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 …

The recent financial crisis has highlighted the need to go beyond a purely micro approach to financial regulation and … financial regulation has grown considerably. The policy debate is focusing in particular on macroprudential tools and their …

The recent financial crisis has highlighted the need to go beyond a purely micro approach to financial regulation and … financial regulation has grown considerably. The policy debate is focusing in particular on macroprudential tools and their …

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 …

This paper provides an overview of the Reserve Bank of India's approach to macroprudential regulation and systemic risk … information. Macroprudential regulation is an inexact science with limitations and needs to be used in conjunction with other …