Analyzing the effectiveness of macroprudential policy and its interaction with the credibility of monetary policy

01 November 2020 → 31 October 2021
Regional and community funding: Special Research Fund
Research disciplines
  • Social sciences
    • Monetary policy, central banking and the supply of money and credit
    • Macroeconomics and monetary economics not elsewhere classified
Macroprudential policy panel data econometrics monetary policy
Project description

This project will study the effects of macroprudential measures on house price and credit growth using a novel index that captures the restrictiveness of each measure. Next, the framework of reciprocity regulation put in place to minimize cross-border spillovers of macroprudential policy will be investigated. Finally, I will analyze the interaction of macroprudential policy with the credibility of monetary policy.