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来源类型Article
规范类型其他
DOI10.1016/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
URLhttp://pure.iiasa.ac.at/id/eprint/15812/
来源智库International Institute for Applied Systems Analysis (Austria)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/131712
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GB/T 7714
Crespo Cuaresma J,von Schweinitz G,Wendt K. On the Empirics of Reserve Requirements and Economic Growth.. 2019.
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