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 …

We show that macroprudential regulation significantly dampens the impact of global
financial shocks on emerging markets. Specifically, a tighter level of regulation reduces the …

The effects of macroprudential policy on portfolio flows vary considerably across the global
financial cycle. A tighter ex-ante macroprudential stance amplifies the impact of global risk …

We consider the effects of global economic policy uncertainty on capital inflows and the
potentially mitigating effect of different macroprudential frameworks and policies on this …

Since the 2008–2009 Great Financial Crisis, major advanced economies (AEs) have used
monetary and macroprudential policies to achieve macroeconomic and financial stability …

In line with recent policy discussions on the use of macroprudential policies (MPPs) to
respond to cross-border risks arising from capital flows, this paper tries to quantify which …

This paper deals with COVID and macroprudential regulations in emerging markets. I
document the build-up of a sturdy macroprudential structure during 2009-2019, and the …

This paper studies the conditionality in the relationship between capital flows liberalisation,
macroprudential policies, and credit cycles in emerging market (EM) economies. Using …

The ultimate goal of macroprudential policy is to prevent and reduce the costs of systemic
financial crises, and thus contribute to promoting sustainable economic growth. However …

Research background: Excessive credit expansions have an important role in the
generation and amplification of business cycles in emerging market (EM) economies …