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...

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Бібліографічні деталі
Автор: Cizel, Janko
Інші автори: Frost, Jon, Houben, Aerdt, Wierts, Peter
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2016.
Серія:IMF Working Papers; Working Paper ; No. 2016/094
Онлайн доступ:Full text available on IMF