Cyclical Implications of Changing Bank Capital Requirements in a Macroeconomic Framework /
There is a widespread view that bank capital requirements should be loosened during recessions and tightened during expansions to avoid excessive credit and output swings. This view is based on a partial analysis that ignores the effects of capital requirement policies on the saving decisions of hou...
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| Format: | Tidsskrift |
| Sprog: | English |
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Washington, D.C. :
International Monetary Fund,
2005.
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| Serier: | IMF Working Papers; Working Paper ;
No. 2005/168 |
| Online adgang: | Full text available on IMF |