Results 11 to 20 of about 644 (189)
Macroprudential Policy: A Review [PDF]
The School of Public Policy Publications, 2015 The severity and longevity of the recession caused by the 2007 financial crisis has highlighted the lack of a reliable macro-based financial regulation framework.
Mahdi Ebrahimi Kahou, Alfred Lehar
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The effects of macroprudential policy on banks' profitability
International Review of Financial Analysis, 2022 Abstract We estimate the effects of macroprudential policy on bank profitability, using a sample of 7250 global banks over 1990–2018. A number of policy measures have a negative impact on profitability, but these effects vary according to countries' economic development, bank type and time period.
E Philip Davis, Dilruba Karim
exaly +5 more sources
A brief assessment of Turkey's macroprudential policy approach: 2011–2015
Central Bank Review, 2016 The predominant role of cross border financial flows for macroeconomic and financial stability has imposed complex policy trade-offs for emerging economies, especially after the global financial crisis.
Hakan Kara
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Pandemic shocks and macroprudential policy [PDF]
Oxford Economic Papers, 2023 Abstract We introduce an extended borrower–saver DSGE (Dynamic Stochastic General Equilibrium) model, where classifications of occupations are split further into two subcategories, according to whether their occupation is directly “affected” by a pandemic shock.
Bratsiotis, George John; id_orcid 0000-0001-8740-6254 +1 more
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Macroprudential policy and financial stability, role and tools [PDF]
Financial Markets, Institutions and Risks, 2020 The aim of macroprudential policy is to ensure financial stability by avoiding the outbreak of banking crises, which have a dangerous effect on the economy.
Mehdi Bouchetara +2 more
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Macroprudential Policy Versus Other Economic Policies
Croatian Economic Survey, 2021 After the global financial crisis of 2007, macroprudential policy instruments have gained in recognition as a crucial tool for enhancing financial stability.
Eva Lorenčič, Mejra Festić
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Monetary and Macroprudential Policies [PDF]
SSRN Electronic Journal, 2011 We use a dynamic general equilibrium model featuring a banking sector to assess the interaction between a countercyclical macroprudential policy and monetary policy. We find that in “normal” times (when the economic cycle is mainly driven by supply shocks) macroprudential policy generates only modest benefits relative to a “monetary policy-only” world.
Angelini, Paolo +2 more
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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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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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A Primer on Macroprudential Policy [PDF]
The Journal of Economic Education, 2015 This article introduces macroprudential policy using a static New Keynesian Macroeconomics model with financial frictions. Researchers analyze two related questions: First, they show how the procyclicality 5 of financial factors, captured by the financial accelerator, amplifies the transmission of supply and demand shocks and impacts the intuition they
Poutineau, Jean-Christophe +1 more
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