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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Tác giả chính: Sgherri, Silvia
Tác giả khác: Gruss, Bertrand
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2009.
Loạt:IMF Working Papers; Working Paper ; No. 2009/035
Truy cập trực tuyến:Full text available on IMF