Debt Service and Default : Calibrating Macroprudential Policy Using Micro Data /
We provide empirical evidence to support the calibration of a limit on household indebtedness levels, in the form of a cap on the debt-service-to-income (DSTI) ratio, in order to reduce the probability of borrower defaults in Romania. The analysis establishes two findings that are new to the literat...
| 第一著者: | |
|---|---|
| その他の著者: | , , |
| フォーマット: | 雑誌 |
| 言語: | English |
| 出版事項: |
Washington, D.C. :
International Monetary Fund,
2019.
|
| シリーズ: | IMF Working Papers; Working Paper ;
No. 2019/182 |
| オンライン･アクセス: | Full text available on IMF |