The Volatility Costs of Procyclical Lending Standards : An Assessment Using a Dsge Model /

The ongoing financial turmoil has triggered a lively debate on ways of containing systemic risk and lessening the likelihood of boom-and-bust episodes in credit markets. Particularly, it has been argued that banking regulation might attenuate procyclicality in lending standards by affecting the beha...

Πλήρης περιγραφή

Λεπτομέρειες βιβλιογραφικής εγγραφής
Κύριος συγγραφέας: Sgherri, Silvia
Άλλοι συγγραφείς: Gruss, Bertrand
Μορφή: Επιστημονικό περιοδικό
Γλώσσα:English
Έκδοση: Washington, D.C. : International Monetary Fund, 2009.
Σειρά:IMF Working Papers; Working Paper ; No. 2009/035
Διαθέσιμο Online:Full text available on IMF