Search Results - subject:"macroprudential policies"

Cross-border spillover effects of macroprudential policies: A conceptual framework

Kok Sørensen, Christoffer; Reinhardt, Dennis - 2020

macroprudential policies have the potential to create material cross-border spillover effects. This occasional paper provides a … detailed overview of the academic and empirical literature on cross-border effects of macroprudential policies. It also …

Persistent link: https://www.econbiz.de/10012521146

Macroprudential policies in CESEE : an intensity-adjusted approach

Eller, Markus; Martin, Reiner; Schuberth, Helene; … - In: Focus on European economic integration (2020) 2, pp. 65-81

Persistent link: https://www.econbiz.de/10012301495

Exchange rates and domestic credit : can macroprudential policy reduce the link?

Nier, Erlend Walter; Thorvardur Tjörvi Ólafsson; … - 2020

prior tightening of macroprudential policies dampens this effect. These results are strong for small open economies, and …

Persistent link: https://www.econbiz.de/10012302058

One shock, many policy responses

Mano, Rui; Sgherri, Silvia - 2020

Policymakers have relied on a wide range of policy tools to cope with capital flow shocks. And yet, the effects and interaction of these policies remain under debate, as does the motivation for using them. In this paper, quantile local projections are used to estimate the entire distribution of...

Persistent link: https://www.econbiz.de/10012170084

How should credit gaps be measured? : an application to European countries

Baba, Chikako; Dell'Erba, Salvatore; Detragiache, Enrica; … - 2020

delay the activation of macroprudential policies. We explore two different approaches-a multivariate filter based on …

Persistent link: https://www.econbiz.de/10012170099

Guyana : housing market and implications for macroprudential policies

Chow, Julian T. S. - 2020

Guyana's residential real estate prices have been rising, particularly in the capital city Georgetown, following the discovery of oil in 2015. In line with the growing demand for housing, commercial banks' housing loans have increased, prompting higher household debt. This paper presents two...

Persistent link: https://www.econbiz.de/10012170146

Macroprudential policies, economic growth, and banking crises

Belkhir, Mohamed; Ben Naceur, Samy; Candelon, Bertrand; … - 2020

policies on financial stability. In particular, we examine whether the activation of macroprudential policies is conducive to a … effects that macroprudential policies can have on banking crises. We find that while macro-prudential policies exert a direct … growth reveals, however, that macroprudential policies have a positive net effect on financial stability (lower likelihood of …

Persistent link: https://www.econbiz.de/10012251372

Synergies between monetary and macroprudential policies in Thailand

Fukunaga, Ichiro; Saenz, Manrique - 2020

A dynamic stochastic general equilibrium (DSGE) model tailored to the Thai economy is used to explore the performance of alternative monetary and macroprudential policy rules when faced with shocks that directly impact the financial cycle. In this context, the model shows that a monetary policy...

Persistent link: https://www.econbiz.de/10012251910

Dampening global financial shocks : can macroprudential regulation help (more than capital controls)?

Bergant, Katharina; Grigoli, Francesco; Hansen, … - 2020

We show that macroprudential regulation can considerably dampen the impact of global financial shocks on emerging markets. More specifically, a tighter level of regulation reduces the sensitivity of GDP growth to VIX movements and capital flow shocks. A broad set of macroprudential tools...

Persistent link: https://www.econbiz.de/10012252052

Cross-border spillover effects of macroprudential policies : a conceptual framework

Kok Sørensen, Christoffer; Reinhardt, Dennis - Europäische Zentralbank / Task Force on Cross-Border … - 2020

Persistent link: https://www.econbiz.de/10012254361