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...
Κύριος συγγραφέας: | |
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Άλλοι συγγραφείς: | |
Μορφή: | Επιστημονικό περιοδικό |
Γλώσσα: | English |
Έκδοση: |
Washington, D.C. :
International Monetary Fund,
2005.
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Σειρά: | IMF Working Papers; Working Paper ;
No. 2005/168 |
Διαθέσιμο Online: | Full text available on IMF |