Results 171 to 180 of about 757 (212)

Science and technical priorities for private sector action to address biodiversity loss. [PDF]

open access: yesPhilos Trans R Soc Lond B Biol Sci
McKenzie EJ   +4 more
europepmc   +1 more source

Accounting for climate transition risk in banks' capital requirements.

open access: yesJ Financ Stab
Alessi L   +3 more
europepmc   +1 more source

Macroprudential Regulation of Investment Funds

SSRN Electronic Journal, 2022
The investment fund sector, the largest component of the non-bank financial system, is growing rapidly and the economy is becoming more reliant on investment fund financial intermediation. This paper builds a dynamic stochastic general equilibrium model with banks and investment funds.
Di Iasio, Giovanni   +2 more
openaire   +2 more sources

Macroprudential Regulation: A Risk Management Approach

SSRN Electronic Journal, 2023
We address the problem of regulating the size of banks' macroprudential capital buffers by using market-based estimates of systemic risk and by developing a modeling mechanism through which capital buffers can be allocated efficiently across systemic banks.
van Wijnbergen, Sweder   +1 more
openaire   +2 more sources

Macroprudential Regulation and Misallocation

SSRN Electronic Journal, 2016
In this paper, we study the macroeconomic effects of banking capital requirements. We provide a theoretical explanation for why decreasing capital requirements may lead to lower average leverage ratio among banks. This counterintuitive result is an outcome of the general equilibrium effects on interest rates, which affects capital allocation across ...
David Alejandro Pérez Reyna   +2 more
openaire   +2 more sources

(Un)intended Consequences of Macroprudential Regulation

SSRN Electronic Journal, 2021
The chapter examines the effects of several macroprudential tools on household choices in the mortgage market. In recent years, following the global financial crisis, central banks have imposed macroprudential policy tools on mortgage loans in order to protect the banking system from systemic risk associated with highly leveraged homeowners.
Yevgeny Mugerman, Moran Ofir
openaire   +2 more sources

Aggregate Investment Externalities and Macroprudential Regulation

Journal of Money, Credit and Banking, 2012
Evidence suggests that banks tend to lend a lot during booms and very little during recessions. We propose a simple explanation for this phenomenon. We show that instead of dampening productivity shocks, the banking sector tends to exacerbate them, leading to excessive fluctuations of bank credit, output, and asset prices.
Hans Gersbach   +3 more
openaire   +6 more sources

Macroprudential Regulations in Andean Countries

SSRN Electronic Journal, 2013
The importance of having in place a financial regulatory framework that includes macro-prudential regulations was fully recognized during the recent global financial crisis. A central lesson from that episode was that relying on regulations that solely assessed the risks that financial institutions were taking on their individual balance sheets (a ...
Arturo Galindo   +2 more
openaire   +2 more sources

Systemic Risk and Macroprudential Regulation

2012
During the recent crisis microprudential regulation of the banking system turned out to be unable to maintain financial stability largely because it did not recognize the problem of systemic risk. This chapter discusses in detail the sources of systemic risk, their importance for financial stability and the macroprudential policies that are necessary ...
Elena Carletti, Franklin Allen
openaire   +2 more sources

Optimal macroprudential regulation tools

Finance and Credit, 2020
Subject. This article examines the hypothesis that microprudential and monetary policies are not able to provide measures to prevent excessive lending and guarantee the ability of financial institutions to cope with the growing credit bubble. Objectives. The article examines approaches to identifying viable macroprudential policy options and an optimal
openaire   +1 more source

Home - About - Disclaimer - Privacy