Household Credit, Global Financial Cycle, and Macroprudential Policies : Credit Register Evidence from an Emerging Country »
Series: IMF Working Papers
Author(s): Mircea Epure , Irina Mihai , Camelia Minoiu , and José-Luis Peydró
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 24 January 2018
Keywords: Household credit, Romania, Europe, Central banks and their policies, macroprudential policies, global financial cycle, cross-border spillovers, General
We analyze the effects of macroprudential policies on local bank credit cycles and interactions with international financial conditions. For identification, we exploit the comprehensive credit register containing a...