Hecker, Dominik; Jang, Hun; Rubio, Margarita; Verona, Fabio - 2024
In this paper, we design countercyclical capital buffer rules that perform robustly across a wide range of Dynamic Stochastic General Equilibrium (DSGE) models. These rules offer valuable guidance for policymakers uncertain about the most appropriate model(s) for decision-making. Our results...