Procyclicality of Financial Systems in Asia
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.
Keywords
Business & EconomicsEconomicsMacroeconomicsSocial ScienceManagement ScienceFinanceInternationalAnthropologyCultural & Social
2006Book
Author(s)Stefan Gerlach
PublisherPalgrave Macmillan UK
ISBN9781403987518
LanguageEnglish
