Specialty Conference

|

Specialty Conference

|

Jan 2017

The Effectiveness of Housing Collateral Tightening Policy

Cristian BADARINZA, Sumit AGARWAL, Wenlan QIAN
We propose a novel supply-side channel for the transmission of macroprudential policy. We exploit a unique policy experiment that tightens collateral requirements differentially across mortgage contract types, and document a composition change towards borrowers that have higher debt-to-income ratios...
Keywords: credit supply, mortgage market, Household Finance
  • View
  • Download
  • Bookmark
  •    |   

Specialty Conference

|

Specialty Conference

|

Jan 2017

Shadow Banking: Economics and Policy

Stijn CLAESSENS
Keywords: Stijn Claessens (Federal Reserve System)
  • View
  • Download
  • Bookmark
  •    |   

Specialty Conference

|

Specialty Conference

|

Sep 2020

Scaling Up Sustainable Investment through Blockchain-based Project Bonds

Yushi CHEN, Ulrich VOLZ
This paper explores options for mobilizing domestic savings through fintech solutions to scale up sustainable investment. Most developing and emerging economies face an urgent need to scale up sustainable finance for low-carbon and climate-resilient infrastructure investment, yet underdeveloped capi...
Keywords: sustainable investment, FinTech, Blockchain
  • View
  • Download
  • Bookmark
  •    |   

Specialty Conference

|

Specialty Conference

|

Jan 2017

Regulating China's Peer to Peer Lending Market: The Role of Information Disclosure

Bihong HUANG, Xiao CHEN, Dezhu YE
Sharing economy is an umbrella term that encompasses a wide range of digital platform-based activities that includes P2P lending and other forms of internet-based lending. The core aim of the sharing economy is to leverage the utilization of idle capacity. P2P lending can not only be used to leverag...
Keywords: Sharing economy, P2P lending, Financial regulation, Financial democracy
  • View
  • Download
  • Bookmark
  •    |   

Specialty Conference

|

Specialty Conference

|

Jan 2017

Regulating Capital Flows at Both Ends: Does it Work?

Atish R. GHOSH, Mahvash S. QURESHI, Naotaka SUGAWARA
This paper examines whether cross-border capital flows can be regulated by imposing capital account restrictions (CARs) in both source and recipient countries, as was originally advocated by John Maynard Keynes and Harry Dexter White. To this end, we use data on bilateral cross-border bank flows fro...
Keywords: cross-boder bank flows, capital controls, prudential measures
  • View
  • Download
  • Bookmark
  •    |