Credit growth and the effectivenss of reserve requiremetns and other macroprudential instruments in Latin America / prepared by Camilo E. Tovar, Mercedes Garcia-Escribano, and Mercedes Vera Martin.

Over the past decade policy makers in Latin America have adopted a number of macroprudential instruments to manage the procyclicality of bank credit dynamics to the private sector and contain systemic risk. Reserve requirements, in particular, have been actively employed. Despite their widespread us...

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Bibliographic Details

Online Access:	Full Text (via ProQuest)
Main Authors:	Tovar Mora, Camilo Ernesto (Author), Garcia-Escribano, Mercedes (Author), Vera-Martín, Mercedes (Author)
Format:	eBook
Language:	English
Published:	[Washington, D.C.] : International Monetary Fund, ©2012.
Series:	IMF working paper ; WP/12/142.
Subjects:	Bank reserves > Latin America. Transmission mechanism (Monetary policy) > Latin America. Credit > Latin America. Business cycles > Latin America. Bank reserves Business cycles Credit Transmission mechanism (Monetary policy) Latin America