An example of model-based analysis is a study of LTV ratios in the context of calibrated general-equilibrium macro models by Luisa Lambertini, Caterina Medicino, and Maria Teresa Punzi (2011), “Leaning against Boom-Bust Cycles in Credit and Housing Prices” (PDF), Banco de Portugal Working Papers 8/11 (Lisboa, Portugal: Banco de Portugal, March); another example of model-based analysis is a study of countercyclical capital buffers in the context of calibrated general-equilibrium macro models by Ian Christensen, Césaire Meh, and Kevin Moran (2011), “Bank Leverage Regulation and Macroeconomic Dynamics” (PDF), paper presented at the Regulation of Systemic Risk Conference sponsored by the Board of Governors of the Federal Reserve System and the Journal of Money, Credit and Banking, Washington, September 15–16.
In the BSP, we institutionalized consumer protection by creating one department which sole function is to be a redress mechanism for consumer grievances and complaints. Being in the BSP’s Financial Consumer Affairs Group (FCAG) is not an easy day job, as you can imagine.