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

financial tranquility always call for more stringent regulation over time? We examine this question using a simple portfolio … optimal regulation/macroprudential policy. Our paper implies that policymakers should not only consider the cyclical …

literature however suggests an opposite effect related to regulation, with tighter regulations encouraging foreign lending …

, and effective regulation. Recent developments suggest that regulatory approaches and their legal foundations need to … augment entity-based regulation with increasing focus on activities and risks as market structure changes. This paper draws on …

This paper examines the relationship between financial regulation and the current account in an intertemporal model of … the current account where financial regulation affects the current account through liquidity constraints. Greater … tested with an interacted panel VAR model where the coefficients are allowed to vary with the degree of financial regulation …

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 …