Macroprudential policies
Heterogeneous effects of the implementation of macroprudential policies on bank risk
... 12 macroprudential policies on the risk-taking of banks using a large number of countries and ...these policies reduce risk-taking, the effects are quite heterogeneous and vary considerably depending ...
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National macroprudential policies in the Euro Area: flexibility vs supervision
... that macroprudential policies need to be more aggressive in the ...national policies are coordinated and supervised by a supranational authority, which ensures that union welfare is maximized, ...
12
Spain and the crisis: housing prices, credit, and macroprudential policies
... on macroprudential policies has proposed Taylor-type rules for the LTV ratio so that it reacts inversely to variables such that the growth rates of GDP, credit, the credit-to-GDP ratio or house ...a ...
30
Monetary and macroprudential policies under fixed and variable interest rates
... which macroprudential policies interact with monetary policy as in Kannan et ...of macroprudential policies nor a¤ect …nancial ...and macroprudential policies should be conducted ...
40
Macroprudential Policies in Managing Systemic Risk: A review
... In the study as depicted in table 4.1, the greatest usage of macroprudential policies can be seen in the emerging countries. This pattern is consistent with the bigger needs in emerging markets, both for ...
15
Credit growth and macroprudential policies:
... of macroprudential policies on firm-level credit growth across a number of ...various macroprudential policies in 119 countries over the period of ...borrower-based policies and ...
20
Macroprudential Policies and Housing Prices: A New Database and Empirical Evidence for Central, Eastern, and Southeastern Europe Discussion of Vandenbussche, Vogel, and Detragiache
... to macroprudential policies differently depending on how much competition they face, as they react differently in their risk-taking across different competitive environments depending on the regulatory ...
5
A DSGE Model for China’s Monetary and Macroprudential Policies
... useful macroprudential tool for China’s financial stability, and the required reserve ratio could be used as an instrument for both ...Whether macroprudential policy complements or conflicts with monetary ...
37
Macroprudential and monetary policy rules: a welfare analysis
... on macroprudential policies has proposed Taylor- type rules for the LTV ratio so that it reacts inversely to variables such that the growth rates of GDP, credits, the credit-to-GDP ratio or house ...a ...
31
Impact of Global Low Interest Rates to the Capital Flows and Financial Vulnerability of Small Open Economies
... liability-related macroprudential policy limiting excessive foreign debt (45) experiences smaller movements in real exchange rate, capital inflows, foreign debt and financial leverage than the economy with the ...
20
Incentives through the cycle: microfounded macroprudential regulation
... While macroprudential issues were increasingly debated before the eruption of the crisis (Crockett (2000), Bo- rio (2003)), they were mainly confined to macroprudential analysis, with almost no room for ...
18
Coordination Incentives in Cross Border Macroprudential Regulation
... bespoke policies designed by, and in the interests of, the biggest and most influential country ...“common” policies is quite hard to ...national macroprudential poli- cies that each national ...
23
Macroprudential Instruments in Western European and World Countries
... In China, reserve requirements have been "adjusted," i.e. each financial institution gets assigned a singular ratio that depends on systemic performance. The LTV requirements for first and second homes decisively ...
17
The interdependence of monetary and macroprudential policy under the zero lower bound National Bank of Belgium Working Paper No 310
... In the absence of CCB, the LATW policy does not have a significant effect on the banks’ productivity cutoff due to the absence of capital requirements – the capital ratio remains constant. While the CCB policy directly ...
38
Incentives through the cycle: microfounded macroprudential regulation
... new macroprudential orientation has been undoubtedly one of the key blocks of the reform ...a macroprudential orientation focuses policy on avoiding damage to the financial system as a whole with an eye to ...
17
1. Financial Regulation: A Macroprudential Policy Approach
... new macroprudential tools aimed at making the financial system more resilient (Mester, ...different policies to promote financial ...Controls, Macroprudential policies and Early Warning ...
8
The Introduction of Macroprudential Measures for the Irish Mortgage Market
... that macroprudential policies such as LTV and LTI/DTI limits can be effective in reducing these risks by limiting the pro-cyclicality of house prices, credit and leverage and lowering the probability of ...
28
Global Banking and the Conduct of Macroprudential Policy in a Monetary Union
... We also evaluate the interest of adopting provisional measures to affect cross border lending directly, through targeting capital inflows in the CCB. This solution, as envisaged by Jeanne and Korinek (2010), Brunnermeier ...
37
Macroprudential Regulation and the Role of Monetary Policy
... evaluate macroprudential policies in a framework capable of generating a negative relationship between the loan rate spread and GDP, without relying on the costly state veri…cation mechanism and bor- ...
38
Macroprudential Policy and Credit Supply
... of macroprudential policies, no empirical study so far has estimated the impact of a time-varying macroprudential policy tool on the supply of credit and the associated spillovers on real activity in ...
14