How Effective are Macroprudential Policies in China? /
This paper investigates macroprudential policies and their role in containing systemic risk in China. It shows that China faces systemic risk in both the time (procyclicality) and cross-sectional (contagion) dimensions. The former is reflected as credit and asset price risks, while the latter is ref...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2013.
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Series: | IMF Working Papers; Working Paper ;
No. 2013/075 |
Online Access: | Full text available on IMF |