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来源类型 | Article |
规范类型 | 其他 |
DOI | 10.1016/j.jmacro.2019.03.004 |
On the Empirics of Reserve Requirements and Economic Growth. | |
Crespo Cuaresma J; von Schweinitz G; Wendt K | |
发表日期 | 2019 |
出处 | Journal of Macroeconomics 60: 253-274 |
出版年 | 2019 |
语种 | 英语 |
摘要 | Reserve requirements, as a tool of macroprudential policy, have been increasingly employed since the outbreak of the great financial crisis. We conduct an analysis of the effect of reserve requirements in tranquil and crisis times on long-run growth rates of GDP per capita and credit (%GDP) making use of Bayesian model averaging methods. Regulation has on average a negative effect on GDP in tranquil times, which is only partly offset by a positive (but not robust effect) in crisis times. Credit over GDP is positively affected by higher requirements in the longer run. |
主题 | World Population (POP) |
关键词 | Reserve requirements Macroprudential policy Credit growth Economic growth Bayesian model averaging |
URL | http://pure.iiasa.ac.at/id/eprint/15812/ |
来源智库 | International Institute for Applied Systems Analysis (Austria) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/131712 |
推荐引用方式 GB/T 7714 | Crespo Cuaresma J,von Schweinitz G,Wendt K. On the Empirics of Reserve Requirements and Economic Growth.. 2019. |
条目包含的文件 | 条目无相关文件。 |
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