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BANK REGULATION AND MACROECONOMIC FLUCTUATIONS

Over the last two decades, macroeconomic cycles were frequently associated with boom—bust cycles in bank lending and asset prices, often followed by financial instability. In this paper we argue that (i) the new pattern of macroeconomic cycles is partly the result of banking-sector... Full description

1st Person: GOODHART, CHARLES
Additional Persons: HOFMANN, BORIS verfasserin; SEGOVIANO, MIGUEL verfasserin
Source: in Oxford review of economic policy Vol. 20, No. 4 (2004), p. 591-615
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Type of Publication: Article
Language: English
Published: 2004
Keywords: research-article
Online: Volltext
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