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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) dimensions. The former is reflected as credit and asset price risks, while the latter is...
Persistent link: https://www.econbiz.de/10014395294
The water footprint is an indicator of freshwater consumption that looks not only at direct water consumption of a consumer or producer, also at the indirect water consumption. The water footprint can be regarded as a comprehensive indicator of freshwater resources appropriation, next to the...
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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) dimensions. The former is reflected as credit and asset price risks, while the latter is...
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