Results 41 to 50 of about 3,865,061 (285)
An Overview of Macroprudential Policy in the European Union Countries in the Last Decade [PDF]
Ovidius University Annals: Economic Sciences Series, 2021 Macroprudential policy is a research topic that has been intensely approached in recent years. The analyses present in the economic literature covers several aspects and aims to clarify the management and functioning of the macroprudential policy, to ...
Adina Criste, Iulia Lupu
doaj
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
wiley +1 more source
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
doaj +1 more source
Macroprudential Policies and Financial Stability* [PDF]
Economic Record, 2009 This article attempts to assess to what extent the central bank or the government should respond to developments that can cause financial instability, such as housing or asset bubbles, overextended budgetary policies or excessive public and household debt.
Hallett, Andrew Hughes. +2 more
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Monetary Policy, Macroprudential Policy and Financial Stability
Social Science Research Network, 2022 Recent research developed under the ECB research task force on Monetary Policy, Macroprudential Policy and Financial Stability highlights the existence of trade-offs and spillovers that monetary policy and macroprudential authorities face when deciding ...
L. Laeven +2 more
semanticscholar +1 more source
The Anatomy of the Transmission of Macroprudential Policies [PDF]
SSRN Electronic Journal, 2019 ABSTRACTWe analyze how regulatory constraints on household leverage—in the form of loan‐to‐income and loan‐to‐value limits—affect residential mortgage credit and house prices as well as other asset classes not directly targeted by the limits. Loan‐level data suggest that mortgage credit is reallocated from low‐ to high‐income borrowers and from urban ...
Fergal McCann +5 more
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Macroprudential Policy with Capital Buffers [PDF]
SSRN Electronic Journal, 2021 The countercyclical capital buffer is part of Basel III, the set of regulatory measures developed in response to the financial crisis of 2007–09. This study focuses on how time-varying capital buffers can address inefficiencies in economies with endogenous financial crises.
openaire +4 more sources
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
doaj +1 more source
Macroprudential Policy on Sharia Banking Financing: The Indonesian Experience
Shirkah, 2019 The locus of macroprudential policy persuading banks has recently attracted significant attention for such research. Whether and to what extent macroprudential policies established by Bank Indonesia against sharia banks have not researched yet in ...
Eko Fajar Cahyono, Lina Nugraha Rani
doaj +1 more source
On the Limits of Macroprudential Policy [PDF]
The B.E. Journal of Macroeconomics, 2016 Abstract This paper studies how macroprudential policy tools applied to the housing market can complement the interest rate-based monetary policy in achieving one additional stabilization objective, defined as keeping either economic activity or credit at some exogenous (and possibly time-varying) levels.
openaire +5 more sources