Results 11 to 20 of about 16,676 (269)
Macroprudential Policy Interlinkages [PDF]
SSRN Electronic Journal, 2021 AbstractThe IMF recently updated its institutional view on capital flow management and macroprudential policies for emerging markets (EMs). The framework advocates a variety of prudential tools to deal with generally complex and heterogeneous financial flows. This paper provides a normative justification for this integrated approach when investors have
FRB of Kansas City Submitter +1 more
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Evaluating Macroprudential Policies [PDF]
SSRN Electronic Journal, 2018 Macroprudential policy is a relatively new policy field. Its goal is to preserve financial stability and to prevent the build-up of systemic risk that may have adverse effects for the functioning of the financial system and for the real economy. New institutions have been tasked with the implementation of macroprudential policies, and new policy ...
Buch, Claudia M. +2 more
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Economic and Business Review, 2021 In this study, we analyze the effects of macroprudential measures on bank lending in the European Union. We develop several dedicated macroprudential policy indices reflecting different policy actions taken by the authorities in individual member ...
Aida Ćehajić, Marko Košak
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The Impact of Macroprudential Policy on Credit Growth in Nine Euro Area Economies
Naše Gospodarstvo, 2023 In this paper, we investigate the impact of macroprudential policy measures (bundled together into a macroprudential policy index, MPI) on the non-financial corporate sector credit and household credit growth using a one-step system GMM empirical ...
Lorenčič Eva +2 more
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The framework for financial stability: Serbian and Ukrainian approaches [PDF]
Economic Horizons, 2015 The development and implementation of any policy require the creation of preconditions for ensuring the independence of such a policy. In order to provide such preconditions, it is necessary to build up an institutional framework and regulate the key ...
Maryna Nikonova
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Coordination Effects and Optimal Policy Choices of Macroprudential Policy and Monetary Policy
Complexity, 2020 Considering three monetary policy rules, together with two endogenous macroprudential policies that are credit constraints (loan to value, LTV) for households and counter-cyclical capital (capital requirement ratio, CRR) for bankers, this paper ...
Haifeng Pan, Dingsheng Zhang
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Macroprudential policy and bank systemic risk [PDF]
, 2020 This paper investigates the effectiveness of macroprudential policy to contain the systemicrisk of European banks between 2000 and 2017. We use a new database (MaPPED) collected by experts at the ECB and national central banks with narrative ...
Meuleman, Elien, Vander Vennet, Rudi
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Monetary and Macroprudential Policies under Dollar‐Denominated Foreign Debt [PDF]
Journal of Money, Credit and Banking, EarlyView.Abstract This paper studies monetary and macroprudential policies in a small open economy that borrows from abroad in foreign currency. The model features a novel mechanism in which exchange rate depreciation triggered by a borrowing constraint is amplified through balance of payments adjustments, increasing the real burden of foreign debt and causing ...
Hidehiko Matsumoto
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Monetary and Macroprudential Policy and Welfare in an Estimated Four‐Agent New Keynesian Model
Journal of Money, Credit and Banking, EarlyView., 2023 Abstract We examine the social and agent‐specific welfare effects of monetary and macroprudential policy in a four‐agent estimated macro‐economic model comprising “banked simple households,” “underbanked simple households,” “firm owners,” and “bank owners.” Optimal capital requirement and loan loss provisions ratios improve all agent‐specific and ...
GEORGE J. BRATSIOTIS, KASUN D. PATHIRAGE
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Financial Innovation, 2021 The study empirically assesses how macroprudential policy interacts with systemic risk, industrial production, and monetary intervention on a global level from January 2006 to December 2018.
Mikhail I. Stolbov +2 more
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