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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2021
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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 |
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CREDIT BOOM MACROPRUDENTIAL POLICY CREDIT SURGE FINANCIAL CYCLE |
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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 |
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1764483717916524544 |