The Volatility Costs of Procyclical Lending Standards : an Assessment Using a DSGE Model /
The ongoing financial turmoil has triggered a lively debate on ways of containing systemic risk and lessening the likelihood of boom-and-bust episodes in credit markets. Particularly, it has been argued that banking regulation might attenuate procyclicality in lending standards by affecting the beha...
Saved in:
| Online Access: |
Full text (MCPHS users only) |
|---|---|
| Main Author: | |
| Corporate Author: | |
| Other Authors: | |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2009
|
| Series: | IMF Working Papers ;
Working Paper no. 09/35. |
| Subjects: | |
| Local Note: | ProQuest Ebook Central |
