In this article, we study the transmission mechanisms of the effect of a set of 12 macroprudential policies on the risk-taking of banks using a large number of countries and a …
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 …
Stresses that the 2009 global recession demonstrated the importance of crisis prevention as well as the need for preserving policy room so emerging market and developing economies …
The volatility of capital flows and their adverse impact on macroeconomic and financial variables is a major concern to policy makers, resulting in a debate on whether capital …