Do Capital Adequacy Requirements Matter for Monetary Policy

139 citations recorded by the source corpus.

Citations in the corpus

Time-varying monetary-policy rules and financial stress: Does financial instability matter for monetary policy? (2011, unknown): “…previous evidence on the effect of financial stress on monetary policy is somewhat limited, our results broadly confirm the timeinvariant findings of Cecchetti and Li (2008), which show that the US Fed adjusted the interest rates to the procyclical impact of bank capital requirements in 1989-2000.”
Capital regulation and monetary policy with fragile banks (2013, unknown): “Other papers have examined optimal monetary policy design and bank regulation, with specific reference to the pro-cyclicality of capital requirements (Blum and Hellwig [13], and Cecchetti and Li [18]).”
Portfolio and Financing Adjustments for U.S. Banks: Some Empirical Evidence (2008, unknown): “Volatility in share valuations in the stock market induces volatility in real corporate investment and GDP as the evidence of Polk and Sapienza (2004), Panageas (2003), Gilchrist et al. (2005), Chirinko and Schaller (2007), and Kau et al.”
A Tale of Two Policies- Prudential Regulation and Monetary Policy with Fragile Banks (2009, unknown): “[ 11 ]). Two main elements differentiate our work.”