Publication
Mar 2013
This paper discusses the potential usefulness of implementing a macroprudential approach to financial regulation in Central America. The authors argue that regulations that minimize the eruption of credit booms and busts are warranted. Simulation exercises also suggest significant potential benefits of such an approach for the stability of financial systems in the region.
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English (PDF, 37 pages, 801 KB) |
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Author | Alejandro Izquierdo, Rudy Loo-Kung, Liliana Rojas-Suarez |
Series | CGD Working Papers |
Issue | 318 |
Publisher | Center for Global Development (CGD) |
Copyright | © 2013 Center for Global Development (CGD) |