Coordinating macroprudential policies within the Euro Area: the case of Spain [PDF]
, 2016 In the aftermath of the global financial crisis, there is consensus on the need for macroprudential policies to promote financial stability. However, the optimal way to implement such policies in the Euro area is a question open to debate, given that ...
Akin +46 more
core +1 more source
The effect of bubbles on production: The state of the literature
Journal of Economic Surveys, Volume 39, Issue 3, Page 932-952, July 2025.Abstract In this paper, a comprehensive review is carried out on the strand of the literature related to the effects of bubbles on production, which includes the scarce empirical literature. The content is structured according to the bubble phase, since a major part of the literature considers that during the boom, there can be a crowding‐in effect ...
Cristhian Fernández‐González +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
Macroprudential Policy with Liquidity Panics
The Review of Financial Studies, 2016 Abstract We study the optimality of macroprudential policies in an environment where banks provide liquidity to firms. Informational frictions between banks can cause interbank market freezes, prompting firms to accumulate their own liquid assets.
Garcia-Macia, Daniel, Villacorta, Alonso
openaire +2 more sources
Macroprudential stress-testing practices of central banks in central and south eastern Europe : an overview and challenges ahead [PDF]
Stress tests are the main practical tools of macroprudential oversight. This paper reviews the stress-testing practices of central banks in Central and South Eastern Europe (CSEECBs) and outlines the challenges in the area of stress testing going forward.
Melecky, Martin, Podpiera, Anca Maria
core
The Institutionalist Roots of Macroprudential Ideas: Veblen and Galbraith on Regulation, Policy Success and Overconfidence [PDF]
, 2013 One consequence of the global financial crisis has been to prompt debate over macroprudential regulation – meant to limit private risk-taking that threatens systemic stability.
Baker, A.P., Widmaier, W.
core +1 more source
REFLECTIONS ON THE CREATION OF A NEW ARCHITECTURE OF THE MONETARY AND MACROPRUDENTIAL POLICY PROCESS* [PDF]
Economica, 2019 The article explains the conceptual principles of macro-prudential policy, a new political focus. Such a political concept involves four steps: defining policy objectives for macroprudential policies, choosing intermediate targets and indicators ...
Natalia STEFIRTA
doaj
Macroprudential Policy on Banking Sector in Indonesia
Trikonomika, 2018 This study investigates the implementation of macroprudential policy on banking sector and society. The research applied a descriptive analysis by using an in-depth interview with Bank Indonesia, representative of commercial bank, and society. The result
Feny Putri Emyliani +3 more
doaj +1 more source
Evaluation of central bank independence, macroprudential policy, and credit gap in developing countries. [PDF]
PLoS One, 2023 Anwar CJ +4 more
europepmc +1 more source
Central Bank Review, 2018 This paper proposes a panel VAR model to uncover the effect of monetary policy and macroprudential tightening probability on general purpose loans, housing loans, vehicle loans, credit cards and their respective volatilities in Turkey.
Meltem Gulenay Chadwick
doaj