Coverart for item
The Resource Credit booms : implications for the public and the private sector, by Tano Santos ; comments by Andrés Velasco

Credit booms : implications for the public and the private sector, by Tano Santos ; comments by Andrés Velasco

Label
Credit booms : implications for the public and the private sector
Title
Credit booms
Title remainder
implications for the public and the private sector
Statement of responsibility
by Tano Santos ; comments by Andrés Velasco
Creator
Contributor
Subject
Language
eng
Summary
"The pre-crisis period was characterised by ample liquidity, a credit boom, and low yields in a wide range of asset classes. It was also defined by the accumulation of risks on and off the balance sheets of many financial intermediaries, particularly banks, as well as by a substantial increase in public and private sector debt in some countries. Understanding the relation between liquidity and the excessive accumulation of risks remains a central policy question. How do credit booms affect incentives? In the case of the government sector, credit booms may affect the incentives of different interest groups to agree on policies for reform or fiscal stabilisation. In the case of the private sector, it may change the incentives of originators to produce good assets. Credit booms complicate the evaluation of policies and agents and in addition may facilitate the entrenchment of interest groups and the deterioration of governance institutions"--Abstract
Member of
Cataloging source
UNBCA
http://library.link/vocab/creatorName
Santos, Tano
Illustrations
illustrations
Index
no index present
Literary form
non fiction
http://library.link/vocab/relatedWorkOrContributorName
  • Velasco, Andrés
  • Bank for International Settlements
Series statement
BIS working papers,
Series volume
no. 481
http://library.link/vocab/subjectName
  • Credit
  • Monetary policy
  • Liquidity (Economics)
  • Corporations
  • Debts, Public
  • Debts, External
Label
Credit booms : implications for the public and the private sector, by Tano Santos ; comments by Andrés Velasco
Instantiates
Publication
Note
  • "January 2015."
  • Includes abstract
Bibliography note
Includes bibliographical references (pages 36-37)
Control code
ocn904446018
Dimensions
PDF
Extent
1 electronic resource (i, 38 p.)
Other physical details
col. ill.
System control number
(OCoLC)904446018
Label
Credit booms : implications for the public and the private sector, by Tano Santos ; comments by Andrés Velasco
Publication
Note
  • "January 2015."
  • Includes abstract
Bibliography note
Includes bibliographical references (pages 36-37)
Control code
ocn904446018
Dimensions
PDF
Extent
1 electronic resource (i, 38 p.)
Other physical details
col. ill.
System control number
(OCoLC)904446018

Library Locations

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