Using an international sample of 95 banks from 21 European and North American countries spanning from 2008 to 2014, this paper assesses the effectiveness of a large set of general and housing macro-prudential policies in controlling banks' systemic importance and risk-taking incentives....

Using an international sample covering more than 50 countries over 20 years, we assess the impact of national culture on macroprudential policy actions. The empirical findings indicate that macroprudential policies are tighter in more uncertainty-avoiding and long-term-oriented countries,...