Macro-prudential policies, the global financial cycle and the real exchange rate
Sign Up to like & getrecommendations! Published in 2019 at "Journal of International Money and Finance"
DOI: 10.1016/j.jimonfin.2019.05.009
Abstract: This paper examines whether a global financial cycle originating from center economies affects the real exchange rates in peripheral economies and to what extent macro-prudential policies can isolate peripheral economies from this external shock. We… read more here.
Keywords: prudential policies; global financial; rate; real exchange ... See more keywords
What can Islamic financing tell us about macro-prudential policies?
Sign Up to like & getrecommendations! Published in 2019 at "Applied Economics Letters"
DOI: 10.1080/13504851.2018.1433290
Abstract: ABSTRACT Macro-prudential policies are theoretically effective at mitigating a debt deflation crisis by forcing individuals to internalize their impact on aggregate prices reducing systemic risk caused by pecuniary externalities. To better understand the potential effectiveness… read more here.
Keywords: macro prudential; prudential policies; finance; islamic financing ... See more keywords