Kang, Heedon; Vitek, Francis; Bhattacharya, Rina; … - 2017
This paper analyzes cross-border macrofinancial spillovers from a variety of macroprudential policy measures, using a … credit spillovers from sectoral macroprudential policy shocks are generally small worldwide, but are regionally concentrated … indicates that countercyclical capital buffer adjustments have the potential to generate sizeable regional spillovers …