Growth and Welfare Effects of Macroprudential Regulation

This paper studies macroprudential regulation in a model of endogenous growth with banking and agency costs

Abstract

This paper studies the growth and welfare effects of macroprudential regulation in an overlapping generations model of endogenous growth with banking and agency costs.

This is an output from the ‘Financial Volatility, Macroprudential Regulation and Economic Growth in Low-Income Countries project led by the University of Manchester

Citation

Agénor, P. (2018). Growth and Welfare Effects of Macroprudential Regulation. Macroeconomic Dynamics, 1-23. https://doi.org/10.1017/S1365100517001080

Growth and Welfare Effects of Macroprudential Regulation

Published 7 February 2018