Results 81 to 90 of about 4,319,994 (255)
The macroprudential measures for mitigating the effects of the pandemic crisis in tourism economies
Business, Management and Economics Engineering, 2022 Purpose – The paper evaluates the applied macroprudential measures in selected countries by testing their efficiency in tourism and reducing the revenue gap in tourism sector during the pandemic crisis.
Petra Popek Biškupec +2 more
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Bank IPOs and Regulations: Cross‐Country Evidence
Financial Review, EarlyView.ABSTRACT The present paper investigates the effect of banking industry regulations on bank initial public offering (IPO) underpricing. We approach this question from both a micro‐level and macro‐level regulatory perspective. First, we conduct our analysis within a micro framework, focusing on the effect of disclosure rules on IPO underpricing.
Maria‐Eleni K. Agoraki +2 more
wiley +1 more source
Macroprudential policy stance assessment: the case of Croatia
Public Sector EconomicsThis paper contributes to the literature on empirical macroprudential policy (MP) stance assessment. The main purpose of this framework is to evaluate the potential benefits and costs of MP tools and instruments that have been employed in a financial ...
Tihana Škrinjarić
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Economics and Business Review, 2018 The aim of this paper is to identify and assess, on a comparative, intra-country basis, the existing practices and developments in central bank accountability for financial stability, from a new-macroprudential policy-perspective.
Matysek-Jędrych Anna
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Optimal macroprudential policy and rational bubbles
, 2021 We provide a microfounded framework for the welfare analysis of macroprudential policy within a model of rational bubbles. For this, we posit an overlapping generation model where productivity and credit supply are subject to random shocks.
X. Freixas, David Perez-Reyna
semanticscholar +1 more source
JCMS: Journal of Common Market Studies, EarlyView.Abstract Following the global financial crisis, European financial authorities introduced a host of new initiatives intended to advance market integration, improve the quality of bank oversight and enhance both economic stability and prospects for growth.
Dóra Piroska, Rachel A. Epstein
wiley +1 more source
Coordinating Monetary and Macroprudential Policies [PDF]
Journal of Money, Credit and Banking, 2013 This paper studies noncooperative games between a monetary authority and a macroprudential regulator whose objectives are a subset of those in the social loss function. The analysis is based on a New Keynesian model with a financial sector and a financial friction à la Gertler and Karadi (2011). When the friction affects the financing of all factors of
Bianca De Paoli, Matthias Paustian
openaire +3 more sources
Climate‐Neutrality Transition and Banks' Loan Pricing
Journal of Financial Research, EarlyView.Abstract In this paper, we propose a novel methodology to quantify firms' climate‐change transition risk (CCTR) and its implications for credit markets. We utilize the regulatory framework of the European Green Deal's 2050 carbon neutrality roadmap, focusing on large Eurozone firms and their banking relationships.
Evangelos Salachas +2 more
wiley +1 more source
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
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The Theoretical Framework of Macroprudential Policy and its Place in the Scheme of Economic Policy
Public Governance, Administration and Finances Law Review, 2016 Microprudential regulation and supervision – focused on institutional risks – cannot guarantee the stability of the financial system. Therefore special attention should be paid to macroprudential regulation and supervision to address systemic risks.
János Kálmán
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