Bank Leverage Regulation and Macroeconomic Dynamics

By Ian Christensen, Césaire Meh, Kevin Moran. 2011

111 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/89cf4a059473a962d04fea9687f6f71fc2079c34

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Citations in the corpus

Macroprudential Rules and Monetary Policy when Financial Frictions Matter (2015, unknown): “Our paper is more similar to the work of Kannan et al. (2012), Angelini et al. (2012), Christensen et al. (2011), Benes and Kumhof (2011), Quint and Rabanal (2014) and Rubio and Carrasco-Gallego (2014) in that it considers the potential gains from complementing monetary policy rules with…”
Optimal Monetary and Prudential Policies (2017, background): “18See Covas and Fujita (2010) for a quantitative assessment of the procyclical effects of bank capital requirements under Basel II.”
The Interaction of Monetary and Macroprudential Policies (2016, unknown): “The quantitative effects of the tax on banking sector dynamics are similar to capital ratio regulation (as, for example, discussed in Christensen et al. (2011)) but the advantage of the fiscal approach is that unlike a restriction on the capital ratio of the bank, the leverage tax does not impose a ”
Macroprudential and monetary policies: Implications for financial stability and welfare (2014, unknown): “…papers in the field tend to analyze macroprudential policies through the lens of a countercyclical bank leverage rule (e.g. Angelini et al., 2012; Christensen et al, 2011), in our paper, we study how a key element of the real estate sector, namely the LTV, can serve as a macroprudential tool to…”
Monetary Policy, Financial Conditions, and Financial Stability (2014, background): “Angeloni and Faia (2013) show that a combination of countercyclical capital and monetary policy to a positive productivity shock that leads to bank leverage can be welfare enhancing (see also Christensen, Meh, and Moran 2011).”