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Ricardo Correa

@rcorrea.bsky.social

Economist. Views are my own. https://sites.google.com/view/ricardocorrea/home

910 Followers  |  572 Following  |  2 Posts  |  Joined: 07.02.2024  |  1.5428

Latest posts by rcorrea.bsky.social on Bluesky

Graph of the number of countries having implemented cyclical prudential instruments, the inflation rate, and whether the instruments were tightened or loosened during a given time. Since the Global Crisis, prudential instruments to address financial stability concerns have been enhanced and broadly adopted across countries. Using the recently updated International Banking Research Network Prudential Instrument database, this column shows that by 2023 most of the 64 countries considered have implemented most of the instruments. During the 2021-2023 inflation episode, cyclical prudential instruments were tightened as average inflation and policy interest rates rose. Many open questions remain on the drivers, effects, and effectiveness of prudential regulation, not least because these policies may also have unintended consequences.

Graph of the number of countries having implemented cyclical prudential instruments, the inflation rate, and whether the instruments were tightened or loosened during a given time. Since the Global Crisis, prudential instruments to address financial stability concerns have been enhanced and broadly adopted across countries. Using the recently updated International Banking Research Network Prudential Instrument database, this column shows that by 2023 most of the 64 countries considered have implemented most of the instruments. During the 2021-2023 inflation episode, cyclical prudential instruments were tightened as average inflation and policy interest rates rose. Many open questions remain on the drivers, effects, and effectiveness of prudential regulation, not least because these policies may also have unintended consequences.

Many open questions remain on the drivers, effects, and effectiveness of prudential regulation, despite its widespread enhancement and adoption across countries following the Global Financial Crisis.
E Cerutti, @rcorrea.bsky.social, L S. Goldberg, Anni Norring
cepr.org/voxeu/column...
#EconSky

10.09.2025 07:46 — 👍 4    🔁 2    💬 0    📌 0
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🧠 How do firms react to global economic pressure—before policy hits?

Join us Jun 20 for the #AMLEDS #webinar w/ ‪@antonio-coppola.bsky.social‬ (Stanford GSB) on Geoeconomic Pressure. #AI + #text + #tradewars.

🔗 Register: lnkd.in/egTakd2
📄 Paper: ssrn.com/abstract=516...

#EconTwitter #EconSky #LLM

18.06.2025 14:52 — 👍 2    🔁 1    💬 0    📌 0
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Another great #AMLEDS #webinar Friday February 14 2025 Don’t miss it!

@nathanlane.bsky.social (@ox.ac.uk) will present "The Who, What, When, and How of Industrial Policy: A Text-Based Approach"

Paper tinyurl.com/y2kvuazs

Register lnkd.in/egTakd2

#econsky #EconTwitter #Machinelearning #AI #NLP

13.02.2025 21:53 — 👍 4    🔁 2    💬 0    📌 0

Great paper!

14.12.2024 16:32 — 👍 1    🔁 0    💬 0    📌 0
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We have a great AMLEDS webinar this Friday. Don’t miss it! #econsky

12.12.2024 03:40 — 👍 8    🔁 2    💬 0    📌 0
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We have a great AMLEDS webinar this Friday. Don’t miss it! #econsky

12.12.2024 03:40 — 👍 8    🔁 2    💬 0    📌 0

Here's a great starter pack of economists working on AI.

Who else should be on this list?

bsky.app/starter-pack...

01.12.2024 19:30 — 👍 74    🔁 32    💬 8    📌 1
Program of the IBRN 2024 winter meeting

Program of the IBRN 2024 winter meeting

The IBRN has its winter meeting, with great papers on Climate and Financial Intermediation and Non-Bank Financial Institutions. Thanks to the #BancodeMéxico and in particular #GeorgiaBush for hosting and to all #centralbanks for great papers and presentations. Details at www.newyorkfed.org/ibrn.

22.11.2024 20:08 — 👍 2    🔁 2    💬 0    📌 0

@rcorrea is following 19 prominent accounts