This paper describes how behavioral elements are relevant to financial supervision,regulation, and central banking. It …

This paper investigates macroprudential policy effects on bank systemic risk and the role of inflation targeting in …-dependent dynamic panel regression results point to complementarities between monetary and macroprudential policies. We find that the … tightening of most macroprudential tools—including DSTI and LTV limits, and capital requirements—reduces bank systemic risk …

(SE losses) into macroprudential stress testing. SE losses are measured using a reduced-form model to value financial …

widely used prudential tools, taking into account both macro-prudential and micro-prudential objectives.The database coverage …

We show that macroprudential regulation can considerably dampen the impact of globalfinancial shocks on emerging … markets. More specifically, a tighter level of regulation reducesthe sensitivity of GDP growth to VIX movements and capital … andliquidity, foreign currency mismatches, and risky forms of credit. We also find that tightermacroprudential regulation allows …

How does monetary policy impact upon macroprudential regulation? This paper models monetary policy's transmission to … policy affects financial stability, even in the presence of macroprudential regulation … bank risk taking, and its interaction with a regulator's optimization problem. The regulator uses its macroprudential tool …