Can non-interest rate policies stabilize housing markets? Evidence from a panel of 57 economies

By Kenneth N. Kuttner, Ilhyock Shim. 2016

376 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/f001f5b927d3a529fe8005520249424ffde9c840

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Citations in the corpus

How Effective are Macroprudential Policies? An Empirical Investigation (2017, methodology): “A starting point for our database was the 2011 IMF survey database on macroprudential measures presented in Lim et al. (2011). We also supplemented our database using the publicly available macroprudential database presented in Shim et al. (2013). We used national sources and a 2013 IMF survey calle”
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 and Effectiveness of Macroprudential Policies: New Evidence (2015, positive): “We also cross-checked GMPI-responses with those in other surveys (e.g., Kuttner and Shim, 2013; Crowe et al., 2011) as well as our own web-based and other searches, all to further ensure a high quality dataset.”
Cross-Border Prudential Policy Spillovers: How Much? How Important? Evidence from the International Banking Research Network (2016, positive): “Kuttner and Shim (2013) find a similar result in that only DTI ratios significantly affect housing credit growth.”
Macroprudential policy and bank systemic risk (2020, positive): “In the first group of studies, Lim et al. (2011) evaluate the effectiveness of different macroprudential instruments on credit growth, systemic liquidity, leverage, and capital flows.”
Monetary Policy, Financial Conditions, and Financial Stability (2014, positive): “In cross-country empirical work, Kuttner and Shim (2013) provide evidence based on fifty-seven countries that limits on debtservice-to-income ratios can help to restrain housing credit, thereby moderating the cycle, while LTVs are less successful at restraining credit growth since credit can…”