The global financial crisis in 2007 prompted policy makers to introduce a combination of bank regulation and … economies where financial frictions are important. Although there is an extensive literature on financial regulation and … independently. The results point to the importance of coordination between financial regulation and monetary policy in minimizing …

per se do not on average impact on this premium. Default risk and the inflation risk differential between Canada and the … US significantly impact on the Canada–US equity premium. Abnormal positive performance observed for US smallcaps in the …

How do the business cycle effects of loan supply shocks depend on the state of prudential regulation in the euro area … regulation. We find that in tight regimes, expansionary shocks trigger a boom-bust cycle. In the loose regime, results appear … historical development of prudential regulation in the euro area, which is primarily characterized by prudential tightening. …