Results 71 to 80 of about 16,676 (269)
EconomiesInteractions between monetary and macroprudential policy are crucial in safeguarding price and financial stability. This study investigates the macroeconomic and financial impacts of monetary and macroprudential policy interactions in South Africa, a ...
Khwazi Magubane +1 more
doaj +1 more source
The International Impact of Macroprudential Policies [PDF]
, 2021 Doriane Intungane
openalex +1 more source
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
openaire +3 more sources
Monetary and macroprudential policies [PDF]
We use a dynamic general equilibrium model featuring a banking sector to assess the interaction between macroprudential policy and monetary policy. We find that in "normal" times (when the economic cycle is driven by supply shocks) macroprudential policy
Fabio Panetta +2 more
core
Could early warning systems have helped to predict the sub prime crisis? [PDF]
, 2008 One of the features of the sub-prime crisis, that began in August 2007, was its unexpected nature. It came as a surprise not only to most financial market participants but also in some degree to the policy community.
Davis, EP, Karim, D
core +1 more source
Global Factors in Noncore Bank Funding and Exchange Rate Flexibility
Journal of Money, Credit and Banking, EarlyView.Abstract We show that fluctuations in the ratio of noncore to core funding in the banking systems of advanced economies are largely driven by three global factors of both real and financial natures, with country‐specific factors playing only a minor role. Exchange rate flexibility helps insulate the noncore to core ratio from such global factors.
LUÍS A.V. CATÃO +2 more
wiley +1 more source
Journal of Applied EconomicsThere is a growing consensus on the translation of monetary policy actions into changes in credit demand on account of changes in interest rates. The study investigates monetary policy, macroprudential policy, bank-specific and macroeconomic determinants
Cep Jandi Anwar +4 more
doaj +1 more source
Dependence Modeling, 2019 The relationship between the European stock market and the crude oil depends on the significance of the different industries in the European economy. The literature points to a structural change after the 2008 crisis without getting into details of which
Ferreiro Javier Ojea
doaj +1 more source
Marrying Monetary Policy with Macroprudential Regulation: Exploration of Issues [PDF]
Since the eruption of the global financial crisis in 2008, macroprudential regulation has become a mantra in the regulatory world. The soon-to-be-widespread adoption of macroprudential tools will inevitably affect the dynamics of the economy and ...
Don Nakornthab Phurichai +1 more
core
Macroprudential Policy in the Euro Area
Journal of Money, Credit and Banking, EarlyView.Abstract This paper examines the development and impact of macroprudential policies in the euro area. We construct a novel index that captures the stance of macroprudential policy, and we highlight its main stylized facts since the inception of the euro in 1999. We combine a narrative approach and a structural VAR method to show that both unanticipated
ÁLVARO FERNÁNDEZ‐GALLARDO +1 more
wiley +1 more source