ScholarLens Back to search
2021•ETS Research Bulletin SeriesRequires access

Avoiding a financial epidemic – The role of macroprudential policies

Miguel Ampudia, Marco Lo Duca, Mátyás Farkas, Gabriel Pérez‐Quirós, Mara Pirovano, Gerhard Rünstler, Eugen Tereanu

Open publisher page 4 citations

Abstract

Many countries have implemented macroprudential policies. The aims are twofold: first, to render the financial system more resilient to shocks and, second, to prevent booms and busts in the financial system in response to economic cycles. This article provides theoretical and empirical evidence which shows the positive impact that these measures have on financial stability, as well as the gains in economic growth derived from a stronger financial system. JEL Classification: G21

About this research paper

What this paper is about

Many countries have implemented macroprudential policies. The aims are twofold: first, to render the financial system more resilient to shocks and, second, to prevent booms and busts in the financial system in response to economic cycles. This article provides theoretical and empirical evidence which shows the positive impact that these measures have on financial stability, as well as the gains in economic growth derived from a stronger financial system. JEL Classification: G21

Why it matters

OpenAlex reports 4 citations for this work. Citation counts describe recorded attention and do not establish research quality.

Key contribution

A contribution statement is not available in the OpenAlex record.

Method / approach

Method details are not available in the OpenAlex metadata.

Main findings

Findings are not separately available in the OpenAlex metadata.

Limitations

Limitations are not available in the OpenAlex metadata.

Applications

Application details are not available in the OpenAlex metadata.

Available abstract

Many countries have implemented macroprudential policies. The aims are twofold: first, to render the financial system more resilient to shocks and, second, to prevent booms and busts in the financial system in response to economic cycles. This article provides theoretical and empirical evidence which shows the positive impact that these measures have on financial stability, as well as the gains in economic growth derived from a stronger financial system. JEL Classification: G21

Key concepts: Boom, Financial stability, Macroprudential regulation, Economics, Systemic risk, Monetary economics, Financial system, Finance

Related papers

Related paper 1Related paper 2Related paper 3
Back to paper searchBrowse research topicsOriginal source
Avoiding a financial epidemic – The role of macroprudential policies — Research Paper | ScholarLens