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"....

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Valencia, Fabian
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2008.
Loạt:IMF Working Papers; Working Paper ; No. 2008/248
Truy cập trực tuyến:Full text available on IMF