Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/87915
Authors: 
Gavin, Michael
Hausmann, Ricardo
Year of Publication: 
1996
Series/Report no.: 
Working Paper, Inter-American Development Bank, Office of the Chief Economist 318
Abstract: 
This paper discusses the ways in which macroeconomic developments can put stress on banks, and in extreme cases lead to banking crises. These macroeconomic causes of bank vulnerability and crisis have important implications for regulatory regimes, and for macroeconomic policy itself. Much of the discussion emphasizes the need for monetary policy to be set with an eye on the state of the domestic banking system as an occasionally important consideration. One purpose of this paper is to promote a discussion of how to do a better job of incorporating weak banking systems into macroeconomic policy management.
Document Type: 
Working Paper

Files in This Item:
File
Size
201.89 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.