Aiyar, Shekhar; Calomiris, Charles W.; Wieladek, Tomasz - In: Economic Policy 29 (2014) 77, pp. 45-77
type="main" xml:id="ecop12026-abs-0001" <title type="main">Summary</title> <p>What kinds of credit substitution, if any, occur when changes to banks’ minimum capital requirements induce them to change their willingness to supply credit? The question is of first-order importance given the emergence of ‘macro-prudential’...</p>