Does Prolonged Monetary Policy Easing Increase Financial Vulnerability? /
Using firm-level data for approximately 1,000 bank and nonbank financial institutions in 22 countries over the past 15 years we study the impact of prolonged monetary policy easing on risk-taking behavior. We find that the leverage ratio, as well as other measures of firm-level vulnerability, increa...
| প্রধান লেখক: | |
|---|---|
| অন্যান্য লেখক: | , |
| বিন্যাস: | পত্রিকা |
| ভাষা: | English |
| প্রকাশিত: |
Washington, D.C. :
International Monetary Fund,
2017.
|
| মালা: | IMF Working Papers; Working Paper ;
No. 2017/065 |
| অনলাইন ব্যবহার করুন: | Full text available on IMF |