Does Macro-Prudential Regulation Leak? Evidence from a UK Policy Experiment.

AIYAR, S., CALOMIRIS, C. W., & WIELADEK, T. (2014). Does Macro-Prudential Regulation Leak? Evidence from a UK Policy Experiment. Journal of Money, Credit and Banking, 46, 181-214.

Type

Journal article

Intellectual base

Primary research

Year

2014

DOI

10.1111/jmcb.12086

Link

https://doi.org/10.1111/jmcb.12086

Cited from

public_administration_policy

Cited by

1 citation across 1 artifact.

Each citation links to the sentence it supports in the citing article.

Primes

• Boundary Signal Spillover
  • In regulation, a rule targeted at one sector triggers anticipatory restructuring in an adjacent sector that fears extension.

    This sourceDocuments regulatory spillover: a rule targeted at one set of (regulated) lenders shifts behaviour onto adjacent, unregulated lenders, evidence that a target-scoped rule reshapes an adjacent sector.

Verification

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Registry ID ref:77e21c55b0b1 · see in the full table