Macroprudential policy: Benefits, side effects and limitations
Public support
Provider
Czech Science Foundation
Programme
Standard projects
Call for proposals
SGA0202600001
Main participants
Evropská výzkumná univerzita, z.ú.
Contest type
VS - Public tender
Contract ID
26-23343S
Alternative language
Project name in Czech
Macroprudential policy: Benefits, side effects and limitations
Annotation in Czech
This research project investigates the effectiveness, side effects, and limitations of macroprudential policies in promoting financial stability. While these policies enhance financial resilience, their broader economic implications—such as credit market efficiency, income inequality, and mortgage affordability—remain underexplored. Using granular borrower- and bank-level data, the project examines heterogeneous effects across income groups, regions, and economic cycles. The project employs advanced econometric techniques, including panel data models, machine learning algorithms, and hazard models, to assess policy impacts on credit access, refinancing decisions, and financial market stability. The findings will provide valuable insights for policymakers aiming to balance financial stability objectives with economic growth and social equity considerations.
Scientific branches
R&D category
ZV - Basic research
OECD FORD - main branch
50202 - Applied Economics, Econometrics
OECD FORD - secondary branch
50206 - Finance
OECD FORD - another secondary branch
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CEP - equivalent branches <br>(according to the <a href="http://www.vyzkum.cz/storage/att/E6EF7938F0E854BAE520AC119FB22E8D/Prevodnik_oboru_Frascati.pdf">converter</a>)
AH - Economics<br>GA - Agricultural economics
Solution timeline
Realization period - beginning
Jan 1, 2026
Realization period - end
Dec 31, 2028
Project status
Z - Beginning multi-year project
Latest support payment
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Data delivery to CEP
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data delivery code
CEP26-GA0-GA-R
Data delivery date
Apr 27, 2026
Finance
Total approved costs
3,831 thou. CZK
Public financial support
3,831 thou. CZK
Other public sources
0 thou. CZK
Non public and foreign sources
0 thou. CZK