… a buffer stock comprising a countercyclical buffer, a capital … for highly liquid instruments in
a volatile market, and weak … interest rate parity condition, fiscal balances and capital flows. …

… Changes in the international financial landscape—in particular, the growing … cross-border
flows—over the last two decades have likely contributed to a higher sensitivity of capital flows …

… financial institutions to ride out highly volatile and uncertain … (Citation2020) study the
cross-border effect of uncertainty shocks … exchange rate, drained capital inflows and lowered stock …

… tools, such as countercyclical capital buffers, tighter reserve … on macroprudential FX regulations,
cross-border capital flows, … relies on an exogenous macroprudential policy shock. This …

… currency flexibility as a buffer against volatile capital flows. Chile and … macroprudential
regulation and capital flow management policies, can play a role in the event that capital inflows …

… As a result, the countercyclical capital buffer could have been … for macroprudential policies
arises in the macroprudential … indicating that financial variables are more volatile than real …

… CID) induces volatile cross-border capital flows and ensues … tight controls on cross-border
capital flows are associated with … may help countries set macroprudential policies that focus on …

… Notably, even while reducing their cross-border lending, banks … 2011-2012, capital flows
turned volatile and a generalised risk … from a policy perspective in order to plan buffers and …

… The capital inflows were mostly caused by exchange rate … , macroprudential policy
specifically targets the financial sector and … instruments, their output growth is less volatile. …

… of the financial sector and the extent of capital flows. … While HDB resale prices are generally
less volatile compared to … centre, Singapore is especially susceptible to such cross-border …