Lorenčič, Eva; Festić, Mejra - In: Review of Economic Perspectives 21 (2021) 3, pp. 259-290
The aim of this paper is to investigate whether macroprudential policy instru-ments can influence the credit growth rate and hence financial stability. We use a fixed effects panel regression model to test the following hypothesis for six euro area econo-mies (Austria, Finland, Germany, Italy,...