Results 91 to 100 of about 1,592 (224)
Macroprudential Regulation - What, Why and How? [PDF]
, 2014 This paper reviews recent literature on the theoretical foundations of macroprudential regulation. We identify six categories of market failures that give rise to macroprudential concerns; pecuniary externalities, interconnectedness externalities ...
Ellingsrud, Sigmund +2 more
core
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 +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
Investigating the relationship between monetary policy, macro-prudential policy and credit risk in Indonesia banking industry. [PDF]
Heliyon, 2023 Anwar CJ +5 more
europepmc +1 more source
Credit growth and financial stability in the Czech Republic [PDF]
The Czech Republic had experienced a credit boom similar to those in other converging economies in the pre-crisis years. Nevertheless, the consequences of this credit boom were limited as was the impact of the global crisis on domestic financial ...
Gersl, Adam, Seidler, Jakub, Frait, Jan
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Noisy Politics, Quiet Technocrats: Strategic Silence by Central Banks
Regulation &Governance, EarlyView.ABSTRACT In contrast to the “quiet” politics of the pre‐2008 period, macroeconomic policy has become “noisy”. This break raises a question: How do independent agencies designed for quiet politics react when a contentious public turns the volume up on them?
Benjamin Braun, Maximilian Düsterhöft
wiley +1 more source
Forecasting House Prices: The Role of Market Interconnectedness
Journal of Forecasting, Volume 45, Issue 4, Page 1847-1877, July 2026.ABSTRACT While the existing research uncovers interconnections between various housing markets, it largely ignores the question of whether such linkages can improve house price predictions. To address this issue, we proceed in two steps. First, we forecast disaggregated house price growth rates from Australia and China to determine whether ...
Zac Chen +3 more
wiley +1 more source
Macro-prudential View of Financial Stability
Economic Analysis, 2017 The paper points out the key features of "macro prudential" new framework, accepted by all relevant international institutions, in an effort to mitigate the externalities that can lead to vulnerability of the financial system and trigger a systemic risk.
Dragan Momirović, Dragan Zdravković
doaj
Does macroprudential policy alleviate the adverse impact of COVID-19 on the resilience of banks? [PDF]
J Bank Financ, 2023 Igan D, Mirzaei A, Moore T.
europepmc +1 more source
Public credit registries as a tool for bank regulation and supervision [PDF]
This paper is about the importance of the information in Public Credit Registries (PCRs) for supporting and improving banking sector regulation and supervision, particularly in the light of the new approach embodied in Basel III.
Girault, Matias Gutierrez, Hwang, Jane
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