Bambe, Bao-We-Wal - German Institute of Development and Sustainability - 2025
This paper examines the effect of macroprudential policies on private domestic investment using a panel of 87 … developing countries from 2000 to 2017. Our instrumental variables strategy exploits the geographic diffusion of macroprudential … domestic reforms through peer pressure or imitation effects. The findings indicate that the tightening of macro-prudential …