Financial spillovers, spillbacks, and the scope for international macroprudential policy coordination

Autor: Luiz Awazu Pereira da Silva, Pierre-Richard Agénor

Publikováno v: International Economics and Economic Policy

This paper discusses the scope for international macroprudential policy coordination in a financially integrated world economy. It begins with a review of the transmission channels associated with, and the empirical evidence on, financial spillovers

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::3ff30d7c648663d374f0783a8864a1f7
http://europepmc.org/articles/PMC8514282

Penser la stabilité financière à l'ère des risques écologiques globaux – Vers de nouveaux arbitrages entre efficience et résilience des systèmes complexes

Autor: Frederic Samama, Patrick Bolton, Morgan Després, Romain Svartzman, Luiz Awazu Pereira da Silva

Publikováno v: Revue d'économie financière. :41-54

Cet article examine les implications pour la stabilite financiere de nouveaux risques ecologiques globaux et systemiques (« Cygnes Verts »), incluant les risques climatiques et la pandemie de la Covid-19. Plutot que de proposer une solution unique

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::9012ef4e163473fad8c31e69b28e76e9
https://doi.org/10.3917/ecofi.138.0041

8. Quel rôle pour les banques centrales face aux risques climatiques et autres « Cygnes Verts » ?

Autor: Morgan Després, Romain Svartzman, Patrick Bolton, Frederic Samama, Luiz Awazu Pereira da Silva

Publikováno v: Regards croisés sur l'économie. :110-122

Le changement climatique pose de nouveaux risques systemiques, qu’on appelle des « Cygnes Verts », auxquels les banques centrales doivent desormais faire face dans le cadre de leur mandat de stabilite financiere. Les risques climatiques (physique

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::7042ecdbeae5a499d01363ceeacd4fa4
https://doi.org/10.3917/rce.026.0110

Cyclically adjusted provisions and financial stability

Autor: Pierre-Richard Agénor, Luiz Awazu Pereira da Silva

Publikováno v: Agénor, P R & Pereira da Silva, L 2017, ' Cyclically adjusted provisions and financial stability ', Journal of Financial Stability, vol. 28, pp. 143-162 . https://doi.org/10.1016/j.jfs.2016.12.009

This paper studies the extent to which alternative loan loss provisioning regimes affect the procyclicality of the financial system and financial stability. It uses a DSGE model with financial frictions (namely, balance sheet and collateral effects,

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::58f36ca84e6cd17ad0758d7ff626ed27
https://doi.org/10.1016/j.jfs.2016.12.009

Quantitative easing and related capital flows into Brazil: Measuring its effects and transmission channels through a rigorous counterfactual evaluation

Autor: Luiz Awazu Pereira da Silva, Adriana Soares Sales, João Barata Ribeiro Blanco Barroso

Publikováno v: Journal of International Money and Finance. 67:102-122

This paper investigates whether quantitative easing policies produces spillover effects from advanced economies into emerging markets affecting prices and asset markets, and, if so, how much of these effects is attributed to “excessive” capital i

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::df976ce983e225a0467e26f002f39144
https://doi.org/10.1016/j.jimonfin.2015.06.013