Stolbov, Michail I.; Shchepeleva, Maria A.; Karminsky, … - In: Financial innovation : FIN 7 (2021), pp. 1-25
The study empirically assesses how macroprudential policy interacts with systemic risk, industrial production, and monetary intervention on a global level from January 2006 to December 2018. We adopt the aggregate proxies of these variables, capturing their global effects, and use a novel...