Macro-prudential policy needs range of tools – Bundesbank paper
Model assesses effectiveness of capital buffers, LTV ratios and sectoral risk-weighting
No single macro-prudential policy provides a solution to the problem of an overheating credit sector, a working paper published by the Deutsche Bundesbank argues.
In Macro to the rescue? – An analysis of macroprudential instruments to regulate housing credit, Alexander Falter presents a model of macro-prudential tools’ impact on the economy, focusing on the regulation of mortgage and corporate credit.
The model assesses three macro-prudential instruments: countercyclical capital buffers
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