Effectiveness of Macroprudential Policies: Panel Data Evidence on the Role of Institutions, Financial Structure, and Banking Regulations

Mehmet Ekinci and Gülserim Özcan

A chapter in Economic Growth and Financial Development, 2021, pp 103-114 from Springer

Abstract: Abstract The effectiveness of macro-prudential policies to mitigate credit cycles and reduce capital flow volatility is at the center of policy debates. In this chapter, we investigate the factors which influence the performance of macro-prudential tools by focusing on institutions, financial structure, and banking sector regulations. We find strong evidence indicating that macro-prudential measures are more effective when they are complemented with a tighter regulatory framework.

Keywords: Credit growth; Capital flows; Macroprudential policies; Institutions; Regulations (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-79003-5_6

Ordering information: This item can be ordered from
http://www.springer.com/9783030790035

DOI: 10.1007/978-3-030-79003-5_6

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().