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http://hdl.handle.net/10419/45532
  
Title:The unequal effect of new banking rules in Europe PDF Logo
Authors:Marzinotto, Benedicta
Rocholl, Jörg
Issue Date:2010
Series/Report no.:Bruegel policy contribution 2010/10
Abstract:In this paper, Benedicta Marzinotto and Jörg Rocholl focus on the tightening of credit conditions for banking rules (Basel III), particularly the estimated macroeconomic costs range, monetary policy and the aggregate costs of the measures. The authors report that the monetary policy response to these changes is not likely to be accommodating and that the aggregate costs of the measures will be differently distributed across countries depending on a variety of issues.
Document Type:Working Paper
Appears in Collections:Bruegel Policy Contribution

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