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240607 ||| eng |
| 020 |
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|a 9798400267383
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| 100 |
1 |
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|a Gross, Marco
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| 245 |
0 |
0 |
|a Macroprudential Policy Calibration for Greece
|b Simulations for Borrower-Based Measures
|c Marco Gross, Shiqing Hua, Mariusz Jarmuzek, Wei Shi
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2024
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| 300 |
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|a 20 pages
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| 651 |
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4 |
|a Greece
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| 653 |
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|a Credit
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| 653 |
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|a Real Estate
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| 653 |
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|a Banks
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| 653 |
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|a Finance
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| 653 |
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|a Industries: Financial Services
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| 653 |
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|a Financial sector policy and analysis
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| 653 |
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|a Mortgages
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| 653 |
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|a Housing; Prices
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| 653 |
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|a International organization
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| 653 |
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|a Money
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| 653 |
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|a Property & real estate
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| 653 |
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|a International institutions
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| 653 |
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|a Forecasting and Other Model Applications
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| 653 |
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|a International Economics
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Real estate prices
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| 653 |
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|a International Agreements and Observance
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| 653 |
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|a Production Analysis and Firm Location: Government Policies
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| 653 |
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|a Economic policy
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| 653 |
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|a Depository Institutions
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| 653 |
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|a International Organizations
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| 653 |
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|a Monetary economics
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| 653 |
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|a Financial institutions
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| 653 |
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|a International agencies
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| 653 |
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|a Micro Finance Institutions
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| 653 |
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|a Monetary Policy, Central Banking, and the Supply of Money and Credit: General
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| 653 |
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|a Financial Institutions and Services: Government Policy and Regulation
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| 653 |
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|a Regulatory Policies
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| 653 |
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|a Loans
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| 653 |
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|a Financial Markets and the Macroeconomy
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| 653 |
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|a Prices
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| 653 |
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|a Real Estate Markets, Spatial Production Analysis, and Firm Location: General
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| 653 |
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|a Monetary policy
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| 653 |
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|a Central Banks and Their Policies
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| 653 |
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|a Macroprudential policy
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| 653 |
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|a Monetary Policy
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| 653 |
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|a Money and Monetary Policy
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| 700 |
1 |
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|a Hua, Shiqing
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| 700 |
1 |
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|a Jarmuzek, Mariusz
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| 700 |
1 |
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|a Shi, Wei
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a Selected Issues Papers
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| 028 |
5 |
0 |
|a 10.5089/9798400267383.018
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| 856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/018/2024/008/018.2024.issue-008-en.xml?cid=545049-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
0 |
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|a 330
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| 520 |
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|a The Greek financial system has remained resilient underpinned by strengthening banks’ balance sheets, but still faces significant challenges ahead including the re-emergence of imbalances in the real estate market. Recognizing these imbalances, the authorities have recently introduced the necessary legal framework for setting borrower-based measures (BBMs), paving the way to activate both income- and collateral-based measures in near term. Simulations, which employ a quantitative framework combining micro- and macro-level data, show that BBMs would help enhance household resilience, with synergies when caps on debt service-to-income (DSTI) and loan-to-value (LTV) ratios are jointly implemented, leading over time to the more resilient banking system against potential risks. Caps could initially be set at less binding levels and gradually tightened based on a systemic risk assessment
|