Banking Policy and Macroeconomic Stability: An Exploration

Whether and when does banking serve to stabilize the economy? The authors view the banking system as a filter through which foreign and domestic shocks feed through to the domestic economy. The filter can dampen or amplify the shocks through variou...

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Bibliographic Details
Main Authors: Caprio, Gerard, Jr., Honohan, Patrick
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, D.C. 2013
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2002/06/1942076/banking-policy-macroeconomic-stability-exploration
http://hdl.handle.net/10986/14290