How effective are macroprudential policies? An empirical investigation

Acharya, 2013, Adapting macroprudential regulation for emerging markets Ahmed, S., Zlate, A., 2014. Capital flows to emerging market economies: A brave new world?J. Int. Money Finance. http://www.sciencedirect.com/science/article/pii/S0261560614000928. Aiyar, 2014, Does macro-prudential regulation leak? Evidence from a UK policy experiment, J. Money Credit Bank., 46, 181, 10.1111/jmcb.12086 Akinci, 2013, Global financial conditions, country spreads and macroeconomic fluctuations in emerging countries, J. Int. Econ., 91, 358, 10.1016/j.jinteco.2013.07.005 Arellano, 1991, Some tests of specification for panel data: Monte carlo evidence and an application to employment equations, Rev. Econ. Studies, 58, 277, 10.2307/2297968 Beirne, 2014, Capital Flows and Macroprudential Policies - A Multilateral Assessment of Effectiveness and Externalities Bruno, 2014, Comparative Assessment of Macroprudential Policies Cerutti, 2015, The Use and Effectiveness of Macroprudential Policies: New Evidence Cerutti, 2016, Changes in prudential policy instruments a new cross country database Claessens, 2014, Macro-Prudential Policies to Mitigate Financial System Vulnerabilities Cordella, 2014, Reserve Requirements in the Brave New Macroprudential world Craig, 2011, Determinants of Property Prices in Hong Kong SAR: Implications for Policy DellAriccia, 2012, Policies for Macrofinancial Stability: How to Deal with Credit Booms Gourinchas, 2012, Stories of the twentieth century for the twenty-first, Am. Econ. J. Macroecon., 4, 226, 10.1257/mac.4.1.226 IMF, Dec. 2012. The Interaction of Monetary and Macroprudential Policies–Background Paper. Technical Report. International Monetary Fund. https://www.imf.org/external/np/pp/eng/2013/012713.pdf. IMF, 2014, United Kingdom: Selected Issues Kuttner, 2013, Can Non-Interest Rate Policies Stabilize Housing Markets? Evidence from a Panel of 57 Economies Laeven, 2012, Systemic Banking Crises Database: An Update Lim, 2011, Macroprudential Policy: What Instruments and How to Use Them? Lessons from Country Experiences Mendoza, 2012, An Anatomy of Credit Booms and their Demise Ostry, 2012, Tools for managing financial-stability risks from capital inflows, J. Int. Econ., 88, 407, 10.1016/j.jinteco.2012.02.002 Roodman, D., 2004. ABAR: Stata module to perform Arellano-Bond test for autocorrelation. Statistical Software Components, Boston College Department of Economics. https://ideas.repec.org/c/boc/bocode/s437501.html. Schularick, 2012, Credit booms gone bust: Monetary policy, leverage cycles, and financial crises, 1870-2008, Am. Econ. Rev., 102, 1029, 10.1257/aer.102.2.1029 Shim, 2013, Database for policy actions on housing markets, BIS Q. Rev. Vandenbussche, 2012, Macroprudential Policies and Housing Prices-A New Database and Empirical Evidence for Central, Eastern, and Southeastern Europe Zhang, 2014, Leaning Against the Wind: Macroprudential Policy in Asia