Pol??ticas macroprudenciais no contexto de Basil??ia III: uma aplica????o ao Brasil

• Ano de defesa: 2017
• Autor(a) principal: Lara, Luciano Rodrigues
• Orientador(a): Divino, Jos?? Angelo Costa do Amor
• Tipo de documento: Dissertação
• Tipo de acesso: Acesso aberto
• Idioma: por
• Instituição de defesa: Universidade Cat??lica de Bras??lia
• Programa de Pós-Graduação: Programa Strictu Sensu em Economia de Empresas
• Departamento: Escola de Gest??o e Neg??cios
• País: Brasil
• Palavras-chave em Português: Requerimento de capital; Buffer de capital contrac??clico; Dep??sitos compuls??rios
• Área do conhecimento CNPq: ECONOMIA
• Resumo em Inglês: The 2008 crisis has confirmed the fact that financial crisis can have damaging effects on the real side of the economy. One of the regulators responses to this crisis was the proposition of new capital requirements, known as Basel III. This paper aims to study the effects of two macroprudential policies: capital requirements with countercyclical capital buffers and reserve requirements. This is done using a dynamic stochastic general equilibrium model (DSGE) developed by Gertler and Karadi (2011). Changes in monetary policy and an increase in the total factor productivity are evaluated. The two policies works together to stabilize the economy.
• Link de acesso: https://bdtd.ucb.br:8443/jspui/handle/tede/2238

The 2008 crisis has confirmed the fact that financial crisis can have damaging effects on the real side of the economy. One of the regulators responses to this crisis was the proposition of new capital requirements, known as Basel III. This paper aims to study the effects of two macroprudential policies: capital requirements with countercyclical capital buffers and reserve requirements. This is done using a dynamic stochastic general equilibrium model (DSGE) developed by Gertler and Karadi (2011). Changes in monetary policy and an increase in the total factor productivity are evaluated. The two policies works together to stabilize the economy.