Results 21 to 30 of about 757 (212)
Macroprudential FX regulations: Shifting the snowbanks of FX vulnerability? [PDF]
SSRN Electronic Journal, 2020 La réglementation macroprudentielle des changes applicable aux banques peut-elle réduire les vulnérabilités financières et macroéconomiques découlant des emprunts en devises? Afin d’évaluer l’efficacité et les conséquences imprévues de cette réglementation, nous avons conçu un modèle parcimonieux des opérations de prêt en monnaie nationale et en ...
Toni Ahnert +3 more
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Macroprudential regulation and the monetary transmission mechanism [PDF]
Journal of Financial Stability, 2014 The paper presents a simple dynamic macroeconomic model of a bank-dominated financial system that captures some of the key credit market imperfections commonly found in middle-income countries. The model is used to analyze the interactions between monetary and macroprudential policies, involving, in the latter case, changes in reserve requirements.
Pierre-Richard Agénor +1 more
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A Macroprudential Approach to Financial Regulation [PDF]
Journal of Economic Perspectives, 2010 Many observers have argued that the regulatory framework in place prior to the global financial crisis was deficient because it was largely “microprudential” in nature. A microprudential approach is one in which regulation is partial equilibrium in its conception and aimed at preventing the costly failure of individual financial institutions.
Anil K. Kashyap +5 more
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Управленческое консультирование, 2022 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
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Macroprudential Regulation — The Missing Policy Pillar [PDF]
National Institute Economic Review, 2010 The recent Sub-Prime crisis has prompted a close focus on the causes of financial instability as well as the issue of whether it can be prevented. There is a growing realisation that the Sub-Prime crisis, although having some important unique features, also had a number of generic aspects in common with earlier financial crises, of which a large number
E. Philip Davis, Dilruba Karim
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MACROPRUDENTIAL AND MICROPRUDENTIAL POLICY IN THE PERSPECTIVE OF LAW NUMBER 21 OF 2011
Justitia Et Pax, 2019 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
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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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Implementing the Macroprudential Approach to Financial Regulation and Supervision [PDF]
, 2011 There is now a widespread recognition in the policy community of the need to strengthen the macroprudential orientation of fi regulatory and supervisory frameworks. At the same time, the usage of the term “macroprudential” remains ambiguous. This essay summarises the specifi c defi nition and characterisation of the term that was developed in the early
Claudio Borio
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Финансы: теория и практика, 2021 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
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Visnyk of the National Bank of Ukraine, 2016 Defining macroprudential authority is one of the key steps in ensuring financial stability. Within the framework of general principles defined by international institutions lie various versions of macroprudential architectures realized by individual ...
Andriy Danylenko, Viktoriia Sanzharovska
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