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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Drugi avtorji: | |
Format: | Revija |
Jezik: | English |
Izdano: |
Washington, D.C. :
International Monetary Fund,
2009.
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Serija: | IMF Working Papers; Working Paper ;
No. 2009/035 |
Online dostop: | Full text available on IMF |