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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,...
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financial regulation, and for its implementation. Indeed, the goal becomes developing a regulatory structure that minimizes the … alternative regulatory framework and proposes a fundamental shift in the way financial regulation is performed, similar to what …
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