… respond to cross-border risks arising from capital flows, this … to volatile capital flows and in
complementing traditional capital … ) buffers that help maintain the ability to provide credit under …

… to respond to crossborder risks arising from capital flows, this … Volatile capital flows are often
seen as a major source for … Examples are (countercyclical capital) buffers that help maintain …

… Just before the global financial crisis (GFC) of 2008-9, cross-border flows, as measured by
the IMF’s … MaPs instead of accumulating reserves, as an alternative buffer to external shocks. • …

… reserve and countercyclical capital buffer requirements, reserve … volatile cross-border
capital flows, it is desirable to employ both capital controls and macroprudential policies…

… macroprudential policies and international capital flows can go … domestic financial market
imperfections – through volatile (… to countercyclical capital buffers, and not to the entire range of …

… leads to more stable crossborder trade and financial flows. … on the effectiveness of
macroprudential policies in controlling … stability through less volatile trade and financial flows with …

… financial stability benefits of cross-border flows. Given the recent popularity of macro-prudential
policies as tools for promoting financial … more volatile, adversely affecting bank financial …

… Financial flows between heterogeneous member states were … capital buffer (CCyB), a
supplement to the traditional capital … much more volatile the financial cycle in the periphery is. …

… -wide capital flows for evidence of regulation avoidance, we focus on the cross-border capital
flows … The model is able to generate a more volatile consumption relative to output and a …

… shock rather than capital flows or domestic and/or foreign monetary policy. Our identification
… that the most influential policy tools are leverage limits, conservation buffers, and measures …