Macro-Prudential Policies to Mitigate Financial System Vulnerabilities

By Stijn Claessens, Swati R. Ghosh, R. Mihet. 2013

541 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/a5c0db5ca31d0aa8a7b27eb58808dbdae0db6d28

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Linda S. Goldberg
2. Claudia M. Buch
3. Hyun Song Shin
4. Valentina Bruno
5. Kenneth N. Kuttner
6. Ilhyock Shim
7. Jorge E. Galán
8. Stijn Claessens

In Finance

1. Valentina Bruno
2. Hyun Song Shin
3. Linda S. Goldberg
4. Ilhyock Shim
5. Claudia M. Buch
6. Stijn Claessens
7. Kenneth N. Kuttner
8. Jorge E. Galán

Citations in the corpus

• Monetary Policy and Financial Stability: What Role in Prevention and Recovery? (2014, unknown): “16 For a discussion of debt levels and sustainability, see Cottarelli (2013) and Cecchetti et al (2010); on the limits of outside-the-box thinking for monetary policy, see Caruana (2013a).”
• Cross-Border Prudential Policy Spillovers: How Much? How Important? Evidence from the International Banking Research Network (2016, background): “Analysis of early experiences with macroprudential instruments shows that some tools can reduce banks’ asset growth within countries (Claessens, Ghosh, and Mihet 2014).”
• Comparative assessment of macroprudential policies (2015, background): “Several papers mostly written by IMF authors (eg Beirne and Friedrich (2014), Claessens et al (2014) and Zhang and Zoli (2014)) use this database to conduct their empirical analysis on the e¤ects of macroprudential measures.”
• An Overview of Macroprudential Policy Tools (2014, unknown): “For a collection of papers, see Claessens et al. (2011). And for an extensive treatment, see Freixas, Laeven, and Peydró (2015).”
• The benefits are at the tail: Uncovering the impact of macroprudential policy on growth-at-risk (2020, methodology): “This idea has been recently explored by Duprey and Ueberfeldt (2018) and Aikman et al.”
• Can non-interest rate policies stabilize housing markets? Evidence from a panel of 57 economies (2016, methodology): “Taking a disaggregated approach, Claessens et al. (2013) analyzed the use of macroprudential policy aimed at reducing vulnerabilities in individual banks in both advanced and emerging market economies, using a sample of about 2,300 banks in 48 countries and macroprudential policy measures…”