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Tribute to Mac McQuown, GCFP Board Member

Oct 25 Papers

Papers on Financial Policy by Sloan Colleagues

MIT Golub Center for Finance and Policy

Economics

Positive Cross-border Policy Spillovers?

By

MIT GCFP - Research

Mar 22, 2021

Ever wonder if contagion can ever be a good thing? In the paper “Friend or Foe: Cross-Border Links, Contagious Banking Crises, and Joint Use of Macroprudential Policies,” Laura Kodres, associate with the GCFP and former Distinguished Senior Fellow, along with co-authors Seung Mo Choi and Jing Lu, find that macroprudential policies employed by a country that is closely-linked to others can have positive spillover effects–lowering the chances of a banking crisis even among countries that do not implement similar policies.

Click here for the full paper

MIT Golub Center for Finance and Policy Papers on Financial Policy by Sloan Colleagues

Robert Holzmann [older man with white hair, white skin and glasses wearing a dark suit with a light blue tie]

MIT Golub Center for Finance and Policy OeNB Governor Robert Holzmann

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MIT Golub Center for Finance and Policy MIT GCFP and MIT DCI co-host talk by President of Deutsche Bundesbank