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Procyclicality of Financial Systems in Asia

Procyclicality of Financial Systems in Asia by Gerlach, Stefan 0230547001 9780230547001
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ISBN: 0230547001


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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.

Author: Gerlach, Stefan

Language: English

Edition: First Edition

Binding: Paperback

Pages: 200

Publisher: Palgrave Macmillan

Publication Date: 2007-08-15


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