Macro-prudential policy and banks’ cross-border capital flows
|Author:||Mgr. Ilia Rabinovich, BA,|
|Year:||2018 - summer|
|Leaders:|| doc. PhDr. Adam Geršl Ph.D.
|Work type:|| Finance, Financial Markets and Banking
|Awards and prizes:|
|Abstract:||This thesis analyzes spillover effects of prudential policies on cross-border capital flows in the
period from 2000 until 2014 for 64 countries. It estimates the size of the effect, which 9 most
common prudential policy tools had on capital flows based on BIS LBS. The findings show
spillover effect of general capital requirements and consumer credit capital requirements on the
cross-border capital flows. This work provides analysis of spillover effects in several groups of
countries with special accent on CEE countries.