New evidence on the effectiveness of macroprudential measures
Allbwn ymchwil: Ffurf annhestunol › Safe Gwe / Cyhoeddiad Gwe
Fersiynau electronig
The main objective of macroprudential tools is to reduce systemic risks – in particular, the frequency and depth of financial crises. Most studies look at the impact of macroprudential measures on credit growth, focusing on country-wide data or bank-level information. This column presents new evidence using credit registry data at the bank-firm level to evaluate the impact on bank risk measures. Results show that macroprudential tools help stabilise credit cycles and contain bank risk.
| Iaith wreiddiol | Saesneg |
|---|---|
| Cyhoeddwr | VOXEU.org |
| Cyfrwng allbwn | Ar-Lein |
| Statws | Cyhoeddwyd - 5 Rhag 2017 |