Macroprudential Policy and Credit Supply

Macroprudential Policy and Credit Supply

Summary In this paper we analyze financial crises and the interactions of macroprudential policy and credit. Financial crises are recurrent systemic phenomena, often triggering deep and long-lasting recessions with large reductions in aggregate welfare, output and employment Importantly for policy,...

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Bibliographic Details
Main Author: José-Luis Peydró
Format: Article
Language:English
Published: SpringerOpen 2016-01-01
Series:Swiss Journal of Economics and Statistics
Subjects:
Financial crises
macroprudential policy
credit supply
risk-taking
capital
liquidity
Online Access:http://link.springer.com/article/10.1007/BF03399430

Internet

http://link.springer.com/article/10.1007/BF03399430

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