Macro-prudential policies to mitigate financial system vulnerabilities
نویسندگان
چکیده
منابع مشابه
Monetary and Macro-prudential Policies: An Integrated Analysis
This paper studies the interaction between monetary and macro-prudential policies in a simple model with both nominal and financial frictions. The nominal friction gives rise to a conventional monetary policy objective emphasized in the New Keynesian literature. The financial friction, in the form of an occasionally binding collateral constraint, gives rise to a financial stability objective. ...
متن کاملThe Impact of Macro-prudential policies on the Vulnerability of the Banking System: Dynamic Panel Model
In the aftermath of the global financial crisis (2007-2009), policymakers in the developing countries and emerging economies have generally relied on macroprudential policies to achieve financial stability. Since the banking systemchr('39')s vulnerability plays an essential role in financial instability, and the banking systemchr('39')s stability is exposed to vulnerability, we examine macropru...
متن کاملMacro-prudential and financial stability statistics to improve financial analysis of exposures and risk transfers
In fact, looking only at the level of an individual bank's balance sheet, the analysis and evaluation of risk exposures have become considerably more complex. First, technology and modeling advances have added complex products to banks' traditional exposures thereby complicating risk evaluation. Second, the evolution of banking activities and business strategies has meant that the credit risk o...
متن کاملDeterminants of Banking System Stability: A Macro-Prudential Analysis
Over the past two decades, Germany experienced several periods of banking system instability rather than full-blown banking system crises. In this paper we introduce a continuous and forward-looking stability indicator for the banking system based on information on all financial institutions in Germany between 1995 and 2010. Explaining this measure by means of panel regression techniques, we id...
متن کاملImplications of the Imperfect Deposit Market Structure for Micro and Macro Discretionary Prudential Policies
The aim of this study is to theoretically investigate the role of the bank deposit market structure in how effective micro and macro prudential policies in determining the regulatory capital of banks in combination with monetary policy. To achieve this, a partial equilibrium analytical framework has been developed that includes rational economic entities and the possibility of contagion risk in...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of International Money and Finance
سال: 2013
ISSN: 0261-5606
DOI: 10.1016/j.jimonfin.2013.06.023