Assessing macroprudential regulation: the role of the zero lower bound

Jerger, Juergen and Koerner, Jenny (2018) Assessing macroprudential regulation: the role of the zero lower bound. APPLIED ECONOMICS LETTERS, 25 (9). pp. 580-583. ISSN 1350-4851, 1466-4291

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Abstract

We look at the interaction between the zero lower bound (ZLB) and flexible macroprudential regulation (FMR). After an adverse demand shock, FMR contributes to financial stability irrespective of the ZLB and also to macroeconomic stabilization if the ZLB binds.

Item Type: Article
Uncontrolled Keywords: ; (Flexible) macroprudential regulation; zero lower bound; financial stability
Subjects: 300 Social sciences > 330 Economics
Divisions: Business, Economics and Information Systems > Institut für Betriebswirtschaftslehre > Lehrstuhl für Immobilienfinanzierung (Prof. Dr. Steffen Sebastian)
Business, Economics and Information Systems > Institut für Immobilienenwirtschaft / IRE|BS > Lehrstuhl für Immobilienfinanzierung (Prof. Dr. Steffen Sebastian)
Depositing User: Dr. Gernot Deinzer
Date Deposited: 20 Mar 2020 12:36
Last Modified: 20 Mar 2020 12:36
URI: https://pred.uni-regensburg.de/id/eprint/15446

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