The views expressed in this paper are those of the authors, and not necessarily those of the Bank of England or the International Monetary Fund. We are grateful to Joseph Peek, Jacob de Haan, an anonymous referee, Charles Goodhart, Helene Rey, Richard Portes, Lucrezia Reichlin, Glenn Hoggarth, David Aikman, Andy Haldane, Martin Brooke, Franziska Ohnsorge, Jeromin Zettlemeyer, and seminar participants at the Bank of England, London School of Economics, London Business School, EBRD, Columbia University, Cornell, Wharton, Dartmouth, Yale, LSU, Tulane, Clemson, the Chicago Fed, the Bank of Spain, Bocconi University, and the IMF for valuable comments. All errors and omissions remain our own.
Does Macro-Prudential Regulation Leak? Evidence from a UK Policy Experiment
Article first published online: 27 JAN 2014
© 2014 Bank of England
Journal of Money, Credit and Banking
Volume 46, Issue s1, pages 181–214, February 2014
How to Cite
AIYAR, S., CALOMIRIS, C. W. and WIELADEK, T. (2014), Does Macro-Prudential Regulation Leak? Evidence from a UK Policy Experiment. Journal of Money, Credit and Banking, 46: 181–214. doi: 10.1111/jmcb.12086
- Issue published online: 27 JAN 2014
- Article first published online: 27 JAN 2014
- Manuscript Accepted: 20 MAY 2013
- Manuscript Received: 21 FEB 2012
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