Showing 1 - 10 of 4,374
regulation did not take the "big picture" of the system suffciently into account and, subsequently, financial supervision mainly … "missed the forest for the trees". As a result, the need for macroprudential aspects of regulation emerged, which has recently … macroprudential regulation in creating stable, yet effcient financial systems. At the same time, I emphasize the importance of …
Persistent link: https://www.econbiz.de/10011477338
Persistent link: https://www.econbiz.de/10012023595
This paper builds a macro model with a financial sector and a housing market to understand the transmission and effects of macroprudential instruments addressing mortgage credit. The model compares the introduction of a loan-to-value ratio (LTV), a countercyclical capital buffer (CCyB)-style...
Persistent link: https://www.econbiz.de/10012034723
Persistent link: https://www.econbiz.de/10012183129
Persistent link: https://www.econbiz.de/10012163930
Persistent link: https://www.econbiz.de/10011517787
Persistent link: https://www.econbiz.de/10003957885
Persistent link: https://www.econbiz.de/10010195907
Persistent link: https://www.econbiz.de/10008939340
The effectiveness of macro-prudential policies to mitigate credit cycles and reduce capital flow volatility is at the center of policy debates. In this chapter, we investigate the factors which influence the performance of macro-prudential tools by focusing on institutions, financial structure,...
Persistent link: https://www.econbiz.de/10012792701