Banks' Precautionary Capital and Persistent Credit Crunches /
Periods of banking distress are often followed by sizable and long-lasting contractions in bank credit. They may be explained by a declined demand by financially impaired borrowers (the conventional financial accelerator) or by lower supply by capital-constrained banks, a "credit crunch"....
| Autor principal: | |
|---|---|
| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
2008.
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| Col·lecció: | IMF Working Papers; Working Paper ;
No. 2008/248 |
| Accés en línia: | Full text available on IMF |