How Long to Read Leakages from Macroprudential Regulations: The Case of Household-Specific Tools and Corporate Credit
By International Monetary Fund
How Long Does it Take to Read Leakages from Macroprudential Regulations: The Case of Household-Specific Tools and Corporate Credit?
It takes the average reader and 35 minutes to read Leakages from Macroprudential Regulations: The Case of Household-Specific Tools and Corporate Credit by International Monetary Fund
Assuming a reading speed of 250 words per minute. Learn more
Description
Sector-specific macroprudential regulations increase the riskiness of credit to other sectors. Using firm-level data, this paper computed the measures of the riskiness of corporate credit allocation for 29 advanced and emerging economies. Consistently across these measures, the paper finds that during credit expansions, an unexpected tightening of household-specific macroprudential tools is followed by a rise in riskier corporate lending. Quantitatively, such unexpected tightening during a period of rapid credit growth increases the riskiness of corporate credit by around 10 percent of the historical standard deviation. This result supports early policy interventions when credit vulnerabilities are still low, since sectoral leakages will be less important at this stage. Further evidence from bank lending standards surveys suggests that the leakage effects are stronger for larger firms compared to SMEs, consistent with recent evidence on the use of personal real estate as loan collateral by small firms.
How long is Leakages from Macroprudential Regulations: The Case of Household-Specific Tools and Corporate Credit?
Leakages from Macroprudential Regulations: The Case of Household-Specific Tools and Corporate Credit by International Monetary Fund is 35 pages long, and a total of 8,925 words.
This makes it 12% the length of the average book. It also has 11% more words than the average book.
How Long Does it Take to Read Leakages from Macroprudential Regulations: The Case of Household-Specific Tools and Corporate Credit Aloud?
The average oral reading speed is 183 words per minute. This means it takes and 48 minutes to read Leakages from Macroprudential Regulations: The Case of Household-Specific Tools and Corporate Credit aloud.
What Reading Level is Leakages from Macroprudential Regulations: The Case of Household-Specific Tools and Corporate Credit?
Leakages from Macroprudential Regulations: The Case of Household-Specific Tools and Corporate Credit is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
Where Can I Buy Leakages from Macroprudential Regulations: The Case of Household-Specific Tools and Corporate Credit?
Leakages from Macroprudential Regulations: The Case of Household-Specific Tools and Corporate Credit by International Monetary Fund is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.
To buy Leakages from Macroprudential Regulations: The Case of Household-Specific Tools and Corporate Credit by International Monetary Fund on Amazon click the button below.
Buy Leakages from Macroprudential Regulations: The Case of Household-Specific Tools and Corporate Credit on Amazon