The Macroeconomic Effects of Macroprudential Policy : Evidence from a Narrative Approach /

The Macroeconomic Effects of Macroprudential Policy : Evidence from a Narrative Approach /

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This paper analyzes the macroeconomic effects of macroprudential policy-in the form of legal reserve requirements-in three Latin American countries (Argentina, Brazil, and Uruguay). To correctly identify innovations in changes in legal reserve requirements, a narrative approach-based on contemporane...

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Bibliographic Details
Main Authors: Rojas, Diego (Author), Vegh, Carlos (Author), Vuletin, Guillermo (Author)
Other Authors: Végh Gramont, Carlos A., 1958-
Format: Book
Language:English
Published: Washington : The World Bank, 2022
Washington, D.C. : 2022
Series:Policy research working papers
Policy research working papers
World Bank e-Library
Subjects:
Business cycles
Identification > ^A1026910
Monetary policy > ^A1040556
Monetary policy
Stability > ^A1064169
Business Cycle
Business Cycles and Stabilization Policies
Economic Policy, Institutions and Governance
Endogeneity
Fiscal and Monetary Policy
Macroeconomic Effects
Macroeconomics and Economic Growth
Macroprudential Policy
Narrative Approach
Reserve Requirements
Systemic Risk

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