The Macroeconomic Implications of the New Basel Accord
The Macroeconomic Implications of the New Basel Accord
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Publisher
Oxford: Oxford University Press
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Language
English
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Oxford: Oxford University Press
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Contents
This paper assesses the macroeconomic implications of Basel II in light of recent development in the literature. It argues that although Basel II is likely to strengthen banks' incentives to control their risk-taking, it may reduce credit supply to certain borrowers, such as small-and medium-sized enterprises (SMEs) and firms based in developing co...
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Full title
The Macroeconomic Implications of the New Basel Accord
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TN_cdi_proquest_miscellaneous_38521539
Permalink
https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_miscellaneous_38521539
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ISSN
1610-241X
E-ISSN
1612-7501
DOI
10.1093/cesifo/49.2.217
