When Banks Punch Back : Macrofinancial Feedback Loops in Stress Tests /
In the presence of adverse macroeconomic shocks, simultaneous capital losses in multiple banks can prompt them to contract their balance sheets. These bank responses generate externalities that propagate in the form of macro-financial feedback loops. This paper develops a credit response and externa...
| প্রধান লেখক: | |
|---|---|
| অন্যান্য লেখক: | |
| বিন্যাস: | পত্রিকা |
| ভাষা: | English |
| প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2020.
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| মালা: | IMF Working Papers; Working Paper ;
No. 2020/072 |
| অনলাইন ব্যবহার করুন: | Full text available on IMF |