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...

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Bibliografische gegevens
Hoofdauteur: Sgherri, Silvia
Andere auteurs: Gruss, Bertrand
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2009.
Reeks:IMF Working Papers; Working Paper ; No. 2009/035
Online toegang:Full text available on IMF