Ricardo Correa

VoxEU @ CEPR

@voxeu.org

Many open questions remain on the drivers, effects, and effectiveness of prudential regulation, despite its widespread enhancement and adoption across countries following the Global Financial Crisis.
E Cerutti, @rcorrea.bsky.social, L S. Goldberg, Anni Norring
cepr.org/voxeu/column...
#EconSky

Graph of the number of countries having implemented cyclical prudential instruments, the inflation rate, and whether the instruments were tightened or loosened during a given time.

Since the Global Crisis, prudential instruments to address financial stability concerns have been enhanced and broadly adopted across countries. Using the recently updated International Banking Research Network Prudential Instrument database, this column shows that by 2023 most of the 64 countries considered have implemented most of the instruments. During the 2021-2023 inflation episode, cyclical prudential instruments were tightened as average inflation and policy interest rates rose. Many open questions remain on the drivers, effects, and effectiveness of prudential regulation, not least because these policies may also have unintended consequences.

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Reposted by: Ricardo Correa

Juri Marcucci

@jurimarcucci.bsky.social

🧠 How do firms react to global economic pressure—before policy hits?

Join us Jun 20 for the #AMLEDS #webinar w/ ‪@antonio-coppola.bsky.social‬ (Stanford GSB) on Geoeconomic Pressure. #AI + #text + #tradewars.

🔗 Register: lnkd.in/egTakd2
📄 Paper: ssrn.com/abstract=516...

#EconTwitter #EconSky #LLM

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Reposted by: Ricardo Correa

Juri Marcucci

@jurimarcucci.bsky.social

Another great #AMLEDS #webinar Friday February 14 2025 Don’t miss it!

@nathanlane.bsky.social (@ox.ac.uk) will present "The Who, What, When, and How of Industrial Policy: A Text-Based Approach"

Paper tinyurl.com/y2kvuazs

Register lnkd.in/egTakd2

#econsky #EconTwitter #Machinelearning #AI #NLP

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by Ricardo Correa

Ricardo Correa

@rcorrea.bsky.social

Great paper!

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by Ricardo Correa — Reposted by: Ricardo Correa

Ricardo Correa

@rcorrea.bsky.social

We have a great AMLEDS webinar this Friday. Don’t miss it! #econsky

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by Erik Brynjolfsson — Reposted by: Ricardo Correa

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Reposted by: Ricardo Correa

IBRN

@ibrn-network.bsky.social

The IBRN has its winter meeting, with great papers on Climate and Financial Intermediation and Non-Bank Financial Institutions. Thanks to the #BancodeMéxico and in particular #GeorgiaBush for hosting and to all #centralbanks for great papers and presentations. Details at www.newyorkfed.org/ibrn.

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