Results 11 to 20 of about 10,468 (236)
Principles for Macroprudential Regulation [PDF]
The drafting of macroprudential regulation is largely being driven by the need by policy makers to meet timetables that have been agreed. The legislative drive is taking place without any clear theoretical framework to organise the objectives. In this article we propose two principles that any satisfactory framework ought to respect and then describe ...
Kashyap, A. K. +2 more
openaire +2 more sources
Macroprudential Policy: A Review [PDF]
The severity and longevity of the recession caused by the 2007 financial crisis has highlighted the lack of a reliable macro-based financial regulation framework.
Mahdi Ebrahimi Kahou, Alfred Lehar
doaj +4 more sources
The framework for financial stability: Serbian and Ukrainian approaches [PDF]
The development and implementation of any policy require the creation of preconditions for ensuring the independence of such a policy. In order to provide such preconditions, it is necessary to build up an institutional framework and regulate the key ...
Maryna Nikonova
doaj +1 more source
Effectiveness of Macroprudential Policy: Problems of Measurement and Evaluation
The macroprudential policy of central banks plays a key role in ensuring financial stability not only at the level of individual states but also on the scale of the entire global economy.
G. G. Gospodarchuk, E. S. Zeleneva
doaj +1 more source
Capital controls or macroprudential regulation? [PDF]
International capital flows can create significant financial instability in emerging economies because of pecuniary externalities associated with exchange rate movements. Does this make it optimal to impose capital controls or should policymakers rely on domestic macroprudential regulation?
Anton Korinek, Damiano Sandri
openaire +2 more sources
Micro-prudential vs Macro-prudential Regulation [PDF]
The recent global financial crisis was caused, among others, by the interaction of micro and macro elements, so it is important for regulatory policies to cover these interactions as the objective is to decrease future crises or at least to minimize ...
Liviu Serbanescu
doaj
Monetary and Macroprudential Policy and Welfare in an Estimated Four‐Agent New Keynesian Model
Abstract We examine the social and agent‐specific welfare effects of monetary and macroprudential policy in a four‐agent estimated macro‐economic model comprising “banked simple households,” “underbanked simple households,” “firm owners,” and “bank owners.” Optimal capital requirement and loan loss provisions ratios improve all agent‐specific and ...
GEORGE J. BRATSIOTIS, KASUN D. PATHIRAGE
wiley +1 more source
MACROPRUDENTIAL AND MICROPRUDENTIAL POLICY IN THE PERSPECTIVE OF LAW NUMBER 21 OF 2011
The establishment of FSA has brought about the consequences of macroprudential policies which are still under the authority of Bank Indonesia while the microprudential policies have been the Auhtority of FSA.
Anita Christiani +1 more
doaj +1 more source
The article examines the evolution of the prudential approach to banking regulation, examines the practical contribution of the Basel Committee on Banking Supervision to the development and implementation of internationally unified practices and ...
D. Yu. Desyatnichenko +2 more
doaj +1 more source
The authors investigate the role of money in the reproduction process from the perspective of a functional approach, including the influence of external factors.
M. A. Abramova +2 more
doaj +1 more source

