Macroprudential policy is increasingly being implemented worldwide. Its effectiveness in influencing bank credit and … expected effects of macroprudential policies on bank credit, both for advanced economies and emerging market economies. Yet we …' effect on total credit. Quantity restrictions are particularly potent in constraining bank credit but also cause the …

a tax onshadow bank profits …

-traditional bank activities, and yet others with non-bank lending. Regardless, most think of shadow banking as activities that can …, which require a private or public backstop to operate”. Backstops can come in the form of franchise value of a bank or …

nontraditional bank intermediation or that has a high proportion of foreign banks has in some cases been associated with adverse …

rehypothecation (and the associated re-use of collateral) in the recent crisis indicates that the collapse in non-bank funding to …