Financial Soundness Indicators and the Characteristics of Financial Cycles

Financial Soundness Indicators and the Characteristics of Financial Cycles
Better "financial soundness" of banks could help mitigate the volatility of financial cycles by reducing banks' risk exposure. But trying to improve financial soundness in the midst of a downturn can do the opposite—further aggravating the contraction of credit. Consistent with this notion, the paper found that better initial scores in certain... READ MORE...

Publication date: January 2014
ISBN 9781484386880
$18.00

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