Characterization of the Chilean financial cycle, early warning indicators and implications for macro-prudential policies

From the perspective of an emerging country – Chile – we analyze the recommendations of the Basel Committee of Banking Supervision (BCBS) regarding the design and implementation of indicators to guide countercyclical capital buffer (CCyB) policy decisions. We analyze the sensitivity of the predictiv...

Full description

Bibliographic Details
Main Authors: Juan Francisco Martínez, Daniel Oda
Format: Article
Language:English
Published: Elsevier 2021-03-01
Series:Latin American Journal of Central Banking
Online Access:http://www.sciencedirect.com/science/article/pii/S2666143821000041