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| ISBN: | 9781137001535 |
|---|---|
| Formato: | Page Fidelity |
| Idioma: | Inglés |
| Editorial: | Springer Nature |
| Tema: | Negocios y economía |
| Subtema: | Macroeconomía |
| Año de publicación: | 2006-06-28 |
Procyclicality of the financial system is a feature of any normally functioning economy. However, procyclicality can sometimes become excessive leading to undesired effects on the real economy. The challenge that this volume addresses is to define excessive and to identify policy actions that could produce superior outcomes.