regulation did not take the "big picture" of the system suffciently into account and, subsequently, financial supervision mainly … "missed the forest for the trees". As a result, the need for macroprudential aspects of regulation emerged, which has recently … macroprudential regulation in creating stable, yet effcient financial systems. At the same time, I emphasize the importance of …

We evaluate the impact of mortgage regulation on credit volumes, household balance sheets and the reaction to adverse … illustrate this further by documenting that households affected by the regulation are more likely to sell their home when …

sector fragility, bank stability, activity restrictions, capital regulation stringency, and banking supervision independence … capital regulation stringency and the independence of banking supervisory authorities weakened in countries where an increase …

This paper examines the macroprudential roles of bank capital regulation and monetary policy in a Dynamic Stochastic … toolkit. Following credit shocks, countercyclical bank capital regulation is more effective than monetary policy in promoting … financial, price and overall macroeconomic stability. For supply shocks, macroprudential regulation combined with a strong …

institutions, or shadow banks, may not fall under their jurisdiction. We study the effects of tightening commercial bank regulation …

capital in excess of minimum capital requirement regulation. Empirically, banks do not adjust their lending portfolio dollar …

that can capture the UK policy stances for 1993-2016. This suggests post-crisis regulation has been overly intrusive …