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Using a new, large data set on quarterly reserve requirements for the period 1970-2011, this paper provides new evidence on the use of reserve requirements as a countercyclical macroprudential tool in developing countries. The appeal of reserve requirements lies in the pro-cyclical behavior of...
Persistent link: https://www.econbiz.de/10012573862
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In 2008–09 the world experienced the most severe financial and economic crisis since the Great Depression. The global financial crisis is attributed to a variety of factors, such as developments in the subprime mortgage sector, excessive leverage, lax financial regulation and...
Persistent link: https://www.econbiz.de/10009653149
In 2008–09 the world experienced the most severe financial and economic crisis since the Great Depression. The global financial crisis is attributed to a variety of factors, such as developments in the subprime mortgage sector, excessive leverage, lax financial regulation and...
Persistent link: https://www.econbiz.de/10009653195
In 2008–09 the world experienced the most severe financial and economic crisis since the Great Depression. The global financial crisis is attributed to a variety of factors, such as developments in the subprime mortgage sector, excessive leverage, lax financial regulation and...
Persistent link: https://www.econbiz.de/10009653215
Output gap estimates are subject to a wide range of uncertainty owing to data revisions and the difficulty in distinguishing between cycle and trend in real time. This is important given the central role in monetary policy of assessments of economic activity relative to capacity. We show that...
Persistent link: https://www.econbiz.de/10011163120
improve the national infrastructure, particularly in the ports in northern Brazil, could lead to large improvements in the … in Brasilien zu ermitteln, wurde eine Markt- und Kostenanalyse für vier Anbaugebiete im Sorriso-Santos-Korridor mit … auf dem Weltmarkt gehört Brasilien zu den Hauptversorgern der weltweiten Sojanachfrage. Der Einfluss von Logistik und …
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