Series: IMF Working Papers
Author(s): Bin Wang , and Tao Sun
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 27 March 2013
Keywords: Macroprudential policies, Effectiveness, banking, reserve requirement, liquidity ratio, capital adequacy, bank rate, Government Policy and Regulation, Government Policy and Regulation, China
This paper investigates macroprudential policies and their role in containing systemic risk in China. It shows that China faces systemic risk in both the time (procyclicality) and cross-sectional (contagion) dimens...