Using a sample of pairwise bank lending from source countries to recipient countries, we find mixed evidence on how macroprudential policies implemented by different counterparties affect the incidence of extreme episodes (i.e. surges or sudden stops) in international bank flows. Tighter...

Slow global economic growth, frequent fluctuations in international financial markets, and increasing wealth disparity have become common concerns facing the globe. Risk prevention and stable economic growth have become the basic requirements for high-quality economic development, and...