{"id":"https://openalex.org/W2807730828","doi":null,"title":"What are the Effects of Macroprudential Policies on Macroeconomic Performance","display_name":"What are the Effects of Macroprudential Policies on Macroeconomic Performance","publication_year":2017,"publication_date":"2017-09-17","ids":{"openalex":"https://openalex.org/W2807730828","mag":"2807730828"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:bis:bisqtr:1709g","doi":null,"is_oa":false,"landing_page_url":"http://www.bis.org/publ/qtrpdf/r_qt1709g.pdf","pdf_url":"http://www.bis.org/publ/qtrpdf/r_qt1709g.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},"volume":null,"type":"article","indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID3042014_code1109023.pdf?abstractid=3042014&mirid=1","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5000039837","display_name":"Codruta Boar","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Codruta Boar","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5047191177","display_name":"Leonardo Gambacorta","orcid":"https://orcid.org/0000-0002-9895-6590","observed_orcids":["https://orcid.org/0000-0002-9895-6590"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Leonardo Gambacorta","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0002-9895-6590","affiliations":[]},{"author_position":"middle","author":{"id":"https://openalex.org/A5102788120","display_name":"Giovanni Lombardo","orcid":"https://orcid.org/0000-0003-4664-1922","observed_orcids":["https://orcid.org/0000-0003-4664-1922","https://orcid.org/0009-0003-0653-9349"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Giovanni Lombardo","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0003-4664-1922","affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5018849396","display_name":"Luiz Awazu Pereira da Silva","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Luiz Awazu Pereira da Silva","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":9.9382,"has_fulltext":false,"cited_by_count":65,"citation_normalized_percentile":{"value":0.97997013,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":93,"max":99},"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.8314999938011169,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10127","display_name":"Banking stability, regulation, efficiency","score":0.8314999938011169,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.09449999779462814,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.039799999445676804,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/macroprudential-policy","display_name":"macroprudential policy","score":0.9980000257492065},{"id":"https://openalex.org/keywords/macroeconomic-performance","display_name":"macroeconomic performance","score":0.9269999861717224},{"id":"https://openalex.org/keywords/gdp-growth","display_name":"GDP growth","score":0.8510000109672546},{"id":"https://openalex.org/keywords/financial-crises","display_name":"financial crisis","score":0.7649999856948853},{"id":"https://openalex.org/keywords/credit-supply","display_name":"credit supply","score":0.8899999856948853},{"id":"https://openalex.org/keywords/investment","display_name":"investment","score":0.859000027179718},{"id":"https://openalex.org/keywords/economic-openness","display_name":"economic openness","score":0.6819999814033508},{"id":"https://openalex.org/keywords/financial-development","display_name":"financial development","score":1.0}],"concepts":[{"id":"https://openalex.org/C84976871","wikidata":"https://www.wikidata.org/wiki/Q2015673","display_name":"Openness to experience","level":2,"score":0.7943559885025024},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7067657113075256},{"id":"https://openalex.org/C2779957021","wikidata":"https://www.wikidata.org/wiki/Q6725585","display_name":"Macroprudential regulation","level":4,"score":0.6560086011886597},{"id":"https://openalex.org/C121087249","wikidata":"https://www.wikidata.org/wiki/Q546395","display_name":"Emerging markets","level":2,"score":0.6497698426246643},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.6097844839096069},{"id":"https://openalex.org/C2991917167","wikidata":"https://www.wikidata.org/wiki/Q1598018","display_name":"Real economy","level":2,"score":0.5733373761177063},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.5215204358100891},{"id":"https://openalex.org/C6422946","wikidata":"https://www.wikidata.org/wiki/Q857354","display_name":"Panel data","level":2,"score":0.5190425515174866},{"id":"https://openalex.org/C2776076839","wikidata":"https://www.wikidata.org/wiki/Q5449705","display_name":"Financial deepening","level":3,"score":0.4407212436199188},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.38051795959472656},{"id":"https://openalex.org/C2778300220","wikidata":"https://www.wikidata.org/wiki/Q114380","display_name":"Financial crisis","level":2,"score":0.3583982586860657},{"id":"https://openalex.org/C144587487","wikidata":"https://www.wikidata.org/wiki/Q1369234","display_name":"Systemic risk","level":3,"score":0.1749347746372223},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.0988360345363617},{"id":"https://openalex.org/C65146658","wikidata":"https://www.wikidata.org/wiki/Q1416431","display_name":"Financial intermediary","level":2,"score":0.09413948655128479},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C77805123","wikidata":"https://www.wikidata.org/wiki/Q161272","display_name":"Social psychology","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"pmh:oai:RePEc:bis:bisqtr:1709g","doi":null,"is_oa":false,"landing_page_url":"http://www.bis.org/publ/qtrpdf/r_qt1709g.pdf","pdf_url":"http://www.bis.org/publ/qtrpdf/r_qt1709g.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"mag:2807730828","doi":null,"is_oa":false,"landing_page_url":"https://ddd.bis.org/publ/qtrpdf/r_qt1709g.htm","pdf_url":null,"source":{"id":"https://openalex.org/S4306504463","display_name":"BIS quarterly review","issn_l":"1683-0121","issn":["1683-0121"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"BIS quarterly review","raw_type":null},{"id":"mag:3122773887","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID3042014_code1109023.pdf?abstractid=3042014&mirid=1","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null}],"best_oa_location":{"id":"mag:3122773887","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/Delivery.cfm/SSRN_ID3042014_code1109023.pdf?abstractid=3042014&mirid=1","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},"sustainable_development_goals":[{"score":0.6452000141143799,"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W4389146506","https://openalex.org/W2972419514","https://openalex.org/W4285674103","https://openalex.org/W4384296291","https://openalex.org/W3174093263","https://openalex.org/W3136606626","https://openalex.org/W4400929702","https://openalex.org/W7131362876","https://openalex.org/W3010598288","https://openalex.org/W2980586301"],"abstract_inverted_index":{"Macroprudential":[0],"policies":[1,50],"are":[2,78],"designed":[3],"to":[4,95,98],"make":[5],"financial":[6,85],"crises":[7],"less":[8,11,72],"likely":[9],"or":[10],"severe.":[12],"At":[13],"the":[14,46],"same":[15],"time,":[16],"they":[17],"might":[18],"also":[19],"curb":[20],"output":[21],"growth":[22],"by":[23,80],"affecting":[24],"credit":[25],"supply":[26],"and":[27,37,71,84],"investment.":[28],"Using":[29],"data":[30],"for":[31],"a":[32],"panel":[33],"of":[34,48],"64":[35],"advanced":[36],"emerging":[38],"market":[39],"economies,":[40],"this":[41],"special":[42],"feature":[43],"investigates":[44],"empirically":[45],"effects":[47,77],"macroprudential":[49,63,92],"on":[51],"long-run":[52],"economic":[53],"performance.":[54],"We":[55],"find":[56,89],"that":[57,59,90],"countries":[58],"more":[60],"frequently":[61],"use":[62],"tools,":[64],"other":[65],"things":[66],"being":[67],"equal,":[68],"experience":[69],"stronger":[70],"volatile":[73],"GDP":[74],"growth.":[75,99],"These":[76],"influenced":[79],"each":[81],"economy\u2019s":[82],"openness":[83],"development.":[86],"Finally,":[87],"we":[88],"non-systematic":[91],"interventions":[93],"tend":[94],"be":[96],"detrimental":[97]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":4},{"year":2024,"cited_by_count":8},{"year":2023,"cited_by_count":9},{"year":2022,"cited_by_count":7},{"year":2021,"cited_by_count":11},{"year":2020,"cited_by_count":14},{"year":2019,"cited_by_count":8},{"year":2018,"cited_by_count":3}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2018-06-21T00:00:00"}