Narrow search
Showing 1 - 10 of 12,187
Cover Image
Future of the Economic and Monetary Union
Gortsos, Christos V. - 2022
crisis have affected the conduct of monetary policy by the European Central Bank (ECB) within the Eurosystem, have led to the …
Persistent link: https://www.econbiz.de/10014077291
Cover Image
Financial policy in an exuberant world
Walther, Ansgar - 2020
This paper studies optimal financial policy in a world where the financial sector can become excessively optimistic. I … decompose the welfare effects of bank capital regulation to demonstrate the effects of exuberance and its interaction with … evidence on the relationship between bank capital and risk-taking. Finally, I investigate the sensitivity of these insights …
Persistent link: https://www.econbiz.de/10012178343
Cover Image
The fiscal footprint of macroprudential policy
Reis, Ricardo - 2020
characterizes the size and sign of its fiscal footprint, as well as the states of the world in which the temptation for fiscal goals …
Persistent link: https://www.econbiz.de/10012222608
Cover Image
Macroprudential capital regulation and fiscal balances in the euro area
Hristov, Nikolay; Hülsewig, Oliver; Kolb, Benedikt - 2024
We examine the fiscal footprint of macroprudential policy in euro area countries arising through the bond market channel (Reis, 2021). Using local projections, we estimate impulse responses of the fiscal balance to an unexpected tightening in macroprudential capital regulation. Our findings...
Persistent link: https://www.econbiz.de/10014485633
Cover Image
Coordinating monetary and financial regulatory policies
Van der Ghote, Alejandro - 2018
How to conduct macro-prudential regulation? How to coordinate monetary policy and macro-prudential policy? To address these questions, I develop a continuous-time New Keynesian economy in which a financial intermediary sector is subject to a leverage constraint. Coordination between monetary and...
Persistent link: https://www.econbiz.de/10011856525
Cover Image
Bank regulation and sovereign risk : a paradox
Afonso, António; Teixeira, André - 2023
This paper investigates the impact of banking prudential regulation on sovereign risk. We show that prudential regulation reduces sovereign risk and induces governments to spend more. As a result, countries with tight prudential regulation have lower primary budget balances and accumulate more...
Persistent link: https://www.econbiz.de/10014281475
Cover Image
Identifying effective combinations of economic policy measures for the coronavirus recession in Europe
Bernoth, Kerstin; Clemens, Marius; Dany-Knedlik, Geraldine - In: DIW weekly report : economy, politics, science : a … 10 (2020) 23, pp. 263-273
As the coronavirus pandemic spread across the globe in early 2020, the European Central Bank as well as national …
Persistent link: https://www.econbiz.de/10012231998
Cover Image
Addressing systemic risk in Europe during Covid-19 : the role of regulation and the policy mix
Dotta, Vitor - 2022
regulation, the European Central Bank provided substantial monetary policy easing, for instance the release of capital buffers …
Persistent link: https://www.econbiz.de/10013188926
Cover Image
Macroprudential policy : an institutionalist interpretation
Goudard, Gustavo Chagas; Terra, Fábio Henrique Bittes - In: CEPAL review (2015) 117, pp. 25-39
Persistent link: https://www.econbiz.de/10011517787
Cover Image
Wybrane zagadnienia polskiej i międzynarodowej polityki gospodarczej
Rosati, Dariusz K.; Lubiński, Marek; Marciniak, Zenon; … - 2019 - Wydanie I
Persistent link: https://www.econbiz.de/10012138430