Search Results - subject:"macro prudential policy"

Kara, A. - In: Atlantic Economic Journal 41 (2013) 1, pp. 51-74

Post-crisis spillovers and heightened capital flows have triggered a search for alternative monetary policy frameworks, especially for small open emerging economies. The Turkish experience since the end of 2010 is an interesting case in this respect. Faced with extreme volatility in cross-border...

Persistent link: https://www.econbiz.de/10010866430

Financial crises and macro-prudential policies

Benigno, Gianluca; Chen, Huigang; Otrok, Christopher; … - In: Journal of International Economics 89 (2013) 2, pp. 453-470

In this paper we study a two-sector production small open economy subject to a collateral constraint in which a financial crisis can arise endogenously and alternate with normal time periods. In this class of models, the scope for policy intervention arises because individual agents do not...

Persistent link: https://www.econbiz.de/10011056314

Leaning against boom–bust cycles in credit and housing prices

Lambertini, Luisa; Mendicino, Caterina; Teresa Punzi, Maria - In: Journal of Economic Dynamics and Control 37 (2013) 8, pp. 1500-1522

This paper studies the potential gains of monetary and macro-prudential policies that lean against house-price and credit cycles. We rely on a model that features Borrowers and Savers and allows for over-borrowing induced by news-shock-driven cycles. We find that policy that responds to changes...

Persistent link: https://www.econbiz.de/10010679085

Assessing systemic risks and predicting systemic events

Lo Duca, Marco; Peltonen, Tuomo - In: Journal of banking & finance 37 (2013) 7, pp. 2183-2195

Persistent link: https://www.econbiz.de/10009760709

Structural reform and supervision of the banking sector in France

Fernandez-Bollo, Édouard - In: Financial market trends (2013) 104, pp. 31-38

Persistent link: https://www.econbiz.de/10010200917

Financial cycles, monetary policy and macroprudential policy in the euro area

Freystätter, Hanna; Putkuri, Hanna; Vauhkonen, Jukka - In: Bulletin / Bank of Finland 87 (2013) 4, pp. 35-47

Persistent link: https://www.econbiz.de/10010203215

Financial crises and macro-prudential policies

Beningo, Gianluca; Chen, Huigang; Otrok, Christopher M.; … - In: Journal of international economics 89 (2013) 2, pp. 453-470

Persistent link: https://www.econbiz.de/10009719580

Systemic risk analytics : a data-driven multi-agent financial network (MAFN) approach

Markose, Sheri M. - In: Journal of banking regulation 14 (2013) 3/4, pp. 285-305

Persistent link: https://www.econbiz.de/10010357111

Efficient Bailouts?

Bianchi, Javier - Departamento de Economía, Facultad de Ciencias Sociales - 2012

This paper develops a non-linear DSGE model to assess the interaction between ex-post interventions in credit markets and the build-up of risk ex ante. During a systemic crisis, bailouts relax balance sheet constraints and mitigate the severity of the recession. Ex ante, the anticipation of such...

Persistent link: https://www.econbiz.de/10010937884

Macro-prudential policy and the conduct of monetary policy.

Beau, D.; Clerc, L.; Mojon, B. - Banque de France - 2011

, the better informed the central bank about macro-prudential policy, the more likely it is to be able to preserve price … achieved by combining an independent monetary policy strictly focused on price stability and an independent macro-prudential … policy leaning against credit growth; (4) the performance of this policy regime, where monetary policy and macro …

Persistent link: https://www.econbiz.de/10010815922