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.
發表於2024-11-25
Procyclicality of Financial Systems in Asia 2024 pdf epub mobi 電子書 下載
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Procyclicality of Financial Systems in Asia 2024 pdf epub mobi 電子書 下載