A simple macroprudential liquidity buffer /
A mechanism is proposed that aims to reduce the risk of a banking sector liquidity crisis--which is a quintessentially systemic event and thus the object of macroprudential policy--and moderate the effects of a crisis should one occur. The instrument would give banks more incentive to build up buffe...
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| Main Authors: | , |
|---|---|
| Format: | eBook |
| Language: | English |
| Published: |
[Washington, D.C.] :
International Monetary Fund,
©2014.
|
| Series: | IMF working paper ;
WP/14/235. |
| Subjects: | |
| Online Access: | CONNECT CONNECT |
