Sudden Surges and Macroprudential Policies

This paper estimates the unconditional probability of a sudden surge in private credit and investigates the extent to which macroprudential policies impact the duration of the period preceding such a surge. While we observe sudden surges of credit over periods in which macroprudential policies were...

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Main Authors:	Bandaogo, Mahama Samir, Lartey, Emmanuel K.K.
Format:	Journal Article
Published:	Taylor and Francis 2021
Subjects:	CREDIT BOOM MACROPRUDENTIAL POLICY CREDIT SURGE FINANCIAL CYCLE
Online Access:	http://hdl.handle.net/10986/35759

id	okr-10986-35759
recordtype	oai_dc
spelling	okr-10986-357592021-07-20T18:56:20Z Sudden Surges and Macroprudential Policies Bandaogo, Mahama Samir Lartey, Emmanuel K.K. CREDIT BOOM MACROPRUDENTIAL POLICY CREDIT SURGE FINANCIAL CYCLE This paper estimates the unconditional probability of a sudden surge in private credit and investigates the extent to which macroprudential policies impact the duration of the period preceding such a surge. While we observe sudden surges of credit over periods in which macroprudential policies were enacted, we document that these policies were effective at lowering the probability of credit booms between 2000 and 2013. 2021-06-16T14:14:17Z 2021-06-16T14:14:17Z 2020-02-21 Journal Article Applied Economics Letters 1350-4851 http://hdl.handle.net/10986/35759 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Taylor and Francis Publications & Research :: Journal Article Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
topic	CREDIT BOOM MACROPRUDENTIAL POLICY CREDIT SURGE FINANCIAL CYCLE
spellingShingle	CREDIT BOOM MACROPRUDENTIAL POLICY CREDIT SURGE FINANCIAL CYCLE Bandaogo, Mahama Samir Lartey, Emmanuel K.K. Sudden Surges and Macroprudential Policies
description	This paper estimates the unconditional probability of a sudden surge in private credit and investigates the extent to which macroprudential policies impact the duration of the period preceding such a surge. While we observe sudden surges of credit over periods in which macroprudential policies were enacted, we document that these policies were effective at lowering the probability of credit booms between 2000 and 2013.
format	Journal Article
author	Bandaogo, Mahama Samir Lartey, Emmanuel K.K.
author_facet	Bandaogo, Mahama Samir Lartey, Emmanuel K.K.
author_sort	Bandaogo, Mahama Samir
title	Sudden Surges and Macroprudential Policies
title_short	Sudden Surges and Macroprudential Policies
title_full	Sudden Surges and Macroprudential Policies
title_fullStr	Sudden Surges and Macroprudential Policies
title_full_unstemmed	Sudden Surges and Macroprudential Policies
title_sort	sudden surges and macroprudential policies
publisher	Taylor and Francis
publishDate	2021
url	http://hdl.handle.net/10986/35759
_version_	1764483717916524544

Sudden Surges and Macroprudential Policies

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