Alegría, Andrés; Alfaro, Rodrigo; Córdova, Julio Felipe - In: Latin American journal of central banking : LAJCB 2 (2021) 4, pp. 1-11
This paper shows how central bank communications can play a role in macroprudential supervision. We document how specific warnings about real estate markets, published in the Central Bank of Chile's Financial Stability Reports of 2012, affected bank lending policies. We provide empirical...
