Results 81 to 90 of about 669 (197)

Financial spillovers, spillbacks, and the scope for international macroprudential policy coordination. [PDF]

Int Econ Econ Policy, 2022
Agénor PR, Pereira da Silva LA.
europepmc   +1 more source

The Biodiversity‐Finance Nexus: A Systematic Review of Nature‐Related Risks in Financial Institutions

Journal of Economic Surveys, EarlyView.
ABSTRACT Nature and biodiversity loss have recently gained prominence as a critical dimension of environmental risk for the financial sector. Unlike climate change, integrating biodiversity considerations into financial decision‐making is far more intricate and methodologically heterogeneous.
Carlo Confalonieri, Danilo Abis, Niccolò Nirino, Patrizia Pia   +3 more
wiley   +1 more source

The Moderating Effect of Macroprudential Policies on the Relationship Between the Effectiveness of the Board of Directors in Shaping the Bank's Risk-Taking Behavior

Almana: Jurnal Manajemen dan Bisnis
Macroeconomic instability in 2020 caused by COVID-19 can affect the stability of the country's financial system and trigger risks to banking performance.
Putri Fariska, Alia Khaerunisa
doaj   +1 more source

In the Quest of Macroprudential Policy Tools [PDF]

, 2011
The global …nancial crisis of late 2008 could not have provided more con- vincing evidence that price stability is not a su¢ cient condition for …nancial stability. In order to attain both, central banks must develop macropruden- tial instruments in order to prevent the occurrence of systemic risk episodes.
openaire   +2 more sources

Twin Defaults and Bank Capital Requirements

The Journal of Finance, EarlyView.
ABSTRACT We examine optimal capital requirements in a quantitative general equilibrium model with banks exposed to nondiversifiable borrower default risk. Contrary to standard models of bank default risk, our framework captures the limited upside, but significant downside risk of loan portfolio returns.
CATERINA MENDICINO, KALIN NIKOLOV, JUAN RUBIO‐RAMIREZ, JAVIER SUAREZ, DOMINIK SUPERA   +4 more
wiley   +1 more source

Testing Distributional Granger Causality With Entropic Optimal Transport

Journal of Time Series Analysis, EarlyView.
ABSTRACT We develop a novel nonparametric test for Granger causality in distribution based on entropic optimal transport. Unlike classical mean‐based approaches, the proposed method directly compares the full conditional distributions of a response variable with and without the history of a candidate predictor.
Tao Wang
wiley   +1 more source

Too Much Finance Redux

The Manchester School, EarlyView.
ABSTRACT This paper revisits the “too much finance” hypothesis by reassessing the relationship between financial depth and economic growth using an expanded dataset (1960–2019) and a systematic estimation strategy that avoids reliance on any single, potentially arbitrary sample window.
Jean‐Louis Arcand, Enrico Berkes, Ugo Panizza   +2 more
wiley   +1 more source

Macroprudential Policy and Urban Economic Resilience: Evidence from Chinese Cities

Systems
Macroprudential policy, as an important instrument for counter-cyclical regulation, plays a crucial role in enhancing urban economic resilience. Based on this, this paper empirically examines the influence of macroprudential policy on urban economic ...
Leyi Wang, Guozhen Zhang, Yulu Sun
doaj   +1 more source

Macroprudential and Microprudential Policies: Toward Cohabitation

Staff Discussion Notes, 2013
Effective arrangements for micro and macroprudential policies to further overall financial stability are strongly desirable for all countries, emerging or advanced. Both policies complement each other, but there can also be potential areas of overlap and conflict, which can complicate this cooperation.
Osinski, J., Seal, K., Hoogduin, L.
openaire   +4 more sources