ENGLISH

Procyclicality of Financial Systems in Asia

By Stefan Gerlach , Paul Gruenwald (eds.)

Book information

Publisher
Palgrave Macmillan UK
Year
2006
ISBN
978-0-230-54700-1, 978-1-137-00153-5
DOI
10.1007/978-1-137-00153-5
Language
english
Format
PDF
Filesize
668 kB (684091 bytes)
Series
Procyclicality of Financial Systems in Asia
Edition
1
Pages
XIV, 182\197
Time added
2016-03-14 21:35:01
general; Asian Economics; Financegeneral; International EconomicsMacroeconomics/Monetary Economics//Financial Econo

Description

Procyclicality of the financial system is a feature of any normally functioning economy. However, procyclicality can sometimes become 'excessive' leading to undesired effects on the real economy. The challenge that this volume addresses is to define 'excessive' and to identify policy actions that could produce superior outcomes.

Similar books