Effective Macroprudential Policy : Cross-Sector Substitution from Price and Quantity Measures /

Macroprudential policy is increasingly being implemented worldwide. Its effectiveness in influencing bank credit and its substitution effects beyond banking have been a key subject of discussion. Our empirical analysis confirms the expected effects of macroprudential policies on bank credit, both fo...

Description complète

Détails bibliographiques
Auteur principal: Cizel, Janko
Autres auteurs: Frost, Jon, Houben, Aerdt, Wierts, Peter
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2016.
Collection:IMF Working Papers; Working Paper ; No. 2016/094
Accès en ligne:Full text available on IMF