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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Sgherri, Silvia
Muut tekijät: Gruss, Bertrand
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2009.
Sarja:IMF Working Papers; Working Paper ; No. 2009/035
Linkit:Full text available on IMF