Related by context. Frequent words. (Click for all words.) 60 contractionary 58 countercyclical 57 risk premia 57 macro prudential 56 monetary aggregates 55 expansionary 55 macroeconomic 54 expansionary monetary policy 54 external imbalances 54 financialization 53 macroeconomic imbalances 53 looser monetary 53 expansionary fiscal 51 prudential regulation 51 moral hazard 51 disinflationary 51 counter cyclical 51 inflationary 51 financial intermediation 50 deflationary 50 accommodative monetary policy 50 prudential 50 perverse incentives 49 mean reversion 49 stimulative 49 macroeconomic stability 49 Deleveraging 49 accommodative 49 macroeconomic fundamentals 49 constraining 49 automatic stabilizers 49 beggar thy neighbor 48 deleveraging 48 macro economic 48 redistributive 48 cyclicality 48 FII flows 48 EMs 48 highly levered 48 microeconomic 48 capital inflows 47 overleveraged 47 Downside risks 47 heightened risk aversion 47 mispricing 47 asset bubbles 47 tighter monetary 47 disinflation 47 cyclical 47 Isarescu 47 rigidities 47 externalized 47 overinvestment 47 Kuijs 47 frontloading 47 currency debasement 47 CRR hike 47 prudential supervision 46 mercantilist 46 regulatory arbitrage 46 Basel III 46 SWFs 46 expansionary policies 46 tightening monetary 46 speculative bubbles 46 Inflationary 46 systemically important 46 prepayment speeds 46 spillovers 46 external shocks 46 Ulyukayev 46 Wellink 46 riskiness 45 monetary tightening 45 volatility 45 liquidity 45 Macroeconomic 45 volatilities 45 imbalances 45 structural imbalances 45 imbalanced 45 Keynesian 45 IFIs 45 Oudea 45 oligopolistic 45 Hatzius 45 Imbalances 45 Liquidity Risk 44 reflation 44 generalized 44 nontransparent 44 dollarization 44 externalities 44 spillover effects 44 Stagflation 44 protectionist 44 monetary easing 44 risk averse 44 yield curve 44 Basel II 44 inverted yield curve