The international aspects of macroprudential policy

KJ Forbes - Annual Review of Economics, 2021‏ - annualreviews.org
Countries are making more active use of macroprudential tools than in the past with the goal
of improving the resilience of their broader financial systems. A growing body of evidence …

Loan‐to‐value limits as a macroprudential policy tool: Developments in theory and practice

W Gatt - Journal of Economic Surveys, 2024‏ - Wiley Online Library
I analyze the development of the loan‐to‐value (LTV) ratio limit for households as a
macroprudential policy tool in both theory and practice, by surveying theoretical and …

Digging deeper—Evidence on the effects of macroprudential policies from a new database

Z Alam, A Alter, J Eiseman, G Gelos… - Journal of Money …, 2019‏ - Wiley Online Library
This paper introduces a comprehensive database of macroprudential policies, which covers
134 countries from January 1990. Using a novel numerical indicator of the tightness of loan …

Partial least squares path modeling

H Latan, R Noonan, L Matthews - Partial least squares path modeling …, 2017‏ - Springer
Partial least squares-path modeling (PLS-PM) is a multivariate statistical technique first
introduced by Herman Wold in the late 1960s. The period from that time until the late 1980s …

What drives house price cycles? International experience and policy issues

JV Duca, J Muellbauer, A Murphy - Journal of Economic Literature, 2021‏ - aeaweb.org
The role of real estate during the global financial and economic crisis has prompted efforts to
better incorporate housing and financial channels into macro models, improve housing …

Dampening global financial shocks: can macroprudential regulation help (more than capital controls)?

K Bergant, F Grigoli, NJ Hansen… - Journal of Money, Credit …, 2024‏ - Wiley Online Library
We show that macroprudential regulation significantly dampens the impact of global
financial shocks on emerging markets. Specifically, a tighter level of regulation reduces the …

[کتاب][B] Effects of macroprudential policy: Evidence from over 6,000 estimates

JD Araujo, M Patnam, MA Popescu, MF Valencia… - 2020‏ - books.google.com
This paper builds a novel database on the effects of macroprudential policy drawing from 58
empirical studies, comprising over 6,000 results on a wide range of instruments and …

The benefits are at the tail: uncovering the impact of macroprudential policy on growth-at-risk

JE Galán - Journal of Financial Stability, 2024‏ - Elsevier
I uncover heterogeneous effects of macroprudential policy on GDP growth distribution by
bringing together the literature on the impact of macroprudential policy and recent …

Does macroprudential policy matter for corporate green innovation? The role of financing constraints and public environmental concerns

X Lin, J Zhang, L Yu, Q Zhong - Economic Analysis and Policy, 2024‏ - Elsevier
Green development ideas are gradually being incorporated into macroprudential policy
frameworks, which can be of great significance for enterprises' green development. Most …

Macroprudential policy and the probability of a banking crisis

R Nakatani - Journal of Policy Modeling, 2020‏ - Elsevier
The ultimate purpose of macroprudential policy is to avoid financial instability, such as
banking crises, which have a long-lasting and devastating effect on the economy. Although …