Implementing a Macroprudential Framework: Blending Boldness and Realism
By C. Borio. 2011
246 citations recorded by the source corpus.
Subfields: Finance
View Paper: https://www.semanticscholar.org/paper/f7294605719df7c85c9b8afbed0f716266f29c6b
Citations in the corpus
- Macroprudential Policy: What Instruments and How to Use Them? Lessons from Country Experiences (2011, unknown): “See Borio and Shim (2007) and CGFS (2010). (17)China, Hong Kong SAR and Singapore also imposed taxes on real estate transactions when lowering the LTV to curb rapid credit growth and asset price inflation in the real estate sector.”
- Stress-Testing Macro Stress Testing: Does it Live Up to Expectations? (2012, unknown): “And prudential supervisors have historically tended to focus very much on the riskiness and health of institutions on a standalone basis, ie from a “microprudential” standpoint (eg Borio (2011), Brunnermeier et al (2009)).”
- Fostering green investments and tackling climate-related financial risks: Which role for macroprudential policies? (2019, unknown): “…set up of a commonly defined taxonomy of environmentally sustainable economic activities and an agreed-upon disclosure framework, on the other side, some degree of experimentation left for policymakers and regulators, in an attempt to strike a balance between “boldness and realism” (Borio, 2011).”
- The New Political Economy of the Macroprudential Ideational Shift (2013, unknown): “…pioneered the use of a number of macroprudential policy instruments such as leverage limits and value to loan ratios, without naming them as such (Borio, 2011), offered up further practical examples of how macroprudential policy had helped these states escape the worst effects of the financial…”
- Macroprudential policy and bank risk (2018, unknown): “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 (201”
- Financial Stability and Financial Inclusion (2014, unknown): “” Borio (2011) classifies financial system risk into two dimensions—time and crosssectional.”