A Simple Macroprudential Liquidity Buffer /

A mechanism is proposed that aims to reduce the risk of a banking sector liquidity crisis-which is a quintessentially systemic event and thus the object of macroprudential policy-and moderate the effects of a crisis should one occur. The instrument would give banks more incentive to build up buffers...

Deskribapen osoa

Xehetasun bibliografikoak
Egile nagusia: Hardy, Daniel
Beste egile batzuk: Hochreiter, Philipp
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2014.
Saila:IMF Working Papers; Working Paper ; No. 2014/235
Sarrera elektronikoa:Full text available on IMF