实证分析表明,在资产价格的控制上,亚洲国家宏观审慎监管能够控制资产价格的快速上涨,但宏观审慎监管与货币政策的协同性上表现不佳,而欧洲国家宏观审慎监管与货币政策的配合能有效调控资产价格.在针对信贷的调控上,实证分析表明,亚洲国家宏观审慎监管有效调控了信贷快速增长,但货币政策与宏观审慎监管的协同上表现不尽如人意;而欧洲国家在宏观审慎监管与货币政策的协同上调控效果良好.整体上,美洲国家的实施效果不佳.%This paper empirically shows that Asian countries can better use macro-prudential tools to curb asset prices than European countries, while European countries do better in the synergies between macro-prudential regulation and monetary policies in curbing asset prices. As the maintenance of the credit growth, this paper empirically shows that Asian countries effectively controlled the credit growth but do less better in the synergies between macro-prudential regulation and monetary policies in controlling credit growth, while European countries do well in this field. In all, macro-prudential regulation in American countries does not work well.
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