Macroprudential Policy - A Literature Review

By Gabriele Galati, R. Moessner. 2012

767 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/10bc98b73fa60e91e4643e4e2c5e63bef0ea4a78

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Citations in the corpus

The Use and Effectiveness of Macroprudential Policies: New Evidence (2015, unknown): “Bruno et al. (2015) investigate, also for 12 Asia–Pacific countries, how macroprudential policies 5 For other reviews, see Bank of England (2009), CGFS (2012), England Central Bank (2012), IMF (2013a,b), ESRB (2014), Galati and Moessner (2011), Galati and Moessner (2014) and Claessens (2015).”
Where the Risks Lie: A Survey on Systemic Risk (2017, unknown): “18 Galati and Moessner (2013) offer a detailed survey of macroprudential tools.”
Macroprudential and monetary policies: Implications for financial stability and welfare (2014, background): “Then, if equation (28) holds with equality, the borrower compensates the saver with the exact welfare that she is losing.”
Financial Stability and Monetary Policy: How Closely Interlinked? (2014, background): “For a recent review of the literature on macroprudential policy, see Galati and Moessner (2011).”
Effective Macroprudential Policy: Cross‐Sector Substitution from Price and Quantity Measures (2016, background): “Galati and Moessner (2013, 2017) provide an overview of the literature, emphasizing the objectives, instruments, and analytical underpinnings of the macroprudential approach.”
What do we know about the effects of macroprudential policy (2018, unknown): “Many contributions have been reviewed elsewhere (e.g. Brunnermeier et al., 2013; Benigno, 2013; Galati and Moessner, 2013; Beck et al., 2014).”
Overborrowing, Financial Crises and ‘Macro-Prudential’ Policy? (2011, unknown): “(2)Hanson, Kashyap, and Stein (2011) and Galati and Moessner (2010) review the growing literature on the macroprudential approach to financial regulation.”
The New Political Economy of the Macroprudential Ideational Shift (2013, unknown): “…of MPR, publishing their own reports and papers, – further elaborating the case for MPR (Borio, 2009, Borio, Tasharev and Tsatsronis, 2009,) with the BIS even laying claim to be the principal institutional owner and intellectual driver of the concept (Clement 2010, Galati and Moessner, 2011).”
Bank capital (requirements) and credit supply: Evidence from pillar 2 decisions (2016, unknown): “, Galati and Moessner (2013)), no empirical study so far has comprehensively estimated the joint impact of both time-varying, individual bank required and actual capital ratios on bank balance sheets, the cost of bank credit and funding, and the supply of bank credit to firms, and that under differe”
The Emergence of Global Systemic Risk (2015, background): “The second path is often described as macroprudential given its focus on risk at the aggregate level of markets (for a review of the related literature, see Galati & Moessner 2013).”
The Concept of Systemic Risk (2014, background): “A systemic risk literature review by Galati and Moessner (2010) concludes that despite the wealth of research on the subject, there is still no consensus on the definition of systemic risk.”