Showing 1 - 10 of 91,117
Persistent link: https://www.econbiz.de/10014317096
Persistent link: https://www.econbiz.de/10014452041
the role of macroprudential policy as an integral part of the central bank policy mix and financial stability in Indonesia … macroprudential policy measures have been implemented in Indonesia, including loan-to-value (LTV) ratios, reserve requirements and a … stability, Indonesia has underpinned its crisis management protocol for prevention and resolution of the financial system crisis …
Persistent link: https://www.econbiz.de/10012929710
Persistent link: https://www.econbiz.de/10011568166
Persistent link: https://www.econbiz.de/10012220215
Mortgage arrears arise if a household faces affordability problems and/or is in negative equity. Because widespread arrears pose a risk to the stability of banks and limit households' future access to credit, a crucial question is how monetary or macroprudential policies influence their...
Persistent link: https://www.econbiz.de/10011298480
The financial crisis proved strikingly that stabilizing the price level is a necessary but not a sufficient condition to ensure macroeconomic stability. The obvious candidate for addressing systemic risk is macroprudential policy. In this paper we study the optimal monetary and macroprudential...
Persistent link: https://www.econbiz.de/10011302459
Since the global financial crisis of 2007-09, policy makers and academics around the world have advocated the use of prudential tools for macroprudential purposes. This paper presents a macroprudential tabletop exercise that was aimed at confronting Federal Reserve Bank Presidents with a...
Persistent link: https://www.econbiz.de/10011341899
The financial crisis has prompted macroeconomists to think of new policy instruments that could help ensure financial stability. Policymakers are interested in understanding how these should be set in conjunction with monetary policy. We contribute to this debate by analyzing how monetary and...
Persistent link: https://www.econbiz.de/10010202642
In this paper, we study the optimal mix of monetary and macroprudential policies in an estimated two-country model of the euro area. The model includes real, nominal and financial frictions, and hence both monetary and macroprudential policy can play a role. We find that the introduction of a...
Persistent link: https://www.econbiz.de/10010258716