Macroprudential policy and aggregate demand

This paper assesses the impact of macroprudential policy (MaPP) on aggregate demand in the EU between 2000-2019. Using a difference-in-differences approach, we find that MaPP reduces household consumption and increases firm investment. These effects are relatively mild in the short run but become mo...

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Detalhes bibliográficos
Autor principal: Teixeira, André (author)
Outros Autores: Venter, Zoe (author)
Formato: preprint
Idioma:eng
Publicado em: 2022
Assuntos:
Macroprudential policy
Aggregate demand
Consumption
Investment
Savings
Difference-in-differences
Texto completo:http://hdl.handle.net/10400.14/38216
País:Portugal
Oai:oai:repositorio.ucp.pt:10400.14/38216

Texto Completo

http://hdl.handle.net/10400.14/38216

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