Financial Stability in Southern Europe
This paper is a contribution to the body of research examining the impact of macroprudential policy instruments on financial stability. The following hypothesis was tested (H1): Macroprudential policy instruments (household borrowing costs; interbank ...
Lorenčič Eva, Festić Mejra
doaj +1 more source
Macroprudential Policy, Mortgage Cycles and Distributional Effects: Evidence from the UK
Macroprudential regulators worldwide have introduced regulations to limit household leverage in light of existing evidence which suggests that high leverage is associated with household distress during crisis.
J. Peydró+3 more
semanticscholar +1 more source