Blar i Norges Banks vitenarkiv på emneord "macroprudential regulation"
Viser treff 1-2 av 2
-
Countercyclical capital requirement reductions, state dependence and macroeconomic outcomes
(Working Paper;9/2020, Working paper, 2020)We use bank-, loan- and firm-level data together with a quasi-natural experiment to estimate the impact of capital requirement reductions on bank lending and real economic outcomes. We find that capital requirement reductions ... -
“Interest Rate Trap”, or: Why Does the Central Bank Keep the Policy Rate Too Low for Too Long Time?
(Working Papers;12/2011, Working paper, 2011)This paper provides a framework for modeling the risk-taking channel of monetary policy, the mechanism how financial intermediaries’ incentives for liquidity transformation are affected by the central bank’s reaction to ...