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Effectiveness of Macroprudential Policies in Developing Asia: An Empirical Analysis

dc.contributor.authorLee, Minsoo
dc.contributor.authorAsuncion, Ruben Carlo
dc.contributor.authorKim, Jungsuk
dc.date.accessioned2015-07-27T00:13:57Z
dc.date.available2015-07-27T00:13:57Z
dc.date.issued2015-07-24
dc.identifier.issn2313-6537 (Print), 2313-6545 (e-ISSN)en_US
dc.identifier.urihttp://hdl.handle.net/11540/5078
dc.description.abstractThe global financial crisis highlighted the need for improving national bank supervisory authorities’ surveillance systems and detecting early on the buildup of macroeconomic risks. This paper presents an empirical framework for analyzing how effective macroprudential policies control credit, leverage, and housing price growth. Two findings emerge: (i) macroprudential policies can promote financial stability in Asia and (ii) different types of macroprudential policies are effective against different types of macroeconomic risks.en_US
dc.languageEnglishen_US
dc.publisherAsian Development Banken_US
dc.rightsCC BY 3.0 IGOen_US
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/en_US
dc.titleEffectiveness of Macroprudential Policies in Developing Asia: An Empirical Analysisen_US
dc.subject.expertMacroeconomicen_US
dc.subject.expertMacroeconomic Analysisen_US
dc.subject.expertPerformance Evaluationen_US
dc.subject.expertImpact Evaluationen_US
dc.subject.adbEconomic indicatorsen_US
dc.subject.adbGrowth modelsen_US
dc.subject.adbGross domestic producten_US
dc.subject.adbMacroeconomicsen_US
dc.subject.adbEconomic forecasten_US
dc.subject.naturalEconomic development projectsen_US
dc.subject.naturalEconomic policyen_US
dc.subject.naturalEconomic forecastingen_US
dc.title.seriesEconomics Working Papersen_US
dc.title.volumeNo. 439en_US
oar.themeEconomicsen_US
scholarcheck.prominentcontributor0
scholarcheck.peerreviewed0
scholarcheck.contributor.hascontributor0
scholarcheck.serial.hasserial1
scholarcheck.topic.cleartopic1
scholarcheck.topic.clearproblem1
scholarcheck.form.visualdata1
scholarcheck.form.references1
scholarcheck.form.logicalorder1
scholarcheck.language.technicaltone1
scholarcheck.language.technicalterms1
scholarcheck.language.hassummary1
oar.authorLee, Minsoo
oar.authorAsuncion, Ruben Carlo
oar.authorKim, Jungsuk
oar.googlescholar.linkpresenttrue


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