in macroprudential capital regulation. Our findings suggest a dichotomy between country groups. In peripheral countries … core countries, the cyclically adjusted primary balance ratio barely reacts to a sudden tightening in capital regulation. …

in macroprudential capital regulation. Our findings suggest a dichotomy between country groups. In peripheral countries … core countries, the cyclically adjusted primary balance ratio barely reacts to a sudden tightening in capital regulation. …

We explore how changes in capital-based macroprudential regulation in the euro area affect the exposure of national …

macroprudential regulation of banks' capital requirements and fiscal rules. We hypothesize that a conflict occurs between the … regulation shock. We find that peripheral euro area governments increase their debt following an unanticipated tightening in … macroprudential capital regulation. This result indicates that the macroprudential treatment is at odds with constitutional fiscal …

We explore how changes in capital-based macroprudential regulation affect theexposure of national banking sectors to …

regulation, recovery and resolution, and risk culture. …

regulation did not take the "big picture" of the system suffciently into account and, subsequently, financial supervision mainly … "missed the forest for the trees". As a result, the need for macroprudential aspects of regulation emerged, which has recently … macroprudential regulation in creating stable, yet effcient financial systems. At the same time, I emphasize the importance of …

We explore how changes in capital-based macroprudential regulation in the euro area affect the exposure of national …