This paper examines the macroprudential roles of bank capital regulation and monetary policy in a Dynamic Stochastic … channels through which credit risk, commercial bank losses, monetary policy and bank capital requirements affect the real … toolkit. Following credit shocks, countercyclical bank capital regulation is more effective than monetary policy in promoting …

Using a confidential dataset of foreign bank affiliates (FBA) in Hong Kong, this study finds evidence of an … structure of a FBA's parent bank is important in assessing the international transmission of prudential policies. Regarding the …

Drawing on the 2016 update of the IMF's Central Bank Legislation Database, this paper examines differences in central … bank legal frameworks before and after the Global Financial Crisis. Examples from select countries show that many central … bank laws have undergone changes in objectives, decision-making, accountability, and data collection. A wider cross …

Drawing on the 2016 update of the IMF's Central Bank Legislation Database, this paper examines differences in central … bank legal frameworks before and after the Global Financial Crisis. Examples from select countries show that many central … bank laws have undergone changes in objectives, decision-making, accountability, and data collection. A wider cross …