Bank capital requirements and collateralised lending markets

Rubio, Margarita; Carrasco-Gallego, Jos� A.

doi:10.1111/manc.12182

All Outputs (5)

Macroeconomic and financial stability in a monetary union: the case of Lithuania (2017)
Journal Article

In this paper, we study the implications for macroeconomic and financial stability of macroprudential policies in a monetary union. With this purpose, we develop a two-country monetary union new Keynesian general equilibrium model with housing and co... Read More about Macroeconomic and financial stability in a monetary union: the case of Lithuania.

Monetary policy and the role of inventory investment (2017)
Journal Article

In this paper, we develop a dynamic stochastic general equilibrium model (DSGE) with sticky prices and inventory investment to explore the relationship between inventories and monetary policy. We use the traditional inventory literature as a basis to... Read More about Monetary policy and the role of inventory investment.

Monetary and macroprudential policies under fixed and variable interest rates (2017)
Journal Article

In this paper, I analyze the ability of monetary policy to stabilize both the macroeconomy and financial markets under two different scenarios: fixed and variable-rate mortgages. I develop and solve a New Keynesian dynamic stochastic general equilibr... Read More about Monetary and macroprudential policies under fixed and variable interest rates.

Clustered housing cycles (2017)
Journal Article

Using a panel of U.S. city-level building permits data, we estimate a Markov-switching model of housing cycles that allows cities to systematically deviate from the national housing cycle. These deviations occur for clusters of cities that experience... Read More about Clustered housing cycles.

Bank capital requirements and collateralised lending markets (2017)
Journal Article

In this paper, we take as a baseline a dynamic stochastic general equilibrium (DSGE) model, which features a housing market, borrowers, savers and banks, in order to evaluate the welfare and macroeconomic effects of the new fixed capital requirements... Read More about Bank capital requirements and collateralised lending markets.