Friend or Foe? : Cross-Border Linkages, Contagious Banking Crises, and 'Coordinated' Macroprudential Policies /

This paper examines whether the coordinated use of macroprudential policies can help lessen the incidence of banking crises. It is well-known that rapid domestic credit growth and house price growth positively influence the chances of a banking crisis. As well, a crisis in other countries with high...

Full description

Bibliographic Details
Main Author: Choi, Seung
Other Authors: Kodres, Laura, Lu, Jing
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2018.
Series:IMF Working Papers; Working Paper ; No. 2018/009
Online Access:Full text available on IMF