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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Bibliografische gegevens
Hoofdauteur: Ganapolsky, Eduardo
Andere auteurs: Catalan, Mario
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2005.
Reeks:IMF Working Papers; Working Paper ; No. 2005/168
Online toegang:Full text available on IMF