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Macroprudential policy and aggregate demand

dc.contributor.authorTeixeira, André
dc.contributor.authorVenter, Zoe
dc.date.accessioned2023-11-08T09:22:23Z
dc.date.available2023-11-08T09:22:23Z
dc.date.issued2023-11-01
dc.description.abstractThis paper assesses the impact of macroprudential policy (MaPP) on aggregate demand in the EU between 2000 and 2019. Using a difference-in-differences approach, we find that MaPP reduces household consumption and increases firm investment. These effects are relatively mild in the short run but become more pronounced in the long run. Our findings point to a weaker macroeconomic impact than suggested in previous studies.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.issn1815-4654
dc.identifier.urihttp://hdl.handle.net/10400.14/42999
dc.identifier.wos001082119700001
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.titleMacroprudential policy and aggregate demandpt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage40pt_PT
oaire.citation.issue4pt_PT
oaire.citation.startPage1pt_PT
oaire.citation.titleInternational Journal of Central Bankingpt_PT
oaire.citation.volume19pt_PT
rcaap.rightsopenAccesspt_PT
rcaap.typearticlept_PT

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