What Can (Macro-) Prudential Policy do to Support Monetary Policy?

By C. Borio, Ilhyock Shim. 2007

261 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/2b5f6cb6861e767f8aaa7cb49d4e6aec1b4ef719

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Citations in the corpus

The Financial Turmoil of 2007-?: A Preliminary Assessment and Some Policy Considerations (2008, unknown): “In recent years, considerable progress has been made in the direction of strengthening the macroprudential orientation of the frameworks [Crockett (2000), Knight (2006), Borio and Shim (2007)].”
The international financial crisis: timeline, impact and policy responses in Asia and the Pacific (2010, background): “12 Notwithstanding this concern, the role of countercyclical regulatory policy, in both moderating bubbles and supporting the financial system during crises, is increasingly recognised (see Borio and Shim (2007)).”
Regulatory arbitrage in action: evidence from banking flows and macroprudential policy (2015, methodology): “Lim et al. (2011), Borio and Shim (2007), Kuttner and Shim (2013) and International Monetary Fund (2014) have been the main 10 sources.4 Data from these sources have been supplemented with hand-collected data from searches of regulators’ websites and financial stability reports, and from…”
The Use of Reserve Requirements as a Policy Instrument in Latin America (2011, background): “3 For discussions on the use of reserve requirements in Asian economies, see Borio and Shim (2007) and Ho (2008).”
Macroprudential Policy: What Instruments and How to Use Them? Lessons from Country Experiences (2011, background): “16See Borio and Shim (2007) and CGFS (2010).”
The Global Financial Crisis: Causes and Cures (2009, unknown): “The Bank for International Settlements has long maintained that this provides the main explanation for the speculative bubbles (Borio and Lowe 2002, Borio and Shim 2007).”
Rethinking Macro Policy II; Getting Granular (2013, background): “These shortcomings have led to increasing interest in more targeted “macroprudential instruments” (see Borio and Shim, 2007, for an early discussion).”
Macroprudential Policy - A Literature Review (2012, unknown): “One important built-in stabilizer are risk management practices that internalize the risk of the build up of financial imbalances and their unwinding (Borio and Shim, 2007).”
Macroprudential policy and bank risk (2018, background): “Shim et al (2013) complement and cross-check official sources and documents with Borio and Shim (2007), survey by the Committee on the Global Financial System (CGFS) on macroprudential policy conducted in December 2009, Hilbers et al (2005), Crowe et al (2011), Lim et al (2011), and Tovar et al…”
Policies for Macrofinancial Stability: Options to Deal with Real Estate Booms (2011, background): “A major limitation in assessing the effectiveness of macroprudential tools stems from the fact that macroprudential policy frameworks are still in their infancy, and only a handful of countries have actively used them (Table 4; also see Borio and Shim, 2007, and CGFS, 2010).”