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...
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Altri autori: | |
Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2014.
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Serie: | IMF Working Papers; Working Paper ;
No. 2014/235 |
Accesso online: | Full text available on IMF |