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...

ver descrição completa

Detalhes bibliográficos
Autor principal: Wang, Bin
Outros Autores: Sun, Tao
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2013.
Colecção:IMF Working Papers; Working Paper ; No. 2013/075
Acesso em linha:Full text available on IMF