Series: IMF Working Papers
Author(s): Stijn Claessens
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 11 December 2014
Keywords: externalities, market failures, procyclicality, systemic risks, banks, credit, risk, capital, Government Policy and Regulation, Government Policy and Regulation,
Macroprudential policies - caps on loan to value ratios, limits on credit growth and other balance sheets restrictions, (countercyclical) capital and reserve requirements and surcharges, and Pigouvian levies - have...