countercyclical capital buffer are effective in dampening the adverse consequences of firm risk shocks. …

regulatory structures across countries affect decisions to use the countercyclical capital buffer (CCyB). After controlling for …

policy, and inflation control is subordinate. This article notes that the same is true of macroprudential policy, and it … characterizes the size and sign of its fiscal footprint, as well as the states of the world in which the temptation for fiscal goals … to dominate may be higher. Macroprudential policies that increase the demand for government bonds by banks directly lower …

of macroprudential instruments addressing mortgage credit. The model compares the introduction of a loan-to-value ratio … (LTV), a countercyclical capital buffer (CCyB)-style rule and sectoral constraints similar to sectoral risk weights. The …